Last week, the Bangladesh Securities and Exchange Commission (BSEC) brought together regulators, auditors, exchanges and company leaders to chart the path towards digital financial reporting with Inline XBRL (iXBRL).
The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) recently held a joint roundtable to discuss opportunities for closer regulatory harmonisation.
The European Banking Authority (EBA) has launched its latest EU-wide Transparency Exercise, designed to enhance transparency and market discipline by providing consistent and comparable information on more than 100 of the largest EU banks.
The US Financial Accounting Standards Board (FASB) has published proposed technical and other conforming improvements for the 2026 US GAAP Financial Reporting Taxonomy. These updates aim to ensure the taxonomy remains up to date with changes in accounting standards and technical reporting needs.
SRC Digital Insurance Services has launched a research initiative to explore whether artificial intelligence can reliably convert US Department of Transportation (DOT) “Application for Payment” PDF reports into XBRL data.
One of the big possibilities we’ve been talking about as the AI revolution unfolds is the prospect of interacting with XBRL data – and getting accurate, decision-useful insights – using AI chatbots, without the need for in-depth technical analytics skills. That future is already here.
XBRL US has submitted its response to EFRAG’s consultation on the amended European Sustainability Reporting Standards (ESRS).
The International Accounting Standards Board (IASB) has released a series of webcasts to help small and medium-sized enterprises (SMEs) apply the recently updated IFRS for SMEs Accounting Standard. The third edition of the Standard, published in February 2025, is effective for reporting periods beginning on or after 1 January 2027, with early application permitted.
The US Financial Accounting Standards Board (FASB) recently released proposed improvements to the US GAAP Financial Reporting Taxonomy in connection with a new Accounting Standards Update (ASU). The ASU addresses the initial measurement of paid-in-kind dividends on equity-classified preferred stock, aiming to clarify how issuers should recognise these transactions.
EFRAG has published two new reports mapping digital tools, platforms and initiatives designed to support application of the EU’s Voluntary Sustainability Reporting Standard for SMEs (VSME). The first provides a comparison of greenhouse gas (GHG) calculators, while the second surveys more than 200 reporting platforms and initiatives across Europe.
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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.
