The Future of Financial Reporting A white paper on the European Single Electronic Format. Beginning January 2020, the European Union regulated issuers will be required to prepare their annual reports in compliance with the European Single Electronic Format (ESEF). The European Securities and Markets Authority (ESMA) has determined that iXBRL is the most suitable technology to support ESEF reporting as it enables both machine and human readability in one document. This mandate will standardize the presentation of financial data in annual reports across the EU.
Which Going-Public Exit Strategy is Right for Your Company? Whether you're a startup in search of capital to expand, a biotech in need of cash to advance their drugs through clinical development, or a portfolio company with investors looking to exit, you have choices. To determine what's best for your business and figure out how to choose an exit strategy, read on. Business Exit Strategy Types There are three common exit strategies available for private companies: an initial public offering or IPO, a direct listing, and a reverse merger with SPAC, commonly known as de-SPAC.
Spinal and Orthopedic Company Steps Into iXBRL with ActiveDisclosure A medical device company that provides reconstructive and regenerative orthopedic and spine solutions makes the shift to iXBRL with ActiveDisclosure and discovers ease and efficiency.The company was already using ActiveDisclosure for financial reporting, so naturally, they turned to DFIN when it came to making the shift to iXBRL. With guidance from the industry’s largest team of iXBRL and SEC experts—and a technology platform already optimized for iXBRL— the move to iXBRL was simple.Seamless transition
Pitch Perfect: Why a Powerful Brand Story is Essential for IPO Success Scott Pinkner has assisted with many IPOs over his career. As a managing director at DFIN, he and his team of experts have helped many firms navigate their transition from private to public companies.