The XBRL US Data Quality Committee (DQC) has approved, finalized, and published its 6th ruleset which includes validation checks for filings prepared using the US GAAP Financial Reporting Taxonomy and the IFRS Taxonomy. DQC rules and guidance are designed to be used by issuers to identify and correct errors in their SEC filings. The DQC, […]
The UK’s Financial Reporting Council Lab has sent out a call for those working on the potential uses of Artificial Intelligence for the production and consumption of corporate reporting to participate in the next phase of the Digital Future project. The Lab’s innovative Digital Future project is an initiative to investigate the impact of technology […]
On October 19th, Stefan Hunt, Head of Behavioural Economics and Data Science at the UK Financial Conduct Authority (FCA), delivered a speech about the power of machine learning and artificial intelligence (AI) for regulators. Mr. Hunt’s speech was part of the October instalment of the Beesley Lectures that have drawn high-profile leaders to deliver expert […]
Making news around the world this week was the UK’s Information Commissioner Office (ICO) ruling on a contract between Alphabet’s DeepMind and one of the UK National Health Service regional trusts. Part of a trial to determine the utility of artificial intelligence in the delivery of medical services, the DeepMind system uses a mobile app […]
Like many public sector agencies, the Japanese National Tax Authority faces an increased work load, while at the same time experiencing diminished operating budgets. Working smarter is the only realistic option for many government agencies. At the NTA, the routine use of Artificial Intelligence is a key part of its response to the situation. In […]
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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.
