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Items tagged with "IFRS"

IASB proposes second taxonomy update of 2026

The International Accounting Standards Board (IASB) has opened consultation on its second proposed update to the IFRS Accounting Taxonomy 2025, with comments welcome until 14 September 2026.

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IFRS Foundation Consults on Improvements to the Accounting Taxonomy

The IFRS Foundation is seeking comments on a proposed update to the IFRS Accounting Taxonomy 2025 that would rationalise how narrative elements are structured and labelled. The deadline for comment is 7 September 2026.

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IASB proposes narrow amendment to IFRS for SMEs standard.

IASB proposes narrow amendment to IFRS for SMEs standard.

The International Accounting Standards Board (IASB) recently published an Exposure Draft proposing a small, practical change to the IFRS for SMEs Accounting Standard.

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IFRS Foundation updates rulebook for standard setting

The IFRS Foundation has published a revised version of its Due Process Handbook, the document that governs how the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB) develop, consult on and maintain their standards.

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Can AI track how corporate narratives change? 

Can AI track how corporate narratives change? 

What if you could instantly see how a company’s story has changed from one year to the next? The final installment in our blog series on large language models (LLMs) and narrative disclosures explores exactly that question, showing how LLMs can be combined with structured XBRL data to compare narrative disclosures across reporting periods.

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Qatar proposes a shift to XBRL for audited financial statements

Qatar proposes a shift to XBRL for audited financial statements

Qatar’s General Tax Authority (GTA) is expected to introduce XBRL-based reporting for audited financial statements as part of its annual tax filing process, according to a January 2026 update from PwC.

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China moves closer to IFRS-aligned climate disclosures

In late December, the Chinese Ministry of Finance (MoF) quietly took a big step in the global climate reporting race, issuing Corporate Sustainability Disclosure Standard No. 1, Climate (Trial), a framework it says is generally aligned with IFRS S2 Climate-related Disclosures.

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Malaysia offers sector-specific ESG reporting guidance

Malaysia’s Advisory Committee on Sustainability Reporting (ACSR) recently published illustrative sustainability reports for the plantation and construction sectors.

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From digital to intelligent reporting with AI and XBRL.

From digital to intelligent reporting with AI and XBRL

Dr Maria Mora, Head of Innovation & Digital Strategy at Fujitsu Spain and a member of XBRL International’s Board of Directors, offered a compelling takeaway from this week’s IFRS Taxonomy Consultative Group (ITCG) meeting in London: the era of intelligent reporting is here, and XBRL is its foundation.

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New webcasts support third edition of IFRS for SMEs

The International Accounting Standards Board (IASB) has released a series of webcasts to help small and medium-sized enterprises (SMEs) apply the recently updated IFRS for SMEs Accounting Standard. The third edition of the Standard, published in February 2025, is effective for reporting periods beginning on or after 1 January 2027, with early application permitted.

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