Kuwait’s Cabinet has reviewed “Qayd”, a new national system for electronic financial reporting, presented by the Minister of Commerce and Industry, Khalifa Al-Ajeel.
A recent experiment by the Finnish Patent and Registration Office (PRH) has demonstrated the real-world potential of open XBRL data to generate financial analytics without manual effort or deep technical know-how.
On 1 January 2026, Bulgaria officially adopted the euro, becoming the 21st member of the euro area. As you would expect, XBRL International has updated the Country and Currency Taxonomy to reflect this significant change.
XBRL elevates business reporting from chore to value-add. It’s the vital digital infrastructure that unlocks investor-grade insight, boosts AI performance and enables increasingly interconnected global business. Find out what it’s all about in our new video.
Across 2025, a steady stream of implementation stories showed XBRL gaining ground as regulators and governments push for more reliable, machine-readable reporting. From Europe to South Asia, the year’s updates point to a clear direction of travel: digital-by-default filing, stronger validation, and wider coverage across sectors.
What does a modern, robust, and efficient XBRL data collection platform look like? The Best Practices Board at XBRL International has just released new draft guidance that answers exactly that. From first submission to final analysis, it lays out the essential features, workflows and design considerations needed to build secure, scalable and high-quality reporting systems.
Throughout 2025, XBRL International has continued to strengthen our technical foundations through a series of targeted specification updates and practical guidance releases.
AI might grab the spotlight, but data runs the show. Without structure, even the most advanced models are guessing rather than learning. Canon’s Norihiro (Nick) Katagiri made that point clearly in a recent iTNews Asia interview, reminding businesses that successful AI depends on solid, well-organised data from the start.
Last week, the Bangladesh Securities and Exchange Commission (BSEC) brought together regulators, auditors, exchanges and company leaders to chart the path towards digital financial reporting with Inline XBRL (iXBRL).
From 1 November 2025, all Ukrainian companies preparing financial statements under international standards will report exclusively in XBRL.
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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.
