What is xbrl reporting. XBRL is the global standard that powers digital reporting.

What is xbrl reporting. This document provides guidance to help users select the most appropriate format for a given reporting requirement. Starting in 2023 and accelerating quickly across the world a wide range of securities regulators are obliging the use of XBRL in statutory sustainability disclosures. Jan 26, 2023 · Data in all XBRL reports is backed by an XBRL taxonomy, which provides meaning for the facts in the report. XBRL is the global standard that powers digital reporting. Feb 20, 2025 · In this article, I will leave behind end-user analysis – for now – to consider how the capabilities of LLMs can be utilised to create smarter, more interactive XBRL taxonomy experiences. XBRL International serves to improve the accountability and transparency of business performance globally, by providing the data exchange standard for business reporting. By making business reporting computer-readable, it helps make business data easy to find, access and analyse. Companies, public sector agencies and a wide range of other organisations are increasingly obliged to report in XBRL. Different environments provide differing levels of flexibility in this area, depending on their requirements and specific situation. XBRL is the international standard for digital reporting of financial, performance, risk and compliance information, although it is also used for many other types of reporting. . XBRL is the global standard that powers digital reporting. The same taxonomy is used across all formats of XBRL report. As well as complex forms, XBRL allows the creation, publication and exchange of entire financial statements. XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting. Here is some information to help develop an understanding of the Standard. rivo ub8 exyg i53c yy5g xw looqmbn 6zeq w93yr gxbr1