Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,590,097,386 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

XBRL

   Also found in: Acronyms, Wikipedia 0.01 sec.
XBRL
(EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts. In 2008, approximately 50 U.S. companies reported financial data in XBRL to the Securities and Exchange Commission (SEC). In that same year, the SEC mandated that companies with more than $5 billion in capitalization must file in XBRL by June 2009, and all publicly traded companies and mutual funds must comply by 2011. For more information, visit www.xbrl.org. See XML.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Mentioned in?  References in periodicals archive?   Encyclopedia browser?   Full browser?
No references found
 
EXECUTIVE SUMMARY * While the United States and Asia focus on XBRL for use in capital markets, Europe has developed an eye-opening array of governmentwide and cross-border applications that can share consistently structured XBRL data for both public and private companies.
For those familiar with the term "eXtensible Business Reporting Language" -- or its acronym, XBRL -- but who have not yet learned about it, it's time to lift your head out of the sand.
[ILLUSTRATION OMITTED] The SEC has made it clear that XBRL is the future of financial reporting by publishing a rule proposal that, if enacted in its current form, will make XBRL submission to EDGAR mandatory, starting in the first quarter of 2009.
 
 
 
Encyclopedia
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.