What do companies and investors want from digital reporting?

As part of its project on future digital reporting, the Financial Reporting Lab has published a report on the characteristics that preparers, investors and others would like from a digitally-enabled system of corporate reporting. These include compatibility with current reporting systems, ease of production, timeliness, accessibility, the ability to support the compliant distribution and storage of regulated information, usability and searchability.

In the next phase of the project, the Lab will assess the extent to which technologies such as virtual reality, augmented reality, blockchain, XBRL, video, and other digital media fit the framework.