Implementation Challenges Although XBRL has several benefits, there are significant challenges in its global implementation, some of which are listed below: • Definition of taxonomy: The definition of ...

Learn how XBRL enhances financial data sharing globally, utilizing XML for standardized accounting information exchange crucial for investors and businesses.

The lack of issuer involvement in the corporate actions lifecycle continues to be one of the main barriers to making the use of extensible business reporting language (XBRL) for corporate actions ...

The article discusses the origins and development of eXensible Business Reporting Language (XBRL), its impact on financial reporting, and the role of companies like Workiva in improving XBRL quality.

As part of a move to streamline reporting processes and improve data handling, EU Pillar 3 disclosures are now required to be submitted in the eXtensible Business ...

This month the JofA begins a series of articles exploring how XBRL can help CPAs, their clients and employers, financial institutions, regulators, rating agencies and individual and institutional ...

Workiva and other XBRL providers have the opportunity to use AI to address issues and create efficiencies. The SEC's upcoming ESG rules and other new mandates present opportunities for XBRL providers ...