A new study from the University of Kansas has found that having employees who can tell their SQL from their CTRL+Zs dramatically boosts the relevance and timeliness of financial reporting.
The European Commission has adopted the final technical rulebooks for the European Single Access Point (ESAP), setting the operational framework ahead of its phased rollout starting in 2026.
The new XBRL 2.1 conformance suite is now available, supporting the continued robustness and interoperability of XBRL implementations. This update ensures that software tools align with the base specification and behave consistently across different reporting scenarios.
Last week the California Air Resources Board (CARB) released a FAQ document providing (a few) clarifications on the development of its Corporate Greenhouse Gas Reporting and Climate-Related Financial Risk Disclosure programmes. The guidance is designed to help companies prepare for the first climate-related financial risk disclosures, due by 1 January 2026.
Following its release of detailed FAQs on climate reporting rules, the California Air Resources Board (CARB) has made it clear that deadlines under the state’s landmark climate disclosure laws (SB 253 and SB 261) are here to stay.
Too many AI tools analysing company financials are working with messy PDFs and unstructured text, leading to hallucinations and errors that could cost millions. Meanwhile, there’s a goldmine of clean, structured financial data sitting in XBRL filings that AI systems have (too often) been ignoring.
XBRL International recently hosted a fast-paced 30-minute webinar diving into Calculations 1.1, the latest upgrade to XBRL’s calculation rules. If you missed it, no worries: the recording is now available.
The European Commission has adopted a “quick fix” to the European Sustainability Reporting Standards (ESRS), aimed at reducing immediate pressures on wave one companies, meaning those already subject to corporate sustainability reporting for financial year 2024 onwards.
At the recent G20 meeting in Durban, new Financial Stability Board (FSB) Chair Andrew Bailey laid out his strategic vision, backed by a fresh update to the Roadmap for Addressing Climate-related Financial Risks.
The UK is set to close a major digital gap in financial reporting. From 1 April 2027, all private and public company accounts must be filed via commercial software, under new measures introduced by the Economic Crime and Corporate Transparency Act.
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