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. […]

XBRL Format

XBRL should mean more than a mere compliance burden

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). This will enhance the analytical process by opening access to more and more data than earlier ever. XBRL filing aims at enabling the investors and analysts to capture and analyse information more effectively, as well as help the companies automate their financial report filings with the Regulators. Unfortunately, […]