Tag: ESEF
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Why AI is Accelerating the Shift to Digital-First Reporting
Companies spend huge sums producing annual reports. Unfortunately, almost nobody reads these in full and as we move to an AI world, most users will use chatbots and agents to gather company information. So, company reports will need to be…
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Digital First is Here
A growing number of European vendors can now offer genuine Digital-First reporting, which is a structured HTML document with XBRL tags built together from the start. Most of these are still early in their journey, but already serving clients for…
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Digital Financial Reporting and AI
Can AI reliably tag a financial report with XBRL? Research shows LLMs hit around 80% accuracy when reading annual reports unaided but perform notably better when working from XBRL-tagged data. Based on our own testing, we find AI tagging isn’t…
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Integrated Digital Financial Reporting
Tagging PDF documents for regulatory reporting has real limits, which is why a new “Digital-First” approach, built on HTML content management and XBRL tagging, from the ground up, is emerging. It’s not a small shift: around 50,000 companies will need…
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Digital Financial Reporting
European and UK accountants, auditors, and IT teams are grappling with a new phrase: Digital Financial Reporting. Recent legislation behind ESEF in the EU and UKSEF have required roughly 5,000 listed companies to file their annual reports digitally. The next…