Views on the integrity of global capital markets

Financial Statement Analysis


Financial Reporting and Analysis Today: Using XBRL to Make the Process Faster and Easier

With over 150 million data points in this structured database, XBRL has the potential to increase the volume, speed, and access to corporate financial reporting and analysis.

Heads Up Investors! The Implications of Evolving Audit Services

Increasingly, auditors are expected to have a bigger and more effective role in ensuring the integrity of a wider array of company reported information that is material to investment decision making.

Automation of Financial Reporting: Greater Efficiencies, Lower Costs

Transforming regulatory reporting from documents into data can make markets more efficient, empower investors, and improve regulatory oversight while also reducing compliance costs.

Financial Reporting Needs to Embrace the Digital Revolution

Structured data, data analytics, and technology can bring greater efficiency for all parties in the financial reporting chain.

Early Adopters of IFRS Signal Commitment to Quality Financial Reporting

The benefits of adopting IFRS that firms enjoy depends on when they adopt, what reporting standards were like in their jurisdiction, and how well those standards are enforced.

Sliding Down the Slippery Slope: Simplified Standards for Small Public Companies?

The reasons behind possibly extending account alternatives to public companies are different from when those alternatives were extended to private companies, and they are not the right reasons.

Solving the Conundrum Presented by Non-GAAP Financial Measures

How companies present non-GAAP financial measures can be misleading and can undermine GAAP/IFRS performance measures.

DQC Continues Quest to Improve Data Quality: New Validation Rules Open for Comment

The second set of proposed XBRL guidance and validation rules from the US DQC are now open for public review and comment. We encourage you to participate. Deadline is 31 August.

SEC Filers’ Errors in XBRL Format Dropped 64% by Using DQC’s Validation Rules

With its impressive findings, a 60% to 70% drop in filers’ errors, the DQC hopes more companies will use its validation rules to prevent or spot variations or errors in XBRL data filed with the SEC.

What Is the FRC Doing to Engage Investors and Enhance Corporate Reporting?

Watch the Financial Reporting Council’s Jennifer Walmsley discuss with Vincent Papa, PhD, CPA, CFA, the focus of the council’s engagement with investors in the next 12 months.

Novel Proposals on Corporate Reporting Reforms: Will Investor Needs Be Met?

Watch FEE’s Hilde Blomme and Mark Vaessen highlight key elements of their discussion paper proposals on corporate reporting reforms. Then share your views about them with the FEE before 30 June.

Seven’s a Charm for Investors: PCAOB Disclosure of Engagement Partner Finally Reality

Mickey Mantle, the UCLA Bruins, the seven seas — what do they have in common with the Public Company Accounting Oversight Board’s disclosure requirement? What three main changes should investors know?

Materiality: Investor Concerns

FASB proposal concerns investors. Is too much gray area lost in shifting the threshold from not disclosing items that are clearly immaterial to only disclosing items that are clearly material?

What Are the Five Things Needed To Maximize Investors’ Benefits from XBRL?

Firms and regulators: Follow our XBRL framework principles to address implementation challenges. Analysts: Watch how structured data can be used.

Audit Inspection Reports Are Like “Groundhog Day” Storylines

About those findings, what are IFIAR and the six largest network firms (including BDO International Ltd., Deloitte Tohmatsu Ltd., and Ernst & Young Global Ltd.) doing to end investors’ audit inspection report 'winter’?



By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close