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Items tagged with "XBRL"

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A year of advances: new and improved XBRL specifications

We continue to manage, improve and modernise the XBRL standard to ensure that it is fit for purpose as the world’s standard for digital data exchange. Key developments in 2024 included:

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A world tour in news

A few highlights from across our global community this year include:

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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 […]

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Data Amplified: structured data is crucial in a changing landscape

Data Amplified: structured data is crucial in a changing landscape

We’re back after an amazing three days in Madrid at Data Amplified 2024. We enjoyed an incredible range of fresh ideas, updates and discussions.

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financial 2024-10-25

FSB consults on common format for reporting operational incidents

On 17 October 2024, the Financial Stability Board (FSB) launched a consultation on its new Format for Incident Reporting Exchange (FIRE).

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GRI launches consultation on new XBRL Taxonomy: Insights from Piers Horner

The Global Reporting Initiative (GRI) recently launched a public consultation for its new GRI Sustainability Taxonomy draft, open until 11 August. To delve deeper into this initiative, XBRL International recently spoke to Piers Horner, who led the development of the taxonomy:

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GRI opens public consultation on new XBRL taxonomy

This week the Global Reporting Initiative (GRI) launched a public consultation for its new GRI Sustainability Taxonomy draft, which will be open until 11 August 2024. This initiative aims to gather feedback from XBRL experts and sustainability specialists on the design of the new taxonomy.

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XRB advocates for mandatory digital financial reporting in New Zealand

The New Zealand External Reporting Board (XRB) recently published a position paper, outlining the many benefits of digital financial reporting and highlighting its widespread adoption among New Zealand’s trading partners.

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Unlocking economic potential with XBRL

For a quick refresh on the transformative power of XBRL and the need for open data, it’s worth taking a look at a recent video from Rachel Carpenter, CEO of Intrinio. Carpenter highlights the staggering potential cost savings of structured financial data with XBRL.

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Unlocking the Potential of ESG Disclosures in India: A Must-Read Analysis

In an era in which sustainability is not just a choice but a necessity, understanding the Environmental, Social and Governance (ESG) landscape is crucial for stakeholders throughout the business data ecosystem. Our latest white paper, ‘Unearthing Insights from India’s ESG Disclosures,’ dives deep into digital Business Responsibility and Sustainability Reporting (BRSR) data for the financial […]

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