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Making data AI-ready with XBRL

November 7, 2025

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.

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IOSCO champions machine-readable disclosure for listed companies

November 7, 2025

IOSCO champions machine-readable disclosure for listed companies. Earlier this week the International Organization of Securities Commissions (IOSCO) released its report ‘Recommendations for Secondary Market Disclosure,’ which offers guidance for jurisdictions reviewing or creating disclosure regimes for listed entities.

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Wake-up call in the Netherlands as mandatory SBR filing (almost) arrives

November 7, 2025

At last week’s SBR50 event in the Netherlands, the reality of upcoming digital reporting requirements hit home for many accountants. With the Standard Business Reporting (SBR) mandate taking effect on 1 January 2026, firms are waking up to the fact that all legal entities must file digitally – and soon.

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Audit alert down under

November 7, 2025

The Australian Securities and Investments Commission (ASIC) recently published its annual review, identifying significant weaknesses in financial reporting and audit quality.

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When AI meets XBRL, sustainability gets smarter

November 7, 2025

What happens when artificial intelligence meets digital sustainability reporting? The latest collaboration between OpenEarth Foundation and XBRL International offers a glimpse into that intersection. Together, we explored how AI can interpret XBRL-tagged sustainability data, enhancing the way information is analysed, compared and turned into insight.

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Global passport for sustainability disclosures to unlock comparability across borders

November 7, 2025

At last week’s IFRS Sustainability Symposium in London the International Sustainability Standards Board (ISSB) launched a new scheme designed to unlock its global vision.

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EBA sharpens digital reporting tools

November 7, 2025

This week the European Banking Authority (EBA) released important updates to three of its digital tools – the Mapping Tool, Signposting Tool, and Time Traveller platform – ensuring alignment with the latest Pillar 3 and supervisory reporting requirements.

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Georgia takes next steps towards XBRL implementation

November 3, 2025

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.

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Accountancy Europe urges rigour and global alignment in ESRS

November 3, 2025

Accountancy Europe has thrown its support behind the newly simplified European Sustainability Reporting Standards (ESRS), praising EFRAG’s efforts to streamline the framework. In its response, the federation applauds the shift towards clearer, less granular requirements, describing the draft as a more practical and navigable set of sustainability rules.

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FASB seeks comments on meta model taxonomy

November 3, 2025

The Financial Accounting Standards Board (FASB) Taxonomy team has shared proposed updates to its 2026 Meta Model Relationships Taxonomy, inviting public feedback. The draft, released in late October, outlines refinements made since the 2025 version and is open for comment until 1 December 2025.

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