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ALSO CALLED:
Extensible Business Reporting Language
DEFINITION: XBRL (Extensible Business Reporting Language) is an XML-based computer language for the electronic transmission of business and financial data. The goal of XBRL is to standardize the automation of business intelligence (BI). XBRL is an open standard which is overseen by a not-for-profit organization called XBRL International. XBRL uses tags to describe and identify each item of data in an electronic
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Definition continues below.
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XBRL White Papers
(View All Report Types)
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1 Match
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Cognos FSR streamlines production process, ensures compliance with Solvency II
sponsored by IBM
WHITE PAPER:
This brief paper outlines how Cognos FSR automates and streamlines the financial statement reporting (FSR) production process by gathering and connecting information from a variety of sources to construct an application database of all of your data. Learn how to overcome the challenges of scalability, process accuracy, increased workloads and more.
Posted: 18 Apr 2012 | Published: 18 Apr 2012
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XBRL DEFINITION (continued): … XBRL (Extensible Business Reporting Language) is an XML-based computer language for the electronic transmission of business and financial data. The goal of XBRL is to standardize the automation of business intelligence (BI). XBRL is an open standard which is overseen by a not-for-profit organization called XBRL International. XBRL uses tags to describe and identify each item of data in an electronic document. The tags allow computer programs to sort through data and analyze relationships quickly and generate output in various formats. Because the tags are standardized, analysis can be conducted across multiple documents from multiple sources, even if the text in the documents is written in different languages. By 2011, the United States Securities and Exchange Commission (SEC) has mandated that all public companies must report their earnings using XBRL. XBRL definition sponsored by SearchCompliance.com, powered by WhatIs.com an online computer dictionary
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