XBRL Taxonomies

What is XBRL Filing? Do I Need It?

XBRL is an abbreviation of Extensible Business Reporting Language. It is widely used for presenting data which ensures hassle-free analysis, thereby bringing down costs, time and effort of businesses. It ensures paperless reporting and is therefore gaining widespread acceptance across different parts of the world. Here are some of the major reasons why XBRL filing is essential for businesses. Presence of multi-lingual support XBRL enables concept definitions to be compiled in numerous languages. The translations […]