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2024 in review: taxonomies, AI and the central importance of structured data

December 20, 2024

Our review of 2024: three major sustainability taxonomies, AI’s move to centre stage, and why the big endeavours ahead make structured data essential.

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Why structured data leaves PDFs far behind in AI analysis – and the power of XBRL taxonomies

December 20, 2024

Large language models (LLMs) like ChatGPT are transforming the way people work across the globe – and we’re all keen to know what they can do with XBRL reports.

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AI impact and a bridge to the future: keynote reflections from Joe Atkinson

December 20, 2024

The turn of the year is a great time to look both back and ahead and that makes it a great time to report in more detail on the keynote speech by Joe Atkinson, Global Chief AI Officer at PwC, at Data Amplified 2024.

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Latest guidance: data-collection design and more

December 20, 2024

In this week’s stop-press news, we’ve just published new draft guidance on designing an effective XBRL data collection and processing platform.

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A year of advances: new and improved XBRL specifications

December 20, 2024

We continue to manage, improve and modernise the XBRL standard to ensure that it is fit for purpose as the world’s standard for digital data exchange. Key developments in 2024 included:

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A world tour in news

December 20, 2024

A few highlights from across our global community this year include:

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XSB end-of-year treats

December 20, 2024

One for all our technical readers. Just in time for the last newsletter of the year, please do have a look at the updates approved by the XBRL Standards Board on Tuesday and now published:

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FASB issues latest taxonomies

December 20, 2024

The US Financial Accounting Standards Board (FASB) has published the final 2025 GAAP Financial Reporting Taxonomy (GRT), the 2025 SEC Reporting Taxonomy (SRT), and the 2025 GAAP Employee Benefit Plan Taxonomy (EBPT), pending acceptance by the Securities and Exchange Commission (SEC).

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Software certification news

December 20, 2024

We’re delighted to announce that we’re ending the year with two new software certifications.

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EU dashboard

EU finalises public CbCR with structured data taking centre stage

December 8, 2024

After years of debate and development, the European Commission has taken the next major step in public country-by-country reporting (CbCR).

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