Mazars CEE webinar | ESEF Reporting: Easily produce a compliant and ”glossy” iXBRL AFR

The Transparency Directive imposes on European companies listed on regulated markets a Single Electronic Reporting Format (ESEF). It consists in publishing the Annual Financial Report in xHTML format, and for groups, consolidated IFRS financial statements also need to be accompanied by a markup language (xBRL) in line with the ESEF taxonomy published by ESMA, for the financial years starting January 1, 2020.

Much more than ensuring compliance for the publication format of the annual financial report, this new regulation is an opportunity to rethink your process of preparing and communicating financial information and fits naturally into the overall transformation project of the financial departments.

During the webinar, together with our partner Invoke, our experts approached the following topics:

An introduction to ESMA’s ESEF requirements;
Understanding the key challenges and the new reporting process;
The New Single Source of Truth Annual Financial Report: European Regulatory Standpoint & Auditors View;

The event was an opportunity to find out Mazars and Invoke proposition to comply with ESEF and also have access to live hands-on demonstration.

Speakers:

Răzvan Butucaru, Partner, Financial Services & Advisory Leader, Mazars
Otto Strasszer, Senior Manager, Financial Services, Mazars
Andrei Sestovschi, Head of Sales, Invoke Software Ltd.

^{The webinar took place on 19th November 2020.}

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