23 reasons why companies choose integrated XBRL

Overview

eXtensible Business Reporting Language (XBRL) is a standard designed to improve accuracy and reliability in the electronic transmission of enterprise financial data.

Companies around the world must determine how they will approach compliance with the mandated use of XBRL. Approached properly, XBRL can significantly accelerate financial reporting, decrease errors, streamline processes and ultimately, lower costs.

XBRL: eXtensible Business Reporting Language is a standard designed to improve accuracy and reliability in the electronic transmission of enterprise financial data.

This white paper explores XBRL, why it has been introduced, its benefits, cost savings and more.