A common decision facing organizations implementing information technology (IT) systems for business reporting is the selection of the appropriate technology standard to represent the information being reported. This discussion frequently focuses on whether to develop customized software using Extensible Markup Language (XML), or whether the project would benefit from the additional richness of information that can be expressed by using the freely available open standard Extensible Business Reporting Language (XBRL). XBRL is an application of XML using W3C1 standards to provide not only a vocabulary for business reporting but also a means of unambiguously representing the semantics, or meaning, of the information being reported.
The full article is exclusively accessible to members of XBRL International.
Already a member?
Please log in using your XBRL username and password.
If you or your organisation is a member but you do not have an XBRL username and password, please register for an account.
Not yet a Member?
Join XBRL today in order to get access to exclusive content, and other membership benefits:
- Discounted conference attendance
- Access to our Global Community
- Use of the XBRL logo to promote your products and services
- Early visibility and ability to influence new standards through Working Group participation
- Inclusion in our Tools and Services directory
Learn more about joining the consortium.