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XBRL International: An Introduction to XBRL

XBRL International provides An Introduction to XBRL. That is a pretty good explanation of what XBRL is.  XBRL International provides this concise statement as to what XBRL is:

In a nutshell, XBRL provides a language in which reporting terms can be authoritatively defined.

Later in the web page in the section What are some of the most important features of XBRL?; these four important features are highlighted:

  • Clear definitions
  • Testable business rules
  • Multi-lingual support
  • Strong software support

The most important thing that I see here is people are finally making the connection between "clear definitions" and "testable business rules".  As I have pointed out, business rules are key to achieving a meaningful exchange of information.

Posted on Tuesday, August 11, 2015 at 08:05AM by Registered CommenterCharlie in | CommentsPost a Comment

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