XBRL News about key audit matters, ESAP and CFA benefits

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. Apologies for the delayed publication, which was due to a technical glitch. 

1  Insights from Japan’s digitally tagged KAMs

2  Opinion of the ECB on the establishment and functioning of the European Single Access Point

On 25 November 2021 the European Commission published a legislative package1 (hereinafter the ‘proposal’), proposing the establishment of a European Single Access Point (ESAP) providing centralised access to publicly available information of relevance to financial services, capital markets and sustainability, as envisaged in the Capital Markets Union (CMU) Action Plan adopted by the Commission in September 2020. 

Despite the very technical language, this is a very important (unsurprisingly supportive) comment by the ECB. 

3  CFA charterholders gain access to XBRL data platform via Calcbench partnership

The CFA Institute Research Foundation has partnered with Calcbench, providing over 180,000 potential users with instant and systematic access to XBRL data filed with the US Securities and Exchange Commission (SEC). From later in June, Chartered Financial Analysts (CFAs) worldwide will enjoy free use of the Calcbench Premium service as part of their CFA Institute membership.

We are certainly looking forward to kicking the tires of this new membership benefit! Hopefully we’ll be forgiven for bringing the headline in line with the CFA Institute Code & Standards …



Christian Dreyer CFA is well known in Swiss Fintech circles as an expert in XBRL and financial reporting for investors.

 We have a self-imposed constraint of 3 news stories each week because we serve busy senior leaders in Fintech who need just enough information to get on with their job.

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