Custom tags decline: a subtle but significant signal from US GAAP filers
When the SEC first mandated XBRL tagging over a decade ago, it marked the beginning of a data-driven revolution in corporate disclosure.
What’s next for digital reporting in Europe?
At yesterday’s XBRL Europe day, part of this week’s Digital Reporting in Europe event, Eduardo-Javier Moral Prieto provided an update on ESMA’s work on the implementation of the next stage of digital reporting in Europe.
EFRAG makes sustainability reporting easier for SMEs
Earlier this week the European Financial Reporting Advisory Group (EFRAG) launched an exemplar digital toolkit that’s tailor-made for small businesses: an Excel-based VSME Digital Template, a new XBRL taxonomy, and a handy open source converter to make it all machine-friendly.
China accelerates e-invoicing with XBRL-based electronic voucher standards
China’s Ministry of Finance, alongside eight government departments, recently launched a nationwide push for standardised electronic voucher accounting data.
Commission signals ‘quick fix’ relief for wave 1 ESRS reporters
At a Legal Affairs Committee hearing of the European Parliament on Tuesday 13 May 2025, we understand that the European Commission announced that a ‘quick fix’ delegated act is on the way for large companies that have filed their sustainability disclosures in 2025.
