Xbrl.org

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Overview & More informations

XBRL.org is a non-profit consortium that develops and maintains the XBRL (eXtensible Business Reporting Language) standard. XBRL is an XML-based language that allows businesses to exchange financial data in a standardized format. This makes it easier for businesses to share data with each other, with regulators, and with the public.

XBRL.org was founded in 1999 by a group of leading businesses, software vendors, and accounting firms. The consortium has since grown to include over 600 members from around the world. XBRL.org is headquartered in New York City.

The XBRL standard has been adopted by a number of countries and jurisdictions, including the United States, the European Union, and Japan. The US Securities and Exchange Commission (SEC) requires all publicly traded companies to file their financial statements in XBRL format.

XBRL has a number of benefits for businesses. It can save time and money by reducing the need for manual data entry. It can also improve the accuracy and consistency of financial data. XBRL can also make it easier for businesses to compare their financial performance to that of other companies.

In addition to the XBRL standard, XBRL.org also develops other resources and tools to support the use of XBRL. These resources include a library of XBRL taxonomies, a software development kit, and a training program.

XBRL.org is a leading advocate for the adoption of XBRL. The consortium works with businesses, governments, and other organizations to promote the use of XBRL and to develop new XBRL-based applications.

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