What is XBRL?
XBRL elevates business reporting from chore to value-add. It’s the vital digital infrastructure that unlocks investor-grade insight, boosts AI performance and enables increasingly interconnected global business. Find out what it’s all about in our new video.
When narrative disclosures become data
This week, XBRL International’s Revathy Ramanan kicks off a new blog series exploring how Large Language Models (LLMs) can be used to analyse narrative disclosures in structured reports using XBRL data.
Australia calls time on financial reporting’s paper trail?
Australia’s Productivity Commission has issued a wake-up call: it’s time to leave PDFs behind. In its final report on Harnessing Data and Digital Technology, released late last year, the Commission recommends making iXBRL based digital financial reporting mandatory for disclosing entities.
Setting the direction for the future of XBRL taxonomies
This week, XBRL International moved the Open Information Model (OIM) from concept towards implementation with the publication of XBRL Taxonomy Model Requirements 1.0, a first, structured statement of what an OIM-based taxonomy model must deliver.
EU Omnibus deal softens CSRD rollback, but still shrinks the field
The European Parliament Legal Affairs Committee and the Council have now struck a provisional Omnibus I deal that again rewrites the scope of EU sustainability reporting and due diligence rules.
