Welcome to XBRL Blog!

This BLOG is devoted to XBRL – eXtensible Business Reporting Language. It is an XML dialect developed for business reporting purposes.

There are two key items that are fundamental to understanding XBRL. The first item is what is called a taxonomy. The second item is called an instance document. A taxonomy may refer to either a hierarchical classification of things. Almost anything may be classified according to some taxonomic scheme. For example, in an accounting taxonomy, cash is a subset of current assets which itself is a subset of total assets. Once the taxonomy is agreed, the data is then mapped to the taxonomy and the result is called an instance document which contains the (XML) tagged data.

This BLOG is about those two things, XBRL specifications, XBRL in action, upcoming events,…