The CFA Institute is taking an increasingly higher profile stance on the value of structured data, hosting events with XBRL US and XBRL France and taking action on consultations such as this one. This is a reflection of the growing amount of XBRL data around the world and the increasing benefits of using it for […]
In a move that could presage new careers for wordsmiths everywhere, it is becoming increasingly possible to use bots to create text copy based on underlying structured data. This has all sorts of implications. Wired Magazine conducted one test of this emerging technology by having Wordsmith, an automated news-writing bot, create an obituary for noted […]
The European Securities and Markets Authority has published the responses it has received to its consultation on a single electronic format (ESEF) for financial statement filings.
The Financial Stability Board has launched an an initiative to create climate-related financial risk disclosures for use by companies in providing information to lenders, insurers, investors, regulators and other stakeholders.
A few weeks ago, we talked about blockchain in the the context of “Smart Contracts”. These kinds of innovations simply won’t work without the support of structured data. This week, we noticed an opinion piece in TechCrunch Online that has some interesting things to say about the uptake of blockchain technology in the finance sector. […]
The Colegio de Registradores (Association of Spanish Business Registrars) work with the Banco de España to provide a standardised bank credit score to SMEs. The score is based on XBRL company filings from the business registrar combined with benchmark data from across the EU.
Listen to XBRL Board Chair Cees de Boer provide some key insight into the benefits of structured data for internal reporting during a sit down interview at Business Reporting 360 in Copenhagen. He also touches on SBR and the importance of accountability and transparency in business information. Watch the interview.
Why your feedback on new Specification development is so important.
XII CEO John Turner spoke about the potential for XBRL to contribute to the Digital India Initiative with leading national newspaper, the Business Standard during his recent visit there to address the XBRL Asia Roundtable and the India XBRL National Conference.
XBRL and structured data reporting is just one of the many ways that accounting professionals have had to adapt their approach to data. A new report from the IMA and ACCA – two global accounting professional organisations – examines current and future trends in issues such as data management, governance and the data lifecycle. Read the report.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
