EU – Package of measures for sustainable finance

April 21, 2021. The European Commission adopted a package of measures to help improve the flow of money for sustainable activities across the European Union. EU Taxonomy Climate Delegated Act: This aims to support sustainable investment by defining which economic activities contribute most to achieving the EU’s environmental goals. [Note: The term taxonomy is NOT […]

DVFA statement: German draft bill on annual financial reports (ESEF)

October 16 2019. The German Association of Investment Professionals (DVFA e.V.), and here the Corporate Analysis Commission, of which I am a member, commented on the German draft law for the further implementation of the Transparency Directive – amendment directive with regard to a uniform electronic format for annual financial reports – dated October 16, […]

Börsenzeitung: IFRS consolidated financial statements soon with iXBRL – digital transformation of financial reporting with obstacles

“The digital transformation is imminent for the traditional processes, starting with the preparation of the consolidated financial statements, the audit, the publication and right up to their use by investment professionals. Sure, there are consolidated financial statements in PDF format for download, balance sheets prepared in spreadsheets for investors, fee-based databases for investment professionals, but […]

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