Solutions:
Solutions:
Students can respond with various benefits for investors and financial analysts, including:
Solutions:
Students can respond with various benefits for a corporation, including the following:
Solutions:
Students can respond with several of the following differences between XBRL and iXBRL:
Solutions:
The CEAOB published guidance in late 2021 for auditors regarding their responsibility to audit financial statements complying with the ESEF requirement to prepare and file a single electronic financial report using iXBRL tags (CEAOB 2021a). The guidance objective is to ensure quality of the audited ESEF reports and filings, appropriate use of extensions, and compliance with anchoring of extension tags (i.e., citing the closest existing taxonomy tag to the extension).
ESEF requires statutory auditors for companies with listed securities on regulated EU markets to provide an audit opinion addressing whether (1) financial statements in the annual financials provide a true and fair view under the applicable...
