Accountancy Forum
  • Accountancy
  • Forum Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum The Profession Technology v
« Previous 1 2 3 4
What is XBRL??

 
  • 0 Vote(s) - 0 Average
What is XBRL??
Ashfaque Shaikh
Offline

Junior Member

Posts: 9
Threads: 1
Joined: Feb 2003
Reputation: 0
#4
02-13-2003, 03:34 AM
XBRL is the reporting language for business. Based on XML,a sister of HTML (if I am right), it is a codification of standard taggings that will be used for business reporting.
In layman's words it is the next step for financial reporting in particular and general business data exchange in general.
So in future, we might see IAS-compatible financial statements available as web pages using standardised taggings.
This has significant implication for internet, intranet and web-based applications. I mean you can imagine the extent of its usage in everyday financial information exchange as a standard.
Other implications are cross-border financial information reporting and exchange which will benefit tremendously and perhaps overcome the language barrier as well.


« Next Oldest | Next Newest »

Users browsing this thread: 2 Guest(s)



Messages In This Thread
What is XBRL?? - by Sameer - 01-20-2003, 05:43 PM
[No subject] - by Ashfaque Shaikh - 02-13-2003, 03:33 AM
[No subject] - by Ashfaque Shaikh - 02-13-2003, 03:34 AM
[No subject] - by Ashfaque Shaikh - 02-13-2003, 03:34 AM
[No subject] - by Cricketer - 02-21-2003, 09:59 PM
[No subject] - by Ashfaque Shaikh - 02-22-2003, 12:23 AM

  • View a Printable Version
  • Subscribe to this thread
Forum Jump:

© 2002-2024 Accountancy. Copyrights of all content on this web site are owned by Accountancy except where indicated in source or copyright statements. Accountancy must be contacted for permission to copy or redistribute any material published on this website.

Linear Mode
Threaded Mode