This is often called the cross-context rule and relates to defining some elements as "For period" duration and others as "As of date" instant. The Table Linkbase can be used for presentation of XBRL data, and also for data entry, by allowing software to present a template for completion by the user.
There are four standard types of relationships supported by the definition linkbase.
The sign of the relationship depends on the weight attribute that is assigned to the arc connecting two elements. XBRL allows the creation of different labels depending on the context in which an element will be used.
The amendments also eliminate the requirements for operating companies and funds to post XBRL data on their websites. Tax authorities that need financial statements and other compliance information from companies in order to process and review their corporate tax affairs.
Second, the measurement reference provides explanations about what determines the value of the element and how it should be calculated.
Label Linkbase[ edit ] This linkbase provides human readable strings for concepts. In addition to the core XBRL 2.
The standard has been developed and refined over more than a decade and supports almost every kind of conceivable reporting, while providing a wide range of features that enhance the quality and consistency of reports, as well as their usability.
This allows the elements to be arranged in a structure that is appropriate to represent the hierarchical relationships in particular business data. Information in reports prepared using the XBRL standard is interchangeable between different information systems in entirely different organisations.
Instead, it points to source documents by identifying their name and indicating the relevant paragraphs and clauses. Investors that need to compare potential investments and understand the underlying performance of existing investments.
Multi-lingual Support XBRL allows concept definitions to be prepared in as many languages as necessary. To state that meaning of these two is the same and that they can be used interchangeably, taxonomy creators may connect them using "essence-alias" arcrole.
Website posting requirement elimination The requirement for operating companies and funds to post XBRL data on their websites will be eliminated upon the effective date of the amendments. Supply chains that need to exchange information to help manage risk and measure activity.XBRL International is a global not for profit operating in the public interest.
Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting. XBRL (Extensible Business Reporting Language), is a freely available XML-based specification that uses accepted financial reporting standards and practices to exchange financial statements across all software and technologies.
XBRL (eXtensible Business Reporting Language) is an open technology standard for financial reporting, based on XML (eXtensible Markup Language). While XBRL documents can be viewed only with specialized XBRL viewers. The Securities and Exchange Commission voted on June 28,to adopt amendments to eXtensible Business Reporting Language (XBRL) requirements for operating companies and funds.
The amendments are intended to improve the quality and accessibility of XBRL data. The amendments, which will go into. XBRL (eXtensible Business Reporting Language) is a freely available and global framework for exchanging business information. XBRL allows the expression of semantic meaning commonly required in business reporting.
The language is XML-based and uses the XML syntax and related XML technologies such as XML Schema, XLink, XPath.
Extensible Business Reporting Language (XBRL) EXtensible Business Reporting Language, or XBRL, is an XML-based language for the electronic transmission of business and financial data.
The use of this technology provides benefits in the preparation, uploading, and analysis of financial data.Download