According to a recent article in Accounting Today -- The XBRL data standard continues to expand globally around the world as a important tool to reduce regulatory reporting by public companies using a standard data format that can be shared across regulators in one common report
The goal of the working group is to establish a standardized method to represent a token across all blockchain networks in order to eliminate transactional friction and reduce processing costs; enable automation and provenance tracking; and allow interoperability of transactions on a global scale. Non-Financial Information Disclosure What about non-financial information that securities regulators are mandating such as sustainability information or human capital?
IMA is one of the original founders of the XBRL global data standard ( Ms