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With the recent news that the European Securities and Markets Authority (ESMA) has published a feedback statement setting out the use of Inline XBRL as the digital format which public companies in the European Union (EU) must use to report their company information to investors worldwide from...
What’s exciting according to the Accounting Today article is that XBRL is now mandated by more than 100 securities, banking and tax authorities in more than 70 countries around the world for better regulatory and risk management
(Many of these companies are private companies that involve the preparation of management accountants outside the USA) John Turner sees the biggest uptake of XBRL globally among financial regulators in the banking, insurance and pension industries, particularly in Asia and Europe
New areas of data assurance besides a company's financial information: Mortgage-Backed Securities Marketplace What about other data elements that can be tagged and assured used in the capital markets or banking communities – what about mortgage backed securities where transparency is really needed?