A software module called an XML processor is used to read XML documents and provide access to their content and structure. It is assumed that an XML processor is doing its work on behalf of another module, called the application. This specification describes the required behavior of an XML processor in terms of how it must read XML data and the information it must provide to the application.
More sites about XML: www. They claim that they have grown into a centralized portal and have emerged as a valuable and leading resource to technologists, developers and businesspeople developing purpose-built XML languages.
The suite consists of files, each of which tests for a specific feature or combination of features in the second edition of the W3C's published XML 1. Article discussing Pegasus Solutions Inc. XHTML 1. The big question here is whether web browser providers will implement these standards? The coded information is then accessible to many users across all programs…. Publication of financial information in XFRML can save enormous amounts of time in researching and exporting information into other XML-aware applications.
Moreover, once the information is gathered, it can be imported into another XML application an Excel spreadsheet, for example by clicking on a menu item…. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. XBRL or eXtensible Business Reporting Language is a software standard that was developed to improve the way in which financial data is communicated, making it easier to compile and share this data.
Notably, eXtensible Business Reporting Language is an implementation of XML extensible markup language , which is a specification that is used for organizing and defining data online. XBRL uses tags to identify each piece of financial data, which then allows it to be used programmatically by an XBRL-compatible program. XBRL allows for easy transmission of data between businesses. Imagine that you are looking at a company's financial statements online on the company's website.
Traditionally, these statements would simply be in plain text. If you wanted to put these numbers into a spreadsheet file to run analysis on the statements, you would have to either manually type or copy and paste each account and corresponding number into the spreadsheet. However, if the data on the site was available in eXtensible Business Reporting Language XBRL , you could simply convert this data from the website into a spreadsheet program usually instantaneously that is XBRL compatible.
Due to the standardized nature of the identification tags and the language itself, financial data from one country, which has set accounting standards such as U. GAAP , can be easily compiled into the accepted accounting standards of another country even if they are drastically different. From there, organisations can more easily use and share data from the reports within the organisation and between organisations.
XBRL-aware applications can take advantage of the high level of specificity and self-describing nature of the tags to automatically process the information for purposes of reporting and analysis.
XBRL is independent of any hardware platform, software operating system, programming language or accounting standard. XBRL International is a not-for-profit consortium of approximately companies and agencies worldwide working together to build the XBRL language and promote and support its adoption. The consortium members meet periodically in international conferences, conduct committee work regularly via conference calls, and communicate in email and phone calls throughout the week.
Deloitte recognises and supports XBRL as a leading standard for managing and processing financial and business information and maintains a separate website dedicated to the case for XBRL. Click for www. The PFS Taxonomy includes XBRL representations of a classified balance sheet, an income statement, a statement of changes in equity, and a cash flow statement. The PFS Taxonomy encompasses the core financial statements that private sector and certain public sector entities typically report in annual, semi-annual, or quarterly financial disclosures as required by IAS 1.
Significant accounting policies and other explanatory notes are modelled in a separate XBRL taxonomy, the Explanatory Disclosures and Accounting Policies EDAP taxonomy, which has been released as a public working draft.
The root of an XBRL instance is the xbrl element. In this case, the xbrl element is the container for the XBRL instance. A large part of many taxonomy schemas is given over to the definition of the syntax for the concepts in that taxonomy.
A tuple is an element in the substitution group for the XBRL tuple element. Tuples are used to bind together the parts of a compound fact. Those constituent parts are themselves, facts but they must be interpreted in light of each-other. For example, the name, age and compensation of a director of a company need to be grouped together to be correctly understood.
They document the unit of measure for numeric items. Each unit element is only capable of documenting a single unit of measurement. Value-equal: c-equal items having either the same non-numeric value, or numeric values that are equal within some tolerance defined by the lesser of their respective precision, implied precision or decimals attributes.
XBRL instances contain business report facts, with each fact corresponding to a concept defined in their supporting DTS. XBRL instances also contain contexts and units that provide additional information needed to interpret the facts in the instance. See dimension member. An item in an instance whose element is an alias concept. Each one of the possibilities we can choose from the whole Dimension set. Two items of the same concept in the same context under the same parent. An item in an instance whose element is an essence concept.
Occurs when all the members are named. See dimension and dimension member. See dimension, dimension member, and explicit dimension in this chart. The namespace used for XBRL 2.
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