Establishing a framework to standardize, and automate the processing of, corporate sustainability data is imperative to provide needed information to investors, researchers and policy setters who need access to timely, consistent, accurate data for decision-making.
The EU and UK rollout of ESEF (Inline XBRL) has begun, with filings from companies in Austria, Estonia, Finland, France, the Netherlands, Spain, and the UK, among others. We’ve started posting these valuable, machine-readable filings on XBRL US.
The Federal Energy Regulatory Commission (FERC) announced that on April 15, 2021, the XBRL taxonomies, validation rules, and rendering files needed for the FERC XBRL rollout will be updated to Release 1.5, and will be available in the Yeti viewer. FERC’s current Visual FoxPro-based system will no longer be available for filings submitted after September […more]
XBRL US member Marc Joffe, chair of the Standard Government Reporting Working Group, and Senior Policy Analyst at the Reason Foundation, weighed in on the need for better revenue and expenditure data from state and local government to appropriately allocate COVID-19 aid funds in his March 16 article published at Federalism.US. Joffe notes: “During the […more]
Analysts and investors race to beat the clock on earnings day. What if earnings announcements were machine-readable?
Last year major new laws advanced the government’s artificial intelligence practices, expanding and maturing the existing infrastructure to support agencies in adopting AI in practice. Now, with AI-focused pieces of legislation and administrative actions seeking to create a comprehensive AI strategy, what must be considered in order to successfully scale up implementation of AI programs? With extensive […more]
Trustees of the IFRS Foundation announced plans to continue their work on establishing an international sustainability reporting standards board within the existing governance structure of the IFRS Foundation. The decision was based on the encouragement received in comments concerning the 2020 Consultation, and on IOSCO’s intention to work with the IFRS Foundation to develop a […more]
The Securities and Exchange Commission (SEC) announced the creation of a Climate and ESG Task Force in the Division of Enforcement. The focus of the task force, which will be led by Kelly Gibson, Acting Deputy Director of Enforcement, will be to proactively identify ESG-related misconduct. The initial focus will be to identify any material […more]
The Sustainability Accounting Standards Board (SASB) announced the start of a 60-day (through April 22) public review of their XBRL Taxonomy. They are soliciting feedback about various technical and usage aspects of the taxonomy. Materials available through the public review include the Draft Taxonomy, Preparer Guide, and Sample XBRL Instance Document, as well as guides […more]
The XBRL API can now be accessed through a Microsoft Excel spreadsheet. Learn the 3 easy steps to get data through Excel.
The national consortium for
the business reporting standard
