Great article from the European Securities Market Authority on what EU public companies must do using the new Inline XBRL Global Data Standard for Better Transparency & Accountability by putting financial and non-financial financial statement info in a machine-readable format. The USA...
Great article in Accounting Today by Daniel Hood (Editor) today about the accounting profession and its relationship to technology… From Accounting Today: T homson Reuters’ Jon Baron … roughly a third of them (accountants) are dooming themselves to extinction by not embracing change and...
Great article in Accounting Today about the status of XBRL adoption worldwide and its use to reduce business and regulatory reporting burdens (using Standard Business Reporting) and enhance analytics because tagged data is in a machine-readable structured format as discussed by John Turner,...
According to CERES - while almost half of the 600 largest U.S. public companies communicate with investors about environmental, social and governance issues, they could be doing a much better job of it. One “constant refrain” heard from investors is that “if a company is not talking about its...
The proposed recommendations fall into the following categories: Integration by issuers and regulated entities of ESG-specific issues in their overall risk appetite and governance (Recommendation 1); ESG-specific disclosures and reporting (Recommendation 2); Data quality (Recommendation 3); Definition of sustainable instruments (Recommendation 4); Eligible projects and activities (Recommendations 5 to 9); Integration of ESG-specific issues into the investment analysis, strategies and overall governance of institutional investors (Recommendation 10); and Building capacity and expertise for ESG issues (Recommendation 11)