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    Extensible Business Reporting Language) : Presented by Biswabhusan Pradhan MFC, Part-I

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    Biswabhusan Pradhan
    XBRL (eXtensible Business Reporting Language) is a data-rich dialect of XML that provides a common electronic format for business reporting. It tags each segment of computerized business information with an identification code, creating a barcoding system for financial statement items. Taxonomies are the computer-readable dictionaries of XBRL that enable computers to understand tags and their relationships. XBRL works by applying unique identifying tags to financial data and showing how items relate, allowing customization for different reporting needs while offering benefits like faster searches and less data re-entry.

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    Extensible Business Reporting Language) : Presented by Biswabhusan Pradhan MFC, Part-I

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    Biswabhusan Pradhan
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    XBRL (eXtensible Business Reporting Language) is a data-rich dialect of XML that provides a common electronic format for business reporting. It tags each segment of computerized business information with an identification code, creating a barcoding system for financial statement items. Taxonomies are the computer-readable dictionaries of XBRL that enable computers to understand tags and their relationships. XBRL works by applying unique identifying tags to financial data and showing how items relate, allowing customization for different reporting needs while offering benefits like faster searches and less data re-entry.

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    XBRL

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    XBRL (eXtensible Business Reporting Language) is a data-rich dialect of XML that provides a common electronic format for business reporting. It tags each segment of computerized business information with an identification code, creating a barcoding system for financial statement items. Taxonomies are the computer-readable dictionaries of XBRL that enable computers to understand tags and their relationships. XBRL works by applying unique identifying tags to financial data and showing how items relate, allowing customization for different reporting needs while offering benefits like faster searches and less data re-entry.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    11 views7 pages

    Extensible Business Reporting Language) : Presented by Biswabhusan Pradhan MFC, Part-I

    Uploaded by

    Biswabhusan Pradhan
    XBRL (eXtensible Business Reporting Language) is a data-rich dialect of XML that provides a common electronic format for business reporting. It tags each segment of computerized business information with an identification code, creating a barcoding system for financial statement items. Taxonomies are the computer-readable dictionaries of XBRL that enable computers to understand tags and their relationships. XBRL works by applying unique identifying tags to financial data and showing how items relate, allowing customization for different reporting needs while offering benefits like faster searches and less data re-entry.

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    Presented by Biswabhusan Pradhan MFC,Part-I

    (EXTENSIBLE BUSINESS REPORTING


    LANGUAGE)

    What is XBRL
    XBRL is a data-rich dialect of XML (Extensible

    Markup Language) XBRL is a world-wide standard ,developed by an international ,non-profit-making consortium XBRL International Inc. It was developed to communicate information between business & other users of financial information. XBRL provides a common electronic format for business reporting.

    XBRL tags: XBRL is a computer programming add-on that tags each segment of computerised business information with an identification

    code or marker. It is a bar coding system for items appearing in the financial statement.

    XBRL Taxonomies
    Taxonomies are the computer-readable dictionaries of XBRL. Taxonomies enable computers with XBRL software to 1- understand what the tag is (eg;whether it is a monetary item , a percentage or text)

    2-What characteristic the tag has (eg;if it has a ve value) 3- Its relationship to other items (eg;if it is part of a calculation) Taxonomies differ according to reporting purposes.

    How XBRL works


    XBRL is a powerful & flexible version of XML It enables unique identifying tags to be applied

    to items of financial data; such as net profit. XBRL can show how items are related to one another. XBRL is easily extensible (customisable) ,so organisations can adopt it to meet variety of special requirments.

    Benefits of XBRL
    XBRL offers major benefits at all stages of business reporting & analysis
    No rewrites of financial reports

    Fast, accurate searches in internet


    Less need to re-enter data

    THANK YOU

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