XBRL GL Taxonomy Advances to “REC” Status

Posted on March 26, 2015 by Dave Nitchman

The 2015 XBRL GL Taxonomy has advanced to Recommendation status, meaning it is stable and is considered suitable for broad adoption and implementation. XBRL GL is intended to enable the efficient handling of financial and business information contained within an organisation, including the representation of anything that is found in a chart of accounts, journal entries or historical transactions, financial and non-financial. To learn more about transactional reporting, visit the XII Specifications web site. Or access the taxonomy directly. 

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