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.
Europe’s biggest banks are now speaking XBRL when it comes to Pillar 3 disclosures. If you’re listed on a regulated market in the EEA, your prudential data is no longer a PDF that gathers dust.
If you’re reading this, you probably don’t think of digital reporting as just more annoying paperwork. But a few people do – and their objections could conceivably limit digital progress in Europe.
Australian and New Zealand securities regulators have been slow to embrace digital reporting, but the excuses are wearing thin.
Europe risks losing ground. Digital reporting isn’t “extra paperwork” — it’s the digital key to corporate transparency, enabling information to be discovered, compared, and trusted at scale. Inline XBRL (iXBRL) can be read directly by people, yet also reliably processed by machines. It’s the modern starting point for trusted corporate data. Many jurisdictions have already […]
This guest opinion piece is from Janis Steinman. Janis is the Head of XBRL at Lucanet, a leading software house that provides CFO Solution Platforms to enterprises across the world. He is also the Chair of XBRL International’s Best Practices Board. Janis has collaborated in developing this article with José Antonio Huizar Moreno, the CEO […]
China’s Ministry of Finance, alongside eight government departments, recently launched a nationwide push for standardised electronic voucher accounting data.
In May 2025, the UK’s Financial Reporting Council (FRC) published its Feedback Statement on “Opportunities for Future UK Digital Reporting,” summarising responses to its consultation that closed in November 2024.
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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.
