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XBRL

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AcronymDefinition
XBRLeXtensible Business Reporting Language


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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.
 
 
 
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