XBRL framework

Manner in which XBRL filing can be helpful to Companies and Investors

Regulatory authorities around the world have adopted rules requiring companies to provide their financial reporting in a structured data, machine-readable format i.e. eXtensible business reporting language (XBRL). The vision of XBRL filing is that the format would enable investors and analysts to capture and analyse information more effectively, as well as help companies automate their financial report filings with the Regulators. Eventually, both preparer and investor costs would be reduced through the use of XBRL. […]