By Scott Theis, President/CEO, Novaworks; Chair, XBRL US Domain Steering Committee (DSC); Leader, XBRL Technical Advisory Committee for XBRL US (XTAC); Member, XBRL Standards Board and OIM Working Group. In our last blog, Modernizing XBRL, we explored why the time is right to simplify and modernize the XBRL technical specification. One of the strongest forces […more]
By Scott Theis, President/CEO, Novaworks; Chair, XBRL US Domain Steering Committee (DSC); Leader, XBRL Technical Advisory Committee for XBRL US (XTAC); Member, XBRL Standards Board and OIM Working Group. XBRL is modernizing and simplifying. The XBRL community has begun laying the groundwork for a new XBRL technical specification that can be put in place to […more]
Agency-specific FDTA rules need to make sure the data they collect is AI-ready. AI shines when given access to richly contextualized, standardized, structured data and identifiers. While Large Language Models (LLMs) can source any kind of data, structured or unstructured, for financial analysis and research that demands a high degree of accuracy, structure and standardization […more]
XBRL US Members and others using our Public Filings Database and the XBRL API know extracting data from machine-readable reports yields a wealth of granularity for unambiguous analysis. Extraction involves an XBRL processor – software that reads tagged facts and interprets them according to the taxonomies defined for the report. Altova’s MapForce and XMLSpy feature […more]
Review an AI summary of key findings from the XBRL US’ Global Climate Reporting Roundtable, held during NY Climate Week on September 22, 2025. The roundtable featured keynote talks from New York State Assemblymember Deborah Glick and California State Senator Scott Weiner. Roundtable speakers participated from the AICPA, BNY, the Data Foundation, the IFRS Foundation, KPMG, and XBRL US.
The national consortium for
the business reporting standard
