XBRL A work In progress

Stimpson, Jeff
June 2004
Practical Accountant;Jun2004, Vol. 37 Issue 6, p39
Trade Publication
XBRL, eXtensible Business Reporting Language is an XML-based reporting standard that provides a standards-based method with which users can prepare, publish, exchange and analyze business reports/statements and the information they contain. Mike Willis, founding chair of XBRL International and a partner of PricewaterhouseCoopers LLP, defines XBRL as "the Internet's information format for describing financial and business reporting data in a way that all software can capture and process. By tagging individual pieces of business information with common data definitions and providing the means of transporting the information over the Internet, these standards, which is called "XBRL Web services, enable disparate software applications to transmit and share information directly with each other. INSET: Where To Click.


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