This document discusses the differences between formatting, rendering, styling and presentation of financial information in XBRL documents. It notes that while XBRL is good for exchanging information between computers, humans still need to be able to read and understand the information. The document provides examples to show how the same financial data can be formatted in different ways, such as in lists or columns, and discusses the need for a standardized way to describe formatting so all readers see the same styled presentation from an XBRL document.
The document discusses the vision of the semantic web and how it could impact financial reporting if XBRL was widely used. It describes how the semantic web allows data to be shared and reused across applications and boundaries, enabling computers and people to work together. It provides several potential use cases, such as enabling real-time reporting and audits, more efficient loan applications that use electronic financial reports submitted every 30 days instead of quarterly paper reports, and intelligent agents that can identify promising investment opportunities. Finally, it discusses the concept of "extreme financial reporting", which would be driven by business rules compliance, embrace a single set of global accounting standards (IFRS), and involve accounting standards being expressed in XBRL taxonomies before they
This document discusses some advanced concepts relating to XBRL, including:
1. Extensibility mechanisms that allow users to customize XBRL taxonomies.
2. The Link Role Registry which standardizes metadata in XBRL documents.
3. The Generic Linkbase specification which provides a standard way to create linkbases and attach labels in multiple languages.
4. Issues around calculations, storage, and archiving of XBRL information over many years as taxonomies and specifications change.
This document provides tips, tricks, and traps for users of the US GAAP taxonomy. It highlights inconsistencies within the taxonomy and compares how similar concepts are modeled differently. The tips include understanding how to identify unnecessary components, the meaning of parent-child relationships, and avoiding misinterpretations of entry points, networks, and calculations. The traps warn of organizational issues, labeling inconsistencies, incorrect period types, and situations where presentation networks differ from calculation networks. The overall goal is to help users more effectively work with interactive financial data structured within the US GAAP taxonomy.
This document provides an overview of the IFRS-GP taxonomy, which expresses concepts presented or disclosed in financial statements prepared using International Financial Reporting Standards. It explores the fundamentals of the taxonomy to help users understand how to read, comprehend and use it. The taxonomy was created through collaboration between accounting experts and aims to provide a consensus-based method for electronically classifying financial reporting concepts, while not defining new standards or limiting professional judgment.
This document discusses extracting and using information from XBRL instance documents. It notes that extracting specific pieces of data is straightforward with XBRL, as it was designed for reuse of financial information. However, properly interpreting and validating the extracted data requires understanding concepts, contexts, taxonomies, and XBRL rules. The document provides a basic example using VBA macros to extract a fact value from an XBRL document into an Excel spreadsheet, but cautions that reliably using XBRL data for analysis requires considering many additional complexities.
This document discusses XBRL (eXtensible Business Reporting Language), a specification that allows sharing of business and financial information. It covers XBRL data types, arcroles, linkbase reference roles, label roles, reference roles, references to documentation, and background on the author Charles Hoffman, who is credited with bringing the idea of XBRL to the accounting industry.
This document discusses assigning values to XBRL instance documents to express financial reporting information electronically in XBRL format. It notes there can be one-to-one, one-to-many, or many-to-one correlations between financial reporting concepts and taxonomies, and discusses balancing comparability, flexibility, and effort. The document provides examples of numeric and textual financial information and the challenges of expressing this information in XBRL instances while maintaining the original meaning. It also covers assigning contexts like entity, period, and scenario information to facts in XBRL instances.
XBRL is becoming a global standard for exchanging business data and financial reports. It provides a common format for structured financial information that allows for consistent analysis and data sharing. The document discusses the history and development of XBRL, including the creation of taxonomies for US GAAP and IFRS financial reporting. It also outlines the current and potential future uses of XBRL by regulators, governments, and organizations around the world to modernize financial reporting and analysis.
The document discusses the vision of the semantic web and how it could impact financial reporting if XBRL was widely used. It describes how the semantic web allows data to be shared and reused across applications and boundaries, enabling computers and people to work together. It provides several potential use cases, such as enabling real-time reporting and audits, more efficient loan applications that use electronic financial reports submitted every 30 days instead of quarterly paper reports, and intelligent agents that can identify promising investment opportunities. Finally, it discusses the concept of "extreme financial reporting", which would be driven by business rules compliance, embrace a single set of global accounting standards (IFRS), and involve accounting standards being expressed in XBRL taxonomies before they
This document discusses some advanced concepts relating to XBRL, including:
1. Extensibility mechanisms that allow users to customize XBRL taxonomies.
2. The Link Role Registry which standardizes metadata in XBRL documents.
3. The Generic Linkbase specification which provides a standard way to create linkbases and attach labels in multiple languages.
4. Issues around calculations, storage, and archiving of XBRL information over many years as taxonomies and specifications change.
This document provides tips, tricks, and traps for users of the US GAAP taxonomy. It highlights inconsistencies within the taxonomy and compares how similar concepts are modeled differently. The tips include understanding how to identify unnecessary components, the meaning of parent-child relationships, and avoiding misinterpretations of entry points, networks, and calculations. The traps warn of organizational issues, labeling inconsistencies, incorrect period types, and situations where presentation networks differ from calculation networks. The overall goal is to help users more effectively work with interactive financial data structured within the US GAAP taxonomy.
This document provides an overview of the IFRS-GP taxonomy, which expresses concepts presented or disclosed in financial statements prepared using International Financial Reporting Standards. It explores the fundamentals of the taxonomy to help users understand how to read, comprehend and use it. The taxonomy was created through collaboration between accounting experts and aims to provide a consensus-based method for electronically classifying financial reporting concepts, while not defining new standards or limiting professional judgment.
This document discusses extracting and using information from XBRL instance documents. It notes that extracting specific pieces of data is straightforward with XBRL, as it was designed for reuse of financial information. However, properly interpreting and validating the extracted data requires understanding concepts, contexts, taxonomies, and XBRL rules. The document provides a basic example using VBA macros to extract a fact value from an XBRL document into an Excel spreadsheet, but cautions that reliably using XBRL data for analysis requires considering many additional complexities.
This document discusses XBRL (eXtensible Business Reporting Language), a specification that allows sharing of business and financial information. It covers XBRL data types, arcroles, linkbase reference roles, label roles, reference roles, references to documentation, and background on the author Charles Hoffman, who is credited with bringing the idea of XBRL to the accounting industry.
This document discusses assigning values to XBRL instance documents to express financial reporting information electronically in XBRL format. It notes there can be one-to-one, one-to-many, or many-to-one correlations between financial reporting concepts and taxonomies, and discusses balancing comparability, flexibility, and effort. The document provides examples of numeric and textual financial information and the challenges of expressing this information in XBRL instances while maintaining the original meaning. It also covers assigning contexts like entity, period, and scenario information to facts in XBRL instances.
XBRL is becoming a global standard for exchanging business data and financial reports. It provides a common format for structured financial information that allows for consistent analysis and data sharing. The document discusses the history and development of XBRL, including the creation of taxonomies for US GAAP and IFRS financial reporting. It also outlines the current and potential future uses of XBRL by regulators, governments, and organizations around the world to modernize financial reporting and analysis.
This presentation gives a brief overview of the current state of XBRL, its benefits and challenges for public corporations, investors, and university researchers working in finance. See more at findynamics.com and try our Excel platform XBRLAnalyst
110 Introduction To Xbrl Taxonomies And Instance Documents Sept 2007 Print Ve...helggeist
The document provides an overview of XBRL (eXtensible Business Reporting Language) and compares it to XML. It discusses XBRL taxonomies, which define reporting concepts and relationships, and XBRL instance documents, which contain reported facts that are constrained by the taxonomy. While XML provides a basis, XBRL was created to address XML's limitations for business reporting by allowing flexible extension of reporting structures and validating semantics and business rules, not just syntax.
The document provides an overview of XBRL (eXtensible Business Reporting Language) fundamentals. It discusses how XBRL extends XML to link financial data with definitions, presentations, calculations and relationships. The key components of an XBRL taxonomy include the schema, which defines financial terms and attributes, and linkbases, which define interrelationships between terms. An XBRL taxonomy provides a systematic classification of business and financial terms to facilitate understanding, reuse, and comparison of financial data.
Cosmic Solutions is a specialized corporate advisory firm promoted by young and dynamic professionals having rich experience in the field of financial, management and
corporate consultancy.
Our team consists of professionals who possess the acumen and wide experience in the areas of Assurance, Tax advisory, Corporate Laws and financial services etc.
1. M S Godbole & Co will create the XBRL instance document for ABC company's annual filing based on the MCA taxonomy.
2. The instance document will then be validated using the MCA validation tool to ensure it meets all requirements.
3. ABC company will pre-screen the instance document and convert it to PDF format to verify the contents.
4. Once approved, the instance document will be attached to Form 23AC-XBRL and Form 23ACA-XBRL and filed electronically on the MCA portal by the 31st of December deadline.
eXtensible Business Reporting Language (XBRL) is an extended XML, a tagged data (meta-data) which is machine readable and a standard way to communicate business & financial info.
This presentation introduces XBRL & MAIA Intelligence's postXBRL solution with BI for financial reporting.
This document provides an introduction to XBRL, including:
- The structure of the lesson, which covers theory, a status update, and more theory.
- XBRL is not new technology, but specifying it for financial reporting is new. Its adoption has been slower than expected.
- XBRL relates to areas like business process management, business process reengineering, culture/change management, finance, and auditing.
- It defines XBRL as an XML-based language for exchanging business information in a standardized way.
What is XBRL? How is it different than XML? Who is using it today? With the United States Securities and Exchange Commission (SEC) mandating it; stock exchanges around the world using it; and official support from the European Parliament as well as governments of the Netherlands, Australia, Japan and China--the Extensible Business Reporting Language (XBRL) can certainly be considered a global standard for business reporting. In this webcast, These are the slides from teh webcast by Charlie Hoffman, the father of XBRL and Steve Levine, To view the recorded webcast, go to http://www.youtube.com/watch?v=MW-L8evKD2Y&feature=channel_page
Xbrl for dummies slide deck chapter 1 23 10 2009 long versionWorkiva
1. Decreased costs of information exchange and reporting through increased automation and reduced manual processes.
2. Increased timeliness of sharing and analyzing information.
3. Improved quality and accuracy of information through validation rules and error checking.
4. Enhanced reusability of data through common definitions and structure.
5. Greater flexibility to adapt to reporting needs through a non-proprietary standard.
1) XBRL (eXtensible Business Reporting Language) is a common global standard for exchanging business information that allows for the automated exchange and reliable extraction of financial information across all software formats and technologies.
2) XBRL reduces costs and enables quick information analysis by allowing tagged financial information to be transmitted in many formats and deployed with various analytical tools for users such as investors, financial publishers, auditors, regulators, and management.
3) XBRL works by defining a taxonomy or structure for financial data, then creating instance documents that tag financial statements and reports with that taxonomy so they can be read and analyzed by any software application using the same taxonomy definitions.
XBRL stands for eXtensible Business Reporting Language. It is one of a family of "XML" languages which is becoming a standard means of communicating information between businesses and on the internet.
XBRL is a standardized language used to tag and exchange financial data, allowing more efficient reporting and analysis. It works by assigning standardized tags to individual data points, like revenues or expenses. These tags are organized into taxonomies to define how data should be reported in specific contexts. When financial information is tagged with XBRL and shared, software can automatically extract and interpret the tagged data points. This streamlines reporting and analysis tasks while reducing errors. As more organizations adopt XBRL, it is becoming the global standard for defining and sharing business and financial information electronically.
Extensible business reporting language xbrl a new dimension in financial r...Sara Porras
Enofe, A., & Amaria, P. (2011). EXTENSIBLE BUSINESS REPORTING LANGUAGE XBRL: A NEW DIMENSION IN FINANCIAL REPORTING. International Journal Of Business, Accounting, & Finance, 5(1), 78-90.
Tomado de: Base de datos Universidad Javeriana Business Source Complete (EbscoHost)
XBRL is a worldwide standard for exchanging business and financial reporting information. It provides a structured format for financial reports using XML tags. This allows computers to read, analyze, and exchange financial data more easily. The document discusses XBRL concepts and taxonomies, which define the elements used for tagging financial information. It also covers the MCA mandate in India for public companies to file financial statements in XBRL format.
XBRL is a business reporting standard that uses XML tags to standardize business reporting information. It was created to address issues with existing financial reporting processes, such as duplicated validation efforts and errors from manual data handling. XBRL works by defining concepts like assets and income that make up taxonomies for reporting specific data. It features integration with regulatory agencies, import/export from Excel, automated calculations, and audit trails to support financial statements. Adopting XBRL provides benefits like consistent global standards for electronic business reporting.
This document provides an overview of key concepts in XBRL (eXtensible Business Reporting Language), which is a standard for electronic communication of business and financial data. It defines terminology used in XBRL and explains how taxonomies define financial reporting concepts and how instance documents contain fact values that use these concepts. Taxonomies and instance documents are structured using XML.
The document discusses how XBRL (Extensible Business Reporting Language) can improve financial reporting by allowing financial data to be tagged and exchanged in a standardized, machine-readable format. It outlines how XBRL reduces costs and improves efficiency of financial analysis by enabling automated extraction and comparison of financial data. The SEC now mandates public companies to submit financial reports in XBRL format.
Week 1: Creative Writing: A Technical Approachmcarper
This is the powerpoint for week 1 of the U. Reddit course "Creative Writing: A Technical Approach." In this installment is an introduction to the course and a lesson on brainstorming and drafting.
El documento detalla el programa de la maratón de lecturas de 2010, incluyendo los lectores, músicos, y niños participantes. Habrá lecturas durante la Semana del Día del Libro con lectores como Alejandra Mejía, Ma Josefa González, y los niños Ana, Beatriz, Juan y Teresa. La música será provista por Carlos Coca en el saxofón y Pablo Gigosos en la flauta, entre otros.
This presentation gives a brief overview of the current state of XBRL, its benefits and challenges for public corporations, investors, and university researchers working in finance. See more at findynamics.com and try our Excel platform XBRLAnalyst
110 Introduction To Xbrl Taxonomies And Instance Documents Sept 2007 Print Ve...helggeist
The document provides an overview of XBRL (eXtensible Business Reporting Language) and compares it to XML. It discusses XBRL taxonomies, which define reporting concepts and relationships, and XBRL instance documents, which contain reported facts that are constrained by the taxonomy. While XML provides a basis, XBRL was created to address XML's limitations for business reporting by allowing flexible extension of reporting structures and validating semantics and business rules, not just syntax.
The document provides an overview of XBRL (eXtensible Business Reporting Language) fundamentals. It discusses how XBRL extends XML to link financial data with definitions, presentations, calculations and relationships. The key components of an XBRL taxonomy include the schema, which defines financial terms and attributes, and linkbases, which define interrelationships between terms. An XBRL taxonomy provides a systematic classification of business and financial terms to facilitate understanding, reuse, and comparison of financial data.
Cosmic Solutions is a specialized corporate advisory firm promoted by young and dynamic professionals having rich experience in the field of financial, management and
corporate consultancy.
Our team consists of professionals who possess the acumen and wide experience in the areas of Assurance, Tax advisory, Corporate Laws and financial services etc.
1. M S Godbole & Co will create the XBRL instance document for ABC company's annual filing based on the MCA taxonomy.
2. The instance document will then be validated using the MCA validation tool to ensure it meets all requirements.
3. ABC company will pre-screen the instance document and convert it to PDF format to verify the contents.
4. Once approved, the instance document will be attached to Form 23AC-XBRL and Form 23ACA-XBRL and filed electronically on the MCA portal by the 31st of December deadline.
eXtensible Business Reporting Language (XBRL) is an extended XML, a tagged data (meta-data) which is machine readable and a standard way to communicate business & financial info.
This presentation introduces XBRL & MAIA Intelligence's postXBRL solution with BI for financial reporting.
This document provides an introduction to XBRL, including:
- The structure of the lesson, which covers theory, a status update, and more theory.
- XBRL is not new technology, but specifying it for financial reporting is new. Its adoption has been slower than expected.
- XBRL relates to areas like business process management, business process reengineering, culture/change management, finance, and auditing.
- It defines XBRL as an XML-based language for exchanging business information in a standardized way.
What is XBRL? How is it different than XML? Who is using it today? With the United States Securities and Exchange Commission (SEC) mandating it; stock exchanges around the world using it; and official support from the European Parliament as well as governments of the Netherlands, Australia, Japan and China--the Extensible Business Reporting Language (XBRL) can certainly be considered a global standard for business reporting. In this webcast, These are the slides from teh webcast by Charlie Hoffman, the father of XBRL and Steve Levine, To view the recorded webcast, go to http://www.youtube.com/watch?v=MW-L8evKD2Y&feature=channel_page
Xbrl for dummies slide deck chapter 1 23 10 2009 long versionWorkiva
1. Decreased costs of information exchange and reporting through increased automation and reduced manual processes.
2. Increased timeliness of sharing and analyzing information.
3. Improved quality and accuracy of information through validation rules and error checking.
4. Enhanced reusability of data through common definitions and structure.
5. Greater flexibility to adapt to reporting needs through a non-proprietary standard.
1) XBRL (eXtensible Business Reporting Language) is a common global standard for exchanging business information that allows for the automated exchange and reliable extraction of financial information across all software formats and technologies.
2) XBRL reduces costs and enables quick information analysis by allowing tagged financial information to be transmitted in many formats and deployed with various analytical tools for users such as investors, financial publishers, auditors, regulators, and management.
3) XBRL works by defining a taxonomy or structure for financial data, then creating instance documents that tag financial statements and reports with that taxonomy so they can be read and analyzed by any software application using the same taxonomy definitions.
XBRL stands for eXtensible Business Reporting Language. It is one of a family of "XML" languages which is becoming a standard means of communicating information between businesses and on the internet.
XBRL is a standardized language used to tag and exchange financial data, allowing more efficient reporting and analysis. It works by assigning standardized tags to individual data points, like revenues or expenses. These tags are organized into taxonomies to define how data should be reported in specific contexts. When financial information is tagged with XBRL and shared, software can automatically extract and interpret the tagged data points. This streamlines reporting and analysis tasks while reducing errors. As more organizations adopt XBRL, it is becoming the global standard for defining and sharing business and financial information electronically.
Extensible business reporting language xbrl a new dimension in financial r...Sara Porras
Enofe, A., & Amaria, P. (2011). EXTENSIBLE BUSINESS REPORTING LANGUAGE XBRL: A NEW DIMENSION IN FINANCIAL REPORTING. International Journal Of Business, Accounting, & Finance, 5(1), 78-90.
Tomado de: Base de datos Universidad Javeriana Business Source Complete (EbscoHost)
XBRL is a worldwide standard for exchanging business and financial reporting information. It provides a structured format for financial reports using XML tags. This allows computers to read, analyze, and exchange financial data more easily. The document discusses XBRL concepts and taxonomies, which define the elements used for tagging financial information. It also covers the MCA mandate in India for public companies to file financial statements in XBRL format.
XBRL is a business reporting standard that uses XML tags to standardize business reporting information. It was created to address issues with existing financial reporting processes, such as duplicated validation efforts and errors from manual data handling. XBRL works by defining concepts like assets and income that make up taxonomies for reporting specific data. It features integration with regulatory agencies, import/export from Excel, automated calculations, and audit trails to support financial statements. Adopting XBRL provides benefits like consistent global standards for electronic business reporting.
This document provides an overview of key concepts in XBRL (eXtensible Business Reporting Language), which is a standard for electronic communication of business and financial data. It defines terminology used in XBRL and explains how taxonomies define financial reporting concepts and how instance documents contain fact values that use these concepts. Taxonomies and instance documents are structured using XML.
The document discusses how XBRL (Extensible Business Reporting Language) can improve financial reporting by allowing financial data to be tagged and exchanged in a standardized, machine-readable format. It outlines how XBRL reduces costs and improves efficiency of financial analysis by enabling automated extraction and comparison of financial data. The SEC now mandates public companies to submit financial reports in XBRL format.
Week 1: Creative Writing: A Technical Approachmcarper
This is the powerpoint for week 1 of the U. Reddit course "Creative Writing: A Technical Approach." In this installment is an introduction to the course and a lesson on brainstorming and drafting.
El documento detalla el programa de la maratón de lecturas de 2010, incluyendo los lectores, músicos, y niños participantes. Habrá lecturas durante la Semana del Día del Libro con lectores como Alejandra Mejía, Ma Josefa González, y los niños Ana, Beatriz, Juan y Teresa. La música será provista por Carlos Coca en el saxofón y Pablo Gigosos en la flauta, entre otros.
Sabrina Adams was evacuating New Orleans ahead of Hurricane Katrina but her car broke down due to radiator issues. She pulled over to the side of the busy highway, which was packed with others also evacuating slowly. Her radiator emitted a final puff of smoke as it failed completely. Sabrina knew the radiator needed replacing but had kept putting it off, and now she was stranded as the hurricane approached. She got out and saw traffic backed up for miles as tens of thousands fled the city, knowing that with its location in a low-lying bowl, New Orleans could be devastated by the storm surge from a direct hit.
El documento resume el AstroCamps 3 que tuvo lugar el 27 y 28 de abril de 2013 en Copacabana. Se instaló un pluviómetro que midió 1 mm de lluvia el sábado entre 6:30 pm y 7:00 pm y 1 mm el domingo entre 4:00 am y 4:45 am para un total de 2 mm. Se incluyen fotos de los miembros de la Sociedad Julio Garavito y de algunas de las carpas de los asistentes.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
This survey collects demographic information about respondents' media consumption habits, including cinema-going frequency, TV viewing, social media and magazine reading. Questions cover age, gender, film and TV genres of interest. Data is gathered on when and with whom respondents go to the cinema, how much TV and time online they spend daily, and which channels and websites they use. The purpose is to understand audiences and what drives their choices in entertainment.
The document discusses how the film "The Magician" attracts different audiences. It targets an 18-30 year old audience by using some color film techniques similar to "Sin City". It attracts males with the magician's attractive assistant wearing revealing clothing and the exciting nightclub setting. It attracts females with the handsome lead actor and potential romantic relationship storyline. While targeting niche groups interested in magic, it aims to attract broader mainstream audiences through its visual style inspired by the popular film "Sin City".
This document provides an overview of using XBRL (eXtensible Business Reporting Language) for financial reporting according to IFRS (International Financial Reporting Standards) and US GAAP (Generally Accepted Accounting Principles). It acknowledges contributions from various sources and organizations in developing an understanding of XBRL taxonomy frameworks.
The document provides an overview of the US Financial Reporting Taxonomy Framework (USFRTF) from an accountant's perspective. It explains that the USFRTF is a collection of taxonomies that expresses financial reporting concepts in accordance with US GAAP for public companies. While not definitive, the USFRTF provides a standardized way to tag financial information using XBRL. It aims to reflect common reporting practices but allows for flexibility, as companies can modify it or create extension taxonomies. The USFRTF was created through consensus among accounting firms and is intended as a starting point, not a replacement, for existing financial reporting guidance and tools.
The document provides information about Florida International University's College of Business. It discusses the various graduate programs offered including MBAs, specialized masters programs, and joint degrees. It highlights features of several prominent programs including the International MBA, Healthcare MBA, Executive MBA, Master of International Business, Master of Science in Finance, and Master of Science in Management Information Systems. The document emphasizes how program features provide benefits to students and proofs of benefits such as employment outcomes, certifications earned, and networking opportunities. It also outlines career management services available to students.
XBRL reporting is becoming a norm rather than an exception for a lot of companies. This document introduces XBRL, how it is enabled and works in 11i and R12 and how it can be viewed. This standardized powerful reporting option is a must-know for all users supporting financial users.
This document provides an overview of using XBRL dimensions to express multidimensional information in financial reporting. It begins with examples of how dimensions like segments, products, and time periods are commonly used in reporting. It then explains key concepts around multidimensional analysis and how XBRL dimensions can be used to define relationships between different data points in a way that computers can understand.
This document provides an introduction to using XBRL (eXtensible Business Reporting Language) for financial reporting according to International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP). It explains what XBRL is, how it works, and the benefits it provides for the exchange of financial information. The document also outlines the contents of the book and conventions that will be used.
This document discusses business rules and their use in financial reporting using XBRL. It begins by defining key concepts like semantics, metadata, and business rules. It explains that business rules express the semantic meaning of financial data and reports. The document then provides examples of how business rules can be used to express financial reporting relationships, calculations, and disclosure requirements. It argues that expressing business rules in a standardized way through XBRL can improve financial analysis and reporting.
This document provides examples for creating financial statements using eXtensible Business Reporting Language (XBRL). It begins with simple examples like creating financial highlights and progresses to more complex areas like explanatory disclosures. For each example, it describes the reporting scenario, data used, required taxonomy extensions, and steps to create the XBRL instance document and related taxonomy components. The goal is to give readers a "cookbook" for expressing real-world financial information in XBRL through worked examples that gradually increase in complexity.
Accounting Information Systems - XBRL Research PaperKesha Haley
*Please do not use any material in this document without proper citation. The use of any material in this document without such citation constitutes plagiarism. Thank you.*
This paper was completed in partial satisfaction of course requirements for ACCT 8230 - Accounting Information Systems - at Kennesaw State University during the Spring 2009 semester. The paper explores the new form of submitting financial statements, XBRL (eXtensible Business Reporting Language), a subset of XML (eXtensible Markup Language).
XML is a standard of data exchange between web applications such as in e-commerce, elearning
and other web portals. The data volume has grown substantially in the web and in
order to effectively retrieve or store these data, it is recommended to be physically or virtually
fragmented and distributed into different nodes. Basically, fragmentation design contains of
two parts: fragmentation operation and fragmentation method. There are three different kinds
of fragmentation operation: Horizontal, Vertical and Hybrid, determines how the XML should
be fragmented. The aim of this paper is to give an overview on the fragmentation design
consideration.
XBRL (eXtensible Business Reporting Language) is a standard for electronic communication of business and financial data that addresses issues with traditional manual financial reporting processes. It allows companies to produce reports more quickly and accurately according to a common global standard. XBRL works by applying standardized "tags" to each item in a financial report to identify what it represents and how it relates to other items, like barcodes. This allows for faster and more efficient retrieval and comparison of financial data.
The document describes the process of generating a rendering from a set of financial facts or a component. It begins with identifying the slicers, or characteristics that are the same across all facts, and repositioning them. Next it examines the relations between concepts and identifies the dimensions in the data. The goal is to leverage these relationships and dimensions to transform the set of facts into a more human-readable rendering.
The document discusses how XML and Microsoft technologies provide an ideal platform for developing and deploying next-generation OSS/BSS solutions. It notes the limitations of legacy OSS/BSS systems and standards, and how XML addresses this by allowing data from different sources to be integrated and solutions from different vendors to interoperate. It describes how the Microsoft OSS Working Group is defining XML schemas to advance OSS/BSS applications for service provisioning, billing, and management.
This document provides an introduction to XBRL (eXtensible Business Reporting Language), which is an open standard for electronic business reporting that allows data to be tagged and exchanged. It discusses how XBRL uses XML schemas called taxonomies to define reporting elements, and instance documents to share tagged data based on those schemas. The goal of XBRL is to standardize business reporting so data can be more easily compared and aggregated for regulatory purposes.
This document discusses modeling financial reporting concepts in taxonomies using XBRL. It describes 20 common patterns found in financial reporting, from simple to complex, and provides taxonomy and sample instance files to illustrate each pattern. The goal is to help those creating XBRL taxonomies understand and apply these patterns to build taxonomies that are consistent, comparable, and correctly express real-world financial reporting concepts and data.
Sap Payroll Cluster Repair Whitepaper V1.0amau2000
The document describes programs for checking and repairing defective payroll clusters in SAP systems. It provides an overview of payroll clusters and how they are used to store payroll data. It then details two programs for checking and repairing specific payroll clusters (RQ and B2), including finding defective clusters, handling exceptions, and reconstructing or creating empty clusters. The document also describes transporting individual cluster entries from a backup system as a preferred method for repair over cluster reconstruction. It concludes with specifications around the application's performance, reliability, durability, and maintaining simplicity and aesthetics.
The document provides guidance on creating a dataflow in the Reportnet system. It describes roles in the dataflow process like data providers, requesters, and supervisors. It also outlines the main subsystems in Reportnet like the Central Data Repository (CDR) and Reporting Obligation Database. The document then gives step-by-step instructions on creating a dataflow, including developing an XML schema, delivery mechanisms, conversions, quality assurance scripts, workflows, translations, and aggregation approaches. It concludes with information on creating a new custom repository if using an alternative to CDR.
Xbrl the future of financial reporting by ca. nirmal ghorawatNirmal Ghorawat
This document provides an introduction to XBRL (eXtensible Business Reporting Language) and its benefits. It discusses that XBRL allows for automated processing of business information through tagging individual data items, reducing errors and manual work. XBRL development is led by XBRL International consortium. The document also notes that India has mandated filing of annual reports for specified companies using XBRL, and that XBRL adoption is growing worldwide for financial reporting.
Is it possible to create applications that rely on fewer volumes of data? Can applications really be made more intelligent if they deal with less data? And if so, in what ways can they reason? Can this be done on the existing data storage solutions or should we adopt new ones? Furthermore, how can applications deal with multimedia in order to take full advantage of them? How can multimedia be treated differently than text content? And finally, how can we apply all the mentioned above in today’s applications?
The document discusses integration techniques for IBM Lotus Notes and Domino with Office 2003 applications. It provides an agenda that includes demonstrations of integrating Word, Project, InfoPath and Visio with Notes/Domino using XML. It also discusses using Excel 2003 with Notes/Domino data and introducing web services. The presentation aims to showcase new ideas and tools for integration using standards like XML and web services.
The document provides an overview of XBRL (eXtensible Business Reporting Language) including its definition, how it works, benefits, and the SEC mandate requiring public companies to tag their financial reports in XBRL format. It discusses the SEC timeline, reporting requirements, and lessons learned from the first few years of the mandate. It also outlines options for companies to outsource their XBRL implementation or do it in-house, and the key considerations for each approach.
P REFIX - BASED L ABELING A NNOTATION FOR E FFECTIVE XML F RAGMENTATIONijcsit
XML is
gradually
emplo
yed as
a standard of data exchange
in
web
environment
since its inception
in the
90s
until
present
.
It
serves
as a data exchange between system
s
and other application
s
.
Meanwhile t
he data
volume has grown substantially
in the web and
thus effective methods
of
storing and retrieving
these
data
is
essential
.
One recommended way is
p
hysically or virtually
fragments
the large chunk of data
and
distributes
the fragments
into different nodes.
F
ragmentation design
of XML document
contains of two
parts: fragmentat
ion operation and fragmentation method. The
three
fragmentation o
peration
s are
Horizontal, Vertical
and Hybrid. It
determines how the XML should be fragmented.
This
paper
aims
to give
an overview on the fragmentation design consideration
and
subsequently,
propose a
fragmentation
technique
using
number addressing
.
This document provides an overview of validating XBRL instance documents and taxonomies. It discusses the purpose of validation, which is to ensure documents are syntactically and semantically correct. It also covers the benefits of validation for automated exchange of business information, and potential problems that can occur with validation.
The document discusses using software to create XBRL instance documents. It describes the basic functions of an instance creation tool, including opening and creating instance documents, adding taxonomy mappings, validating documents, and importing/exporting data. The tool allows users to build XBRL instances by mapping financial reporting data and concepts from taxonomies.
This document provides instructions for using software to create XBRL taxonomies and instance documents. It begins with an overview of the software's features for working with taxonomies, such as creating, opening, saving, printing and validating taxonomies. It then provides exercises walking through building basic taxonomies, including creating elements, links and extending existing taxonomies. The exercises are intended to familiarize users with the basic functionality of the software.
XBRL provides benefits for businesses exchanging financial information. It allows for both broad access to data (reach) and detailed, timely data (richness). XBRL uses open standards like XML, which lowers costs compared to proprietary formats. Metadata and business rules are key concepts - metadata provides structure and meaning for data, while business rules automate validation and workflows. Overall, XBRL enables automated exchange of high-quality financial data between businesses, regulators, and other parties in a consistent, cost-effective manner.
This document is the preface to a book about using XBRL (eXtensible Business Reporting Language) for financial reporting according to IFRS and US GAAP standards. It discusses how the emerging semantic web and XBRL can transform financial reporting by facilitating the automated exchange of financial data between computers without human involvement. The book aims to explain what XBRL is, how it works today, and how it may develop further to streamline the financial reporting process and make information sharing more useful, timely and cost-effective for all participants.
This document provides a guide to using the Extensible Business Reporting Language (XBRL) for financial reporting according to International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP). The guide was written by Charles Hoffman, who played a major role in developing XBRL. It covers the business case for XBRL, an overview of XBRL including its history and capabilities, how to get started using XBRL, and advanced topics such as modeling financial reporting concepts and validating XBRL documents.
The document discusses different approaches to extending XBRL, including XML extensibility, XML Schema extensibility, basic XBRL extensibility using link roles and arc roles, and custom extensions. It provides examples of each approach and explains how portable, or reusable in other environments, each extension method is.