The International Sustainability Standards Board (ISSB) has opened a consultation on the first proposed update to its digital sustainability taxonomy, the XBRL tagging framework that lets companies mark up disclosures prepared under ISSB Standards for machine analysis.
EFRAG has released an interactive version of the revised European Sustainability Reporting Standards (ESRS) and Voluntary Standard on its ESRS Knowledge Hub this week.
The US Federal Energy Regulation Commission (FERC) has proposed updates to several of its financial forms used for annual and quarterly reporting, bringing them into line with digital reporting practice.
While much of the debate around the EU’s sustainability reporting overhaul has focused on reducing reporting burdens, a parallel story is unfolding around digitisation. Presenting at XBRL Europe’s Digital Reporting in Europe on 28 May, Richard Bössen outlined EFRAG’s growing focus on digital implementation, interoperability and machine-readable ESG data.
A new blog from the Global Legal Entity Identifier Foundation (GLEIF) tackles a fundamental question for the digital reporting world: when a document is digital, how do you know if you can trust it?
The Financial Reporting Council (FRC) has set out the direction of travel for the next phase of the UK’s digital reporting infrastructure, publishing a feedback statement on proposed technical changes to the UK and Irish Digital Reporting Taxonomy Suite.
The UK’s Financial Reporting Council (FRC) has announced a series of digital reporting education events and hackathons taking place across the UK this spring. Running in March and May, the programme combines half-day outreach sessions with hands-on hackathons, aimed at preparers, auditors, regulators, analysts and data users who want a clearer view of how digital […]
Chartered Accountants Australia and New Zealand (CA ANZ) has released a compelling new report highlighting the need for mandatory digital reporting in Australia. While other major economies have moved to structured, machine-readable financial disclosures, Australia still relies on PDFs—leaving investors with limited access to consistent, usable data.
The use of XBRL in Australia is currently voluntary, but that might be set to change. Chartered Accountants Australia and New Zealand (CA ANZ) has called on the government to mandate digital financial reporting for listed companies, arguing that structured, machine-readable data would improve efficiency and align Australia with global best practices.
Earlier this month the Digital Signatures – or D6 – working group released the Digital Signatures in XBRL 1.0 specification as a Candidate Recommendation, an important step towards improved security in financial reporting.
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