For a quick refresh on the transformative power of XBRL and the need for open data, it’s worth taking a look at a recent video from Rachel Carpenter, CEO of Intrinio. Carpenter highlights the staggering potential cost savings of structured financial data with XBRL.
The US Securities and Exchange Commission (SEC) has green-lit the 2024 GAAP Financial Reporting Taxonomy (GRT) and the 2024 SEC Reporting Taxonomy (SRT), collectively known as the “GAAP Taxonomy.”
On 18 March the US Securities and Exchange Commission (SEC) Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system underwent an upgrade to Release 24.1, now supporting the 2024 taxonomies.
The Canadian Sustainability Standards Board (CSSB) has unveiled proposed standards aligned with the International Financial Reporting Standards (IFRS) Foundation’s International Sustainability Standards Board (ISSB).
This week we published a new technical FAQ document aimed at software developers who are working with XBRL Report Packages.
A recent report by Forrester reveals that data quality is now the primary factor limiting the adoption of generative artificial intelligence (GenAI) across industries. Since the emergence of GenAI, particularly with the release of ChatGPT in 2022, businesses have been eager to explore its potential for various use cases.
Investors in Europe are facing significant hurdles in managing environmental, social, and governance (ESG) data, according to a recent survey from Bloomberg. The European ESG Data Trends Survey 2024, drawing responses from over 200 financial market participants across major European cities, underscores challenges surrounding ESG data coverage, quality and volume.
The Agenzia per l’Italia Digitale (Agency for Digital Italy) recently published XBRL taxonomies for the submission of financial statements by smaller mutual guarantee institutions, or Confidi minori.
In a recent meeting held in Madrid, Spain, the IFRS Foundation Monitoring Board reaffirmed the crucial role of ongoing oversight in governing the standard-setting activities of the IFRS Foundation.
In a bid to enhance transparency and accessibility for retail investors, in 2022 the US Securities and Exchange Commission (SEC) introduced rules on tailored shareholder reports for open-end funds.
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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.
