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I still don’t understand why companies don’t release a machine-readable version of their finance statements. They are read by machines anyway! Export those data
by sinuhe69 2y ago
I still don’t understand why companies don’t release a machine-readable version of their finance statements. They are read by machines anyway! Export those data from their software is a simple task.
- nabla9 2y agoIn EU European Securities and Markets Authority (ESMA) mandated machine readable standard from 2020. In the US Financial Data Transparency Act of 2022 (FDTA) made similar push and SEC is working towards it.
- mistrial9 2y agomaybe related to why large banks can reply to requests for written records with low-quality photocopies