Our review of 2024: three major sustainability taxonomies, AI’s move to centre stage, and why the big endeavours ahead make structured data essential.
In this week’s stop-press news, we’ve just published new draft guidance on designing an effective XBRL data collection and processing platform.
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:
This article by XBRL International Guidance Manager Revathy Ramanan is based on her presentation at Data Amplified 2024. You can also watch the original video here. Large language models like ChatGPT are fascinating. They’re transforming how we understand and interact with data – and I’ve been particularly curious to explore how we can use LLMs […]
We’re back after an amazing three days in Madrid at Data Amplified 2024. We enjoyed an incredible range of fresh ideas, updates and discussions.
On 17 October 2024, the Financial Stability Board (FSB) launched a consultation on its new Format for Incident Reporting Exchange (FIRE).
The Global Reporting Initiative (GRI) recently launched a public consultation for its new GRI Sustainability Taxonomy draft, open until 11 August. To delve deeper into this initiative, XBRL International recently spoke to Piers Horner, who led the development of the taxonomy:
This week the Global Reporting Initiative (GRI) launched a public consultation for its new GRI Sustainability Taxonomy draft, which will be open until 11 August 2024. This initiative aims to gather feedback from XBRL experts and sustainability specialists on the design of the new taxonomy.
The New Zealand External Reporting Board (XRB) recently published a position paper, outlining the many benefits of digital financial reporting and highlighting its widespread adoption among New Zealand’s trading partners.
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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.
