This BLOG is devoted to XBRL – eXtensible Business Reporting Language. It is an XML dialect developed for business reporting purposes.
Business financial reporting is found in both the public and private sectors and is integral to financial management and performance. The purpose of this startup is to examine the use of XBRL to support financial management. This startup explores the issues impacting financial accounting, business financial reporting, information technology, and the applications of a standards-based technology to solve these issues.
Why XBRL Blog It Might Be A Killer
XBRL is standard in expansion and very soon it will be mandate for every company to create financial reports in XBRL format. This startup provides background on how business, can benefit from the application of XBRL standard and the potential impact.