Yee Haw! US Sustainability KPIs

July 30th, 2010 by Stewart McKie - Executive Advisor

At last the USA has begun to engage with the thorny issue of sustainability KPIs in an important new report - From Transparency to Performance – sponsored by Harvard’s Hauser Center and the Initiative for Responsible Investment. Is this a shot across the bows of the clever clogs at the GRI or a Harvard push to extend the balanced scorecard concept into the sustainability space? Read the rest of this entry »




The Future of Sustainability Reporting?

July 28th, 2010 by Stewart McKie - Executive Advisor

A recent Deloitte paper Sustainability in business: a cross industry view has lots of interesting things to say about sustainability in business generally and a few interesting things to say about sustainability reporting specifically. Read the rest of this entry »




The Narrative Challenge

July 27th, 2010 by Stewart McKie - Executive Advisor

Back in 2004, the UK’s ICAEW issued a interesting report called Digital reporting: a progress report. In the report they refer to the challenge for XBRL of tagging narrative information. So I’d like to noodle that for a moment. Read the rest of this entry »




iPad – The Future of Corporate Reporting?

July 26th, 2010 by Stewart McKie - Executive Advisor

Some time back I posted on the use of new platforms (e.g. iPad, iPhone) for delivering corporate reporting so it’s good to see that someone else is picking up this theme. In Is the iPad the future of corporate reporting, Richard Simpson, a bizdev director at a UK-based design agency, has this to say about XBRL and the iPad: Read the rest of this entry »




Addressing XBRL

July 26th, 2010 by Stewart McKie - Executive Advisor

No. Not a new XBRL taxonomy for mailing labels but the title of a very useful white paper by Ernst & Young that provides good introductory coverage of XBRL, the use of XBRL by regulators generally and the S.E.C. specifically, and the connection between XBRL and IFRS.  Worth a read.




No. JR isn’t back. It’s an Appstore for Data.

July 22nd, 2010 by Stewart McKie - Executive Advisor

Our data maven Ted Stavropoulos alerted me to Microsoft’s new ‘codename Dallas‘ initiative. And no, it’s not an attempt to bring back JR, Sue Ellen and all the other cheeseballs from Southfork ranch. It’s something even better than that – an appstore for data. Read the rest of this entry »




Integrated Reporting: The Challenges Ahead

July 19th, 2010 by Stewart McKie - Executive Advisor

Integrated Reports Voluntary Filing, by authors Eccles and King, is a very useful update on the global integrated reporting situation and outlines four challenges to the 2020 Goal for Integrated Reporting. I’d like to comment on these challenges below. Read the rest of this entry »




Comply. Control. Communicate.

July 16th, 2010 by Stewart McKie - Executive Advisor

Every now and then I like to revisit Rivet’s XBRL journey mantra  - Comply. Control. Communicate. – to remind ourselves that we are really only at stage 1 of the XBRL journey and there is a long way to go.

Read the rest of this entry »




The Semantic Web: A Layer Too Far?

July 14th, 2010 by Stewart McKie - Executive Advisor

The future of reporting is holistic reporting.

That means reports used to communicate organizational transparency. But don’t expect these reports to be ‘pushed’ out of organizations. Instead they are more likely to be ‘pulled’ together in an automated way by web apps that leverage the combination of XBRL, ontologies and various online data streams. In fact many holistic reports may be compiled without any human intervention at all whilst allowing information consumers to navigate endless pathways through the data. Read the rest of this entry »




How About More XBRL?

July 13th, 2010 by Stewart McKie - Executive Advisor

The UK PWC Corporate Reporting blog recently posted the following:

PricewaterhouseCoopers in partnership with the Chartered Institute of Management Accountants and Tomorrow’s Company is pleased to announce the commencement of a programme looking at what changes are needed to make corporate reporting fit for purpose for the future. This programme is being kicked off with a “Call for Evidence” which was reported on in The Financial Times. Read the rest of this entry »