Daily Fintech Conversations

XBRL: AI against accounting fraud, XBRL in MD&A and the Open Information Model

Originally published at: https://dailyfintech.com/2020/05/14/xbrl-ai-against-accounting-fraud-xbrl-in-mda-and-the-open-information-model/

Here is our pick of the 3 most important XBRL news stories this week. 1 Machine learning against accounting fraud Detecting and preventing accounting fraud is a concern for many policymakers around the world. This column presents a framework that incorporates machine learning techniques to detect and forecast fraudulent behaviour by firms when reporting financial…