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.
Colombo Stock Exchange (CSE) recently formalised the first step in XBRL implementation, following an earlier announcement that Sri Lanka’s listed companies will begin reporting interim financial results in XBRL from 2026.
The exciting potential of using Large Language Models (LLMs) to analyse financial data, especially structured data like XBRL reports, is becoming increasingly apparent. Imagine asking an LLM to summarise key financial insights directly from an XBRL document – this is the kind of experiment many are eager to begin. However, those embarking on this venture […]
This is an article by Donato Calace (SVP of Innovation and Accounts at Datamaran), in collaboration with John Turner (CEO at XBRL International) and Jérôme Basdevant (CTO and co-founder at Datamaran). It was originally published by Datamaran here, and is republished by their kind permission. As corporate sustainability reporting requirements have evolved, digital tagging and […]
There’s a myth doing the rounds: that in the era of AI, we no longer need structured data. That somehow, large language models can read a few PDFs and spit out perfect insights. It’s a nice idea—but it’s dangerously wrong.
Earlier this month, the European Insurance and Occupational Pensions Authority (EIOPA) set out its vision for simplifying regulation while maintaining effective supervision across the EU.
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 […]
Our review of 2024: three major sustainability taxonomies, AI’s move to centre stage, and why the big endeavours ahead make structured data essential.
In this week’s stop-press news, we’ve just published new draft guidance on designing an effective XBRL data collection and processing platform.
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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.
