At XBRL International we’re continuing work on OIM Taxonomy, a strategic initiative to modernise the taxonomy layer of the XBRL standard. The OIM will make XBRL simpler, easier to use and more powerful, while ensuring it is well suited to today’s data tools, including AI-driven analysis.
Work continues on the next generation of the core XBRL specification. XBRL US recently explored what this new modernised technical specification means for the standard: it’s designed to be easier to learn, more intuitive to use, and tailor-made for the AI age.
On Monday, our CEO John Turner presented in a panel presided over by XBRL International Vice Chair Mardi McBrien at the Corporate Disclosures 2025 conference. While the Omnibus negotiations continue, it is clear that companies reporting under CSRD will need to provide digital disclosures in due course.
As negotiations on the final rules under the Corporate Sustainability Reporting Directive (CSRD) continue, some Members of the European Parliament are asking whether artificial intelligence (AI) could replace digital reporting.
XII has published draft guidance exploring how taxonomy relationships can be leveraged to anchor entity-specific disclosures (ESDs), an important part of open reporting frameworks.
The new XBRL 2.1 conformance suite is now available, supporting the continued robustness and interoperability of XBRL implementations. This update ensures that software tools align with the base specification and behave consistently across different reporting scenarios.
XBRL International recently hosted a fast-paced 30-minute webinar diving into Calculations 1.1, the latest upgrade to XBRL’s calculation rules. If you missed it, no worries: the recording is now available.
Artificial intelligence promises to transform how we analyse financial (and other business) data, with major platforms launching ambitious tools to democratise investment insights. But behind the excitement lies a critical question: can AI actually understand what it’s reading?
We know AI is powerful. It promises big: critical insights from overwhelming data volumes, actionable findings from vague hunches, and the answers to the questions you didn’t even know you needed to ask.
Catch up on report packages now. If you couldn’t make it to our XBRL Directions webinar on 15 May, don’t worry, we’ve got you covered. The recording is now available, offering an insight-packed 30-minute overview of XBRL Report Packages and how to make the most of them.
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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.
