Korea publishes XBRL guidelines to enhance reporting accuracy
On 20 January, the Financial Supervisory Service (FSS) in Korea introduced a new guide designed to elevate the accuracy and consistency of financial reporting using XBRL. Borrowing from a number of global best practices, this comprehensive resource aims to set a new benchmark for XBRL preparation in Korea.
This initiative is part of the FSS’s broader push to elevate the quality of financial reporting across Korea’s listed companies. By doubling down on quality inspections, offering hands-on training for preparers, and working closely with international regulators, the FSS is helping Korea’s financial data speak with clarity and precision on the global stage.
At XBRL International, we know that high-quality implementation is more than a checkbox—it’s a catalyst. Done right, it builds trust, sharpens insights, and enables markets to make smarter decisions. Quality reporting helps companies to tell their financial story with confidence, backed by data stakeholders can rely on.
For the full details, read the announcement here.
