0
An XBRL taxonomy is a standardized classification system that defines the structure and format for tagging financial and business data in a machine-readable format. It provides a common language for organizing and exchanging financial information, allowing for easier analysis and comparison of data across different entities and industries.
What else can I help you with?
What is the scientific name of taxonomy?
Taxonomy is the scientific name for Taxonomy.
What the taxonomy genus of a angora rabbit?
The taxonomy genus of an Angora rabbit is Oryctolagus.
What level of taxonomy is the most specific?
The most specific level of taxonomy is species.
What is alpha taxonomy?
Alpha taxonomy is the branch of taxonomy that deals with identifying, describing, and classifying species based on their morphological and anatomical characteristics. It is the first step in the process of cataloging and naming organisms.
Who is father taxonomy?
There is no specific individual known as Father Taxonomy. Taxonomy is the science of classifying organisms into different categories based on shared characteristics. The term "father" is not typically used in this context.
What are the benefits to using XBRL to manage information for cost of goods manufactured?
There are a number of XML-based standards for inventory/cost of goods. XBRL uniquely standardizes both the underlying detail (with XBRL's global ledger taxonomy framework, aka XBRL GL) and the summary totals (US GAAP Financial Reporting Taxonomy and/or IFRS Taxonomy).
How can you learn XBRL language?
XBRL isn't a single language - it is a means of creating languages for specific business reporting purposes. Programmers may need to learn the XBRL 2.1 Specification to create general XBRL tooling. In the United States, you may want to know the specifics of XBRL for the banking mandate (FDIC/FFIEC) or the securities regulators mandates (SEC). Outside of the US, you will want to learn the XBRL specifics of the region that interests you the most: the UK HMRC mandate, the India MCA mandate, the EDINET mandate in Japan. For internal reporting, you would want to learn about XBRL GL. There are learning tools from XBRL International, XBRL US, the relevant authorities described above, software companies, audit firms and numerous other sources - there are videos and slides from conferences at the XII site, on Youtube and many other sources. XII is now offering a Foundation Certificate with 8 hours of CBT in the background of XBRL. XBRL US will be offering a certificate in the US GAAP Taxonomy. So you can learn the XBRL language through videos, slide decks, conferences, training classes, looking at examples from existing filings - it all depends "why" you want to learn XBRL.
When was XBRL International created?
XBRL International was created in 1999.
What is mena of xbrl?
XBRL is an organization (XBRL International) and jurisdictional representatives that oversees the development of the XBRL Specification and supports its adoption. The XBRL Specification defines the syntax and semantics of taxonomies and instances to represent business reporting data. XBRL taxonomies provide a formalization of business reporting for different regions and purposes. XBRL implementations are mandatory and voluntary environments in which XBRL taxonomies and instances are exchanged. XBRL is an agreement on the use of XML to streamline the data, rules and process of information exchanged throughout the business reporting supply chain - so that a piece of business reporting information, once entered into any computer, anywhere, never needs to be retyped.
What is mean by hierarchy in EXTENSIBLE business reporting labguage?
Broadly, a hierarchy is a superior/inferior or parent/child relationship. XML is inherently a hierarchical representation of information, as all information is encased in a single root, and some tags are encased within other tags. Within an XBRL instance document, all data is encased within the xbrl root tag. Where XBRL begins to diverge from most other XML implementations is that certain hierarchical relationships are not in the instance itself (XML complexTypes), although taxonomies that use XBRL's tuples (such as XBRL GL) are highly hierarchical in the traditional XML sense. XBRL's linkbases (e.g., presentation, calculation, definintion) permit a wide variety of hierarchical relationships that are communicated with the discoverable taxonomy set (DTS): the order and indentation of a presentation, the weighted summation of parents to children and other abstract relationships. Because of the use of the linkbases, the hierarchies defined by the original developers of the taxonomies can, where permitted and appropriate, be modified by industries, regions and Filers.
Can xbrl FILINGS be in 2 column format?
XBRL can be used to represent reports in 2 columns. However, XBRL, as with most XML derivatives, is not bound to a single presentation format. It is about all of the content and all of the context so you can present the data however you wish. Different regulators have requirements that limit the use of XBRL. Some, such as UK's HMRC, require an HTML format known as Inline XBRL which provides a fixed format along with the information needed to create the XBRL instances - those can be in a fixed 2 column format. The data to represent the 2 columns may be dates (current and prior year), reporting entities, classes of stock - and XBRL can represent multidimensional information. It should be noted that XBRL "filings" can be anything from simple reports to ad hoc reports to forms to batches of audit data. If you are speaking specifically about SEC filings, you will see the SEC's Viewer showing balance sheets in 2 column format.
Is there an object-oriented scripting language in Excel that lets you create your own classes?
Yes. The newest versions of MS Excel supports XBRL. Do a search for XBRL under help on Excel and follow the tutorials to learn how. It's very powerful. See also the SEC webpage on XBRL.
Which language allows enterprises to publish and share financial information with each other?
XBRL
What is the scientific name of taxonomy?
Taxonomy is the scientific name for Taxonomy.
The science of classifying living things is called?
The science of classifying living things is called taxonomy. Taxonomy involves naming and categorizing organisms based on their characteristics and evolutionary relationships.
What is the taxonomy of penicillin?
What is the taxonomy of penicillin?
What is taxonomy for wheat?
What is taxonomy for wheat
