The Securities and Exchange Commission SEC has issued a formal request to
software vendors for help in developing an XBRL-based analytical tool to add to
the section of its website where public company financial filings are posted.
The move is seen as more subtle pressure put on companies to adopt the
internet-language method of tagging financial data, which makes it easier for
investors to examine and compare the financial statements of public companies.
XBRL has been championed by SEC chairman Christopher Cox.
The SEC has relied on incentives to attract some 25 companies to a pilot XBRL
program, CFO magazine reported.
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting
Accountancy Age is delighted to reveal the shortlists for the 2016 British Accountancy Awards