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XBRLS specifies a subset of XBRL that is designed to meet the needs of most business users in most situations, and offers it as a starting point for others. This approach creates an application profile of XBRL (equivalent to a database view but concerned with metadata , not data ).
XBRL is an open standard "language" for the digital exchange of reports. The taxonomy "enables businesses to generate the required reporting information directly from their own records and the government, to then process this information efficiently and effectively". [7] Data exchange via Digipoort takes place through XBRL as much as possible.
NEXT shares a checklist to help small businesses navigate tax preparation, bookkeeping, financial analysis, business strategy, and more. End of the year business checklist: 7 tasks to do now Skip ...
XBRL (eXtensible Business Reporting Language) is a freely available global framework for exchanging business information. XBRL allows the expression of semantics commonly required in business reporting. The standard was originally based on XML, but now additionally supports reports in JSON and CSV formats, as well as the original XML-based syntax.
The XBRL Global Ledger Taxonomy Framework (XBRL GL) is a holistic and generic XML and XBRL-based representation of the detailed data that can be found in accounting and operational systems, and is meant to be the bridge from transactional standards to reporting standards, integrating the Business Reporting Supply Chain.
But in other cases, there’s little justification for tracking your whereabouts, which then can be exploited by apps, ad services or even hackers. “From fitness tracking to navigation, every location ping potentially reveals details about our routines and movements – which could be risky in the wrong hands," said Darren Guccione, CEO of ...
XBRL was originally the work of the AICPA, created as a way to advance financial reporting and facilitate the global exchange of financial data.XBRL International was created to ensure compatibility and agreement among industry members and to promote adoption of the standard around the world.
An XBRL report is part of a digital reporting supply chain. The auditor should not focus only on the reliability of the report itself. It is better to focus on the whole supply chain including the communication over a network of the report. The auditor needs to check if the report that has been sent (and received) is complete and in time.