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I need some additional information on what XBRL is? As well as, what is XBLR's potential effect on financial reporting and how would you see it fitting into the analysis of financial information?

2007-03-02 15:00:57 · 2 answers · asked by Munch_101 1 in Business & Finance Other - Business & Finance

2 answers

A lot of this failings into public companies and SOX look at investopedia.com for more information.

2007-03-07 07:47:17 · answer #1 · answered by dr_michael85 2 · 0 0

XBRL is a technical syntax which is defined by the XBRL Specification and its modules.

In other words, XBRL is a framework that will allow the financial community a standards, based method to prepare, publish in a variety of formats, exchange and analyze financial reports and information among various software applications.

2014-06-26 04:42:38 · answer #2 · answered by Gerald 3 · 0 0

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