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New processing software certified

April 7, 2024

We’re delighted to announce that the IRIS validating processor software Bushcraft has been updated and passed the software certification requirements to deal with xBRL-CSV and xBRL-JSON, as well as more traditional xBRL-XML formatted reports that it already encompassed. Please here for more details.

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XBRL Europe elects a new chair

April 7, 2024

XBRL Europe announced the election this week of Thomas Verdin as the new Chair of the organisation and we offer our hearty congratulations. With two decades of dedicated service to the XBRL community, Verdin brings a wealth of experience and a fresh perspective to his new role.

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Good AI requires good data

April 7, 2024

Or at least that’s the message from a recent Forbes article written by Kevin Campell, CEO at Syniti. In an era of digital transformation, organisations worldwide are recognising the pivotal role of data in driving innovation and achieving business success.

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ECB calls for integration in risk data aggregation and reporting

March 29, 2024

A recent blog by Elizabeth McCaul, Member of the Supervisory Board of the European Central Bank (ECB), highlighted the ECB’s focus on enhancing supervisory effectiveness in risk data aggregation and reporting (RDARR).

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IFRS Foundation releases 2024 taxonomy

March 29, 2024

The IFRS Foundation has published the 2024 IFRS Accounting Taxonomy, facilitating the digital reporting of financial information aligned with IFRS Accounting Standards. This release enables companies to efficiently tag disclosures, enhancing accessibility for investors.

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FRC launches market study on UK sustainability assurance market

March 29, 2024

The Financial Reporting Council (FRC) has launched a survey of the UK market for sustainability assurance services. This initial study aims to ensure the efficient functioning of the rapidly expanding market and to enhance the quality of assurance provided over companies’ sustainability reporting.

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EFRAG, KSSB, and FSC representatives meet to discuss sustainability reporting standards

March 29, 2024

Amid global moves to adopt sustainability reporting standards, EFRAG recently welcomed delegates from the Korea Sustainability Standards Board (KSSB) and the Korean Financial Services Commission (FSC) in Brussels to discuss developments in sustainability reporting.

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Chair Gary Gensler reflects on the case for mandatory disclosure

March 29, 2024

In a recent address at Columbia Law School US Securities and Exchange Commission (SEC) Chair Gary Gensler delivered a defense of mandatory disclosure. Gensler’s remarks paid homage to Jack Coffee’s seminal work and underscored the enduring importance of robust disclosure frameworks in modern financial markets.

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New processing software certified

March 29, 2024

We’re delighted to announce that Accept Development’s validating processor software Accept XBRL Validator has passed the strict tests needed to be certified as XBRL Certified Software.

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ESRS taxonomy webinar engages XBRL members

March 29, 2024

This week XBRL International hosted an informative webinar for members, focusing on the draft ESRS taxonomy consultation. The event drew active participation from members keen to delve into the intricacies of ESRS reporting obligations.

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