Newsletter for the Reporting Standard of Business and Government

November, 2025

SEC CDO Office to join artificial intelligence panel at Data Standards Forum: Advancing Semantic Intelligence in Washington, DC on Friday, December 5. Data Scientist Parth Venkat, Office of the Chief Data Officer at the Securities and Exchange Commission will join the conversation in a session on artificial intelligence and data standards.Register to attend this one-day conference on the future of open data standards in a regulatory environment, artificial intelligence, and enhancements to the XBRL technical specification. Other featured speakers will join from Calcbench, Columbia University, the Data Foundation, the EDM Council, Exbee, EZ-XBRL, FactSet, the Financial Accounting Standards Board (FASB), the Global LEI Foundation, IRIS Business Services LLC, Novaworks LLC, Suffolk University, the University of Wisconsin-Whitewater, and XBRL US. Registration is required and closes Wednesday, 12/3 at Noon ET: https://xbrl.us/events/data-forum-2025

The California Air Resources Board (CARB) held a third workshop with updates on climate disclosure rules SBs 253 and 261. During the workshop, the CARB team explained that first year SB 253 reporting for Scope 1 and 2 emissions will need to be made on or before August 10, 2026. They also noted that the spreadsheet template (download here) that CARB provided for GHG emissions is optional for 2026 reporting and companies can submit existing GHG emissions reports prepared for others that also cover Scope 1 and Scope 2 reporting.

Companies that have not been collecting GHG emissions data and are not planning to collect data, are not expected to submit Scope 1 and 2 reports in 2026 (however they must submit an explanatory letter to CARB). Assurance is not required for first year 2026 reporting, however companies can voluntarily include assurance. Lastly, CARB staff will be working on a subsequent rulemaking in 2026 to address program requirements in 2027 and other topics including reporting format and data assurance requirements.

Updates to CARB materials have been posted:

Slides from the workshop are available here and the workshop replay is here.

XBRL US comments on SEC 2026 Draft Taxonomies. Our comment letter provided technical input on certain taxonomies, including the EXCH Taxonomy, SPAC Taxonomy, RXP Taxonomy, VIP Taxonomy, and FFD Taxonomy.

XBRL US comments on SEC questions in Agency Collection Extension: Rules 17h-1T and 17h-2T. Our comment pointed out the importance of collecting data in structured, XBRL format and supported the planned 12-month extension of compliance dates.

XBRL International hosting Data Amplified Virtual, 11 December 2025. The free, online conference will offer essential insider angles on AI, XBRL and the push to simplify. It will explore how AI is transforming the data industry and what that means for the digital reporting world, lessons from an expanded data landscape in the Netherlands, and the next generation of simpler, smarter, AI-ready reports with the upcoming OIM Taxonomy specification.

Find out more and register now at https://www.dataamplified.org, and you can also follow Data Amplified on LinkedIn and X for the latest updates.

XBRL US Events

Webinar Replay: Data Quality Rules in US GAAP Taxonomy 2026
The Financial Accounting Standards Board (FASB) plans to add 30 new data quality rules to its Data Quality Committee Rules Taxonomy (DCQRT). Hear the FASB's David Shaw, the Chair of the XBRL US Data Quality Committee and Advisor at Toppan Merrill's Shelly Wavrin, plus XBRL US' Campbell Pryde on which rules will be added and how rules are created. Watch the replay: https://xbrl.us/events/251119

XBRL US Meetings

The Data Quality Committee (DQC) met on Wednesday, October 15 and approved version 28 of their Rules for SEC filers. Learn about the DQC: https://xbrl.us/dqc

The Domain Steering Committee will meet Tuesday, December 16, at 2 PM ET. https://xbrl.us/events/dsc-251216 - all XBRL US Members are invited to attend

The Communications Steering Committee will meet Tuesday, December 16, at 3 PM ET. https://xbrl.us/events/csc-251216 - all XBRL US Members are invited to attend

The Regulatory Modernization Working Group will meet Tuesday, December 9, at 3 PM ET. (membership@xbrl.us for details)

The Standard Government Reporting Working Group is on hiatus until the next meeting in January 2026. (membership@xbrl.us for details)

The Technical Advisory Committee (XTAC) will meet on Wednesday, December 10, at 4 PM ET. (membership@xbrl.us for details)

The Academic Subcommittee will meet Thursday, January 13, at 11 AM ET. (membership@xbrl.us for details)

XBRL US Articles, White Papers, and Blogs

Blog Post: Resources for Extracting Machine-readable Data

Find out how to access a wealth of granular data for unambiguous analysis using an XBRL processor - software that reads tagged facts and interprets them according to the taxonomies defined for the report. Use a Jupyter Notebook to extract fact or cube data using the XULE syntax.

Blog Post: Digital Climate Reporting Roundtable Summary

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.

XBRL US Members are committed to engaging and collaborating with other members, contributing to the standard through involvement of their teams, and striving to build awareness and educate the market. Members of XBRL US represent the full range of the business reporting supply chain.

Not yet an XBRL US member? Maybe it's time to consider joining XBRL US for yourself ($55 - $550/ year) or your organization (fees vary). Find out more about the benefits of membership and how to become involved by visiting https://xbrl.us/benefits.