Corporate Reporting is Broadening its Scope

Companies have been trying to cope with the COVID-19 pandemic while also generating sustainable, long-term value for multiple stakeholders — shareholders, employees, customers, communities and other parties. The demand has been growing for a focus not only on financial outcomes but also on environmental and social impacts.

Read more
Europe to get mandatory digital ESG disclosure using Inline XBRL

In a major step forward for ESG reporting, The European Commission has adopted a proposal for a Corporate Sustainability Reporting Directive (CSRD), to replace its current Non-Financial Reporting Directive (NFRD). The CSRD will require the use of Inline XBRL (iXBRL) and marks a new chapter in environmental, social and governance (ESG) disclosure. It was announced as part of a sustainable finance package intended to foster sustainable activity. 

Read more
Where Will Technology Progress Take The Accounting Profession?

By Ricardo Rodil
Ricardo Rodil leads the capital markets advisory services division at Crowe Macro (Brazil).

Every time I try to understand or analyze a very complex event,  I usually try to reduce the problem to its essential elements – a sort of inverted zoom lens. I know that the devil is in the details, but I need to have some distance from them. So, I formulate extreme hypotheses, thinking about all the possible/plausible results (from 8 thru 8,000, as we say in Brazil). And, of capital importance, I know I need to keep my mind open to all possibilities. Today, I want to share with you where my latest thoughts have led me, about where and how technology is progressing and how that is transforming our lives.

Read more

CPA Founding Partner

Chartered Professional Accountants of Canada (CPA Canada), one of the largest national accounting organizations in the world, has chosen to become a founding partner of ThinkTwenty20.