Korea rebuilds its XBRL taxonomy for IFRS 18 and opens up notes data
South Korea’s Financial Supervisory Service (FSS) is reorganising its XBRL taxonomy and expanding Open DART, the open-data service attached to its Data Analysis, Retrieval and Transfer System (DART), to make disclosures easier for investors to analyse and reuse.
Why AI raises the stakes for auditors
As artificial intelligence (AI) takes on a larger role in preparing and analysing company information, the need for human judgement, professional scepticism and quality-assured data grows with it.
Interoperable in theory, approximate in practice
Sustainability standards are converging, but the data they produce still doesn’t line up. That is the case made by ‘Lost in Translation’, a new report from the Future of Sustainable Data Alliance (FoSDA), whose members include Bloomberg, LSEG, MSCI and S&P Global.
Revised ESRS become law
The revised European Sustainability Reporting Standards (ESRS) have been published in the Official Journal of the European Union, completing their passage into EU law. The regulation enters into force on 10 November 2026 and applies to financial years beginning on or after 1 January 2027, in all EU Member States.
UK modernising corporate reporting
The UK government has opened a wide-ranging consultation on modernising corporate reporting, with the future of structured reporting a central topic within proposed simplification efforts.
