Down under can’t dodge digital much longer!
Australian and New Zealand securities regulators have been slow to embrace digital reporting, but the excuses are wearing thin.
Items tagged with "XBRL"
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Busted: Six Digital Reporting Myths
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 […]
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Stop Feeding AI Junk – How XBRL-MCP Can Deliver Clean Business Data
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 […]
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China accelerates e-invoicing with XBRL-based electronic voucher standards
China’s Ministry of Finance, alongside eight government departments, recently launched a nationwide push for standardised electronic voucher accounting data.
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UK FRC maps out collaborative next steps for digital reporting
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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Sri Lanka gears up for digital leap with XBRL reporting by 2026
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.
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A Getting Started Guide: Experimenting with LLMs for XBRL Analysis
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 […]
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AI and Digital Tagging in Sustainability Reporting: From Magic to Reality
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 […]
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No structure, no certainty: why AI needs XBRL.
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.
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EIOPA calls for simplification – but not at the expense of supervision.
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.
