The same applies to completely new areas for which there was previously no systematic collection of data. The advantages of XBRL as the lingua franca for exchanging financial information is obvious. Data structures based on defined, uniform procedures allow information to be transmitted in a more efficient manner that is less prone to errors, and subsequently processed and evaluated.
Neither less, nor more – but better: Reforms are needed Brexit shows that less integration is not the solution to the root causes of our economic problems. But a simple case of more integration is not a solution either. One thing should be put first: The EU appears stronger today than it did a year ago.