A world tour in news
A few highlights from across our global community this year include:
Items tagged with "Taxonomy"
News Item
News Item
FASB issues latest taxonomies
The US Financial Accounting Standards Board (FASB) has published the final 2025 GAAP Financial Reporting Taxonomy (GRT), the 2025 SEC Reporting Taxonomy (SRT), and the 2025 GAAP Employee Benefit Plan Taxonomy (EBPT), pending acceptance by the Securities and Exchange Commission (SEC).
Post
Why Structured Data and Definitions Vastly Outperform Unstructured PDFs in LLM Analysis
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. Large language models like ChatGPT are fascinating. They’re transforming how we understand and interact with data – and I’ve been particularly curious to explore how we can use LLMs […]
News Item
ISSB finalises SASB standards taxonomy update, boosting climate and sustainability disclosures
This week, the International Sustainability Standards Board (ISSB) released its updates to the SASB Standards Taxonomy, integrating recent changes to address the evolving demands of climate and sustainability reporting.
News Item
South Africa takes the lead on digital sustainability disclosures
Issuers in South Africa can now use the IFRS Sustainability Disclosure Taxonomy (also called the ISSB taxonomy) to report sustainability data digitally.
News Item
FASB proposes 2025 taxonomy improvements
The US Financial Accounting Standards Board (FASB) has issued proposed technical improvements to the 2025 US GAAP Financial Reporting Taxonomy, inviting public feedback by 31 October 2024.
News Item
FASB proposes taxonomy updates for hedge accounting and share-based considerations
The US Financial Accounting Standards Board (FASB) has issued proposed updates to the US GAAP Financial Reporting Taxonomy, inviting public comments on two key areas: hedge accounting improvements and clarifications to share-based consideration payable to a customer.
News Item
XBRL Directions webinar dives into taxonomy versioning
On 26 September, we hosted our exclusive member-only webinar, XBRL Directions, focusing on the essentials of managing taxonomy versioning. This 30-minute session was packed with insights on version schemes, planning taxonomy releases, and implementing hot fixes. We also explored how to communicate taxonomy changes effectively to different stakeholders.
News Item
FASB seeks comments on 2025 SEC reporting taxonomy improvements
The Financial Accounting Standards Board (FASB) has published proposed improvements to the 2025 SEC Reporting Taxonomy (SRT), inviting public comment. The proposed changes focus on refining and updating elements in response to evolving industry needs, particularly in the oil and gas sector.
News Item
XBRL CH launches public consultation on new Swiss taxonomy
XBRL CH has announced the launch of a public consultation on the new XBRL CH Taxonomy, designed to meet the financial reporting needs of Swiss companies under the Swiss Code of Obligations (OR).
Tags
AI
Analysis
Audit
Banking
Climate
Data
Digitisation
Disclosure
EBA
EFRAG
EIOPA
ESEF
ESG
ESMA
ESRS
EU
Europe
FASB
fintech
FRC
Guidance
IASB
IFRS
Implementation
India
Inline XBRL
ISSB
iXBRL
LEI
Non-Financial
Regulation
Reporting
SEC
Software
Spec
Standards
Sustainability
Taxonomy
Transparency
UK
United States
US
XBRL
XBRL US
XII News
