Regulatory reporting has always depended on rules, definitions and data that can be traced back to its source. AI adds a new layer to that process. Large language models and machine learning can suggest tags, map data and identify unusual patterns. Furthermore,...
Introduction On 25 November I published a blog post which summarised the legislative impact of the EU Omnibus I Package for the simplification of CSRD. In that blog post I also described where the legislative process was and what was still outstanding at each strand...
Regulators and other government data collectors around the world need to collect data from companies for tax, company registration and for financial supervision. This data was, for a long time, exchanged in PDF documents or spreadsheets. However, these formats prove...
The EU’s Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) has today (22/12/2025) published their XBRL taxonomy for public Country by Country Reporting. Background Of course, Country-by Country Reporting (CbCR) is...
Introduction Following the rise in popularity of LLMs and generative AI, it didn't take long for people to start asking what this means for XBRL. Would there be exciting new opportunities making better use of AI with XBRL? Would AI reduce the cost of XBRL adoption?...
The European Single Electronic Format (ESEF) has changed how issuers experience the final stage of the audit. However, this changed experience is not the same for all. Issuers around Europe have examined the ESEF software and services markets and have made their...
Introduction My view is that most filing rules shouldn't exist; not in their current form, at least. The EDGAR XBRL Guide is 137 pages of PDF. The ESEF reporting manual is 54 pages of PDF. Every country with an XBRL filing programme has a filer manual, sometimes...
Introduction Integrated Reporting is a comprehensive approach that consolidates crucial information about an organisation's strategy, governance, performance, and prospects, considering its commercial, social, and environmental context. It enables organisations to...
EU Taxonomy reporting To drive forward sustainability goals and define what is meant by sustainable activities, the EU taxonomy has been created. It lists company activities which: Contribute substantially to one or more of the EU’s environmental objectives Do no...
The original version of the Inline XBRL specification was released over ten years ago with a wide range of features to enable filers to embed XBRL tags within an HTML file, creating a document which is both human-readable and computer readable. In my role as editor of...