Views on improving the integrity of global capital markets

Financial Reporting


How are experienced practitioners applying ESG integration?

lthough different definitions for materiality apply, the consensus among investors is that a material ESG issue is a fundamental value driver of a company or security that affects the income statement, balance sheet, and cash-flow statement positively or negatively.

Asset Owners Experience Shortage of ESG Products Meeting Expectation

Clients have the power to drive ESG integration forward as practitioners listen to them.

Investor Forum 2019: Driving Actionable Analytics

XBRL US held Investor Forum 2019: Driving Actionable Analytics in New York on 4 November.

Climate-Related Issues: The Gap Between Current Reporting and Investor Expectations

According to the October 2019 report Climate-Related Corporate Reporting from the UK Financial Reporting Council’s (FRC) Financial Reporting Lab,

IFRS: Relevant Financial Reporting

CFA Institute and the IFRS Foundation held a joint stakeholder event last evening as part of the IFRS Trustees meeting in New York. Bob Pozen spoke and WSJ’s Jason Zweig moderated a… READ MORE ›

The Matter with “Critical Audit Matters”

Beginning in 2019, certain public companies’ audit reports will begin to contain new information

Is the Proxy Advisory Industry in Danger?

The Securities and Exchange Commission (SEC or the Commission) appears set to unveil new oversight for firms that advise investors on voting their shares in public companies.

Nine Cursory Observations About WeWork

WeWork. Where to begin? Here’s a cursory look so far.

“Equity” or “Debt”? Standard-Setters Must Draw a Clear Line

The concepts of “debt” and “equity” are as old as human conversation.

Embracing the Inevitable: ESG Disclosures

When it comes to ESG reporting, survey respondents and roundtable participants say that they incorporate governance factors into their investment analysis to a greater extent than they incorporate environmental and social factors.

Reverse Factoring: Undisclosed Borrowing to Smooth Operating Cashflows Volatility

Creditor factoring generally delays payments to creditors to fund a company’s operations. While such arrangements may help companies in smoothing operating cashflow volatility, often it is used as a last resort to manage liquidity problems. Investors find out about this practice only when “other items” in current liabilities become too big to miss when it may be too late to take action.

SpaceX Is Opening Up the Next Frontier for HFT

It has been a few years now since the topic of high-frequency trading (HFT) has garnered mainstream attention, or even much coverage in the financial press.

A Rocky Road to Improved Investor Protection

For most of 2018, the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry captured the attention of many in Australia. Unfortunately, the issue of mis-selling is a global one.

Dual-Class Shares: The Fear of Missing Out?

The fear of missing out (FOMO) typically refers to the uneasiness that one is not “in-the-know” or is “out of touch” with some social events, experiences, and interactions.