The US Financial Accounting Standards Board (FASB) has published proposed technical and other conforming improvements for the 2026 US GAAP Financial Reporting Taxonomy. These updates aim to ensure the taxonomy remains up to date with changes in accounting standards and technical reporting needs.
SRC Digital Insurance Services has launched a research initiative to explore whether artificial intelligence can reliably convert US Department of Transportation (DOT) “Application for Payment” PDF reports into XBRL data.
The US Financial Accounting Standards Board (FASB) recently released proposed improvements to the US GAAP Financial Reporting Taxonomy in connection with a new Accounting Standards Update (ASU). The ASU addresses the initial measurement of paid-in-kind dividends on equity-classified preferred stock, aiming to clarify how issuers should recognise these transactions.
The Financial Reporting Council (FRC) has kicked off consultation on its draft 2026 Taxonomy Suite, inviting public feedback until 10 September 2025. As ever, the devil is in the details, and there’s plenty to dive into here.
Earlier this month the European Commission adopted a package of simplifications to the EU ESG Taxonomy framework, designed to cut red tape and reduce administrative burden on companies.
How can large language models (LLMs) improve the way we work with XBRL taxonomies? In her latest blog, XBRL International Guidance Manager Revathy Ramanan explores how AI-powered tools can support taxonomy authors and software vendors, improving taxonomy quality, clarity, and usability.
This article by XBRL International Guidance Manager Revathy Ramanan is based on her presentation at Data Amplified 2024. You can also watch the original video here. In previous blogs, I’ve explored how we can leverage large language models (LLMs) like ChatGPT to significantly facilitate and enhance the analysis of XBRL reports, including both numeric data and […]
The US Securities and Exchange Commission (SEC) has announced amendments to the EDGAR Filer Manual, set to take effect on 30 January following the deployment of EDGAR Release 24.4 on 16 December last year.
The Financial Accounting Standards Board (FASB) has released a proposed Accounting Standards Update (ASU) as part of its ongoing effort to enhance the FASB Accounting Standards Codification®. Published last week, the proposal aims to make targeted, incremental improvements to US Generally Accepted Accounting Principles (GAAP).
Taxonomy development can feel like a daunting task, but it doesn’t have to be. Last week, the team at XBRL International hosted a 30-minute webinar to share practical insights and guidance on getting it right.
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