> IBM Business Analytics > 23 Reasons Why Companies Choose Integrated XBRL

23 Reasons Why Companies Choose Integrated XBRL

Published By: IBM Business Analytics
IBM Business Analytics
Published:  Jun 23, 2011
Length:  7 pages

eXtensible Business Reporting Language (XBRL) is a standard designed to improve accuracy and reliability in the electronic transmission of enterprise financial data. The standard was developed by an international non-profit consortium of approximately 450 major companies, organizations and government agencies. XBRL can dramatically improve the automated processing of business information by tagging data, rather than processing information as text.

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