Making data AI-ready with XBRL
Over the summer, the Open Data Institute (ODI) released a new framework outlining what makes data truly AI-ready. It boils down to three pillars: the quality of the data itself, rich metadata, and robust infrastructure. And the good news: XBRL already has most of these requirements embedded in its capabilities and ecosystem practices.
Georgia takes next steps towards XBRL implementation
The Service for Accounting, Reporting and Auditing Supervision (SARAS) of Georgia officially kicked off its XBRL implementation journey with a week of in-depth workshops held earlier this month.
XBRL Powers Transparency Across India’s Capital Markets
India’s capital markets are confidently working in the digital age. Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are expanding their use of XBRL for company disclosures. It’s a quiet but transformative shift that is strengthening transparency, data quality, information provider and investor access.
Bangladesh sets sights on digital reporting reform
Digital transformation is officially on the agenda in Bangladesh’s capital markets. A key step towards modernising financial oversight, the Bangladesh Securities and Exchange Commission (BSEC) recently announced plans to implement structured, digital reporting – with all the associated benefits for transparency, accountability, and data access.
XBRL means faster, cheaper analysis of sustainability disclosures, but few are ready to take advantage
Sustainability reporting is at a crossroads. Countries around the world are adopting sustainability and climate reporting standards, but most of that information is trapped in PDFs. That means slower, more expensive analysis, and a missed opportunity to harness the full power of growing volumes of sustainability data.
