This is often called the cross-context rule and relates to defining some elements as "For period" duration and others as "As of date" instant.
This connection is created using "concept-reference" arcrole. Calculation Linkbase[ edit ] This linkbase associates concepts with other concepts so that values appearing in an instance document may be checked for consistency. This is the taxonomy schema of the above shown instance file: First, it provides a reference to a document which explains how and where the element should be presented in terms of its placement and labeling.
For example, concepts that appear on the Balance Sheet are instant: Taxonomy creators may also define different labels for one element. Most iXBRL financial reports are produced in one of two ways: Therefore, we assign weight attribute value to "1" on the arc connecting Gross profit and Revenue and "-1" between Gross profit and Cost of Sales.
In order to make it easier for computers to process their names, they have to obey some rules. Firstly, we cannot carry out operations on elements that have different values of the periodType attribute. The sign of the relationship depends on the weight attribute that is assigned to the arc connecting two elements.
This rule does not only disallow the addition of elements with opposite balance attributes—they must be subtracted—it also defines whether the numerical value contained within an element should be positive or negative.
It resembles "essence-alias" relation but is applied for tuples. Label Linkbase[ edit ] This linkbase provides human readable strings for concepts. A hierarchical calculation linkbase sorts all monetary elements in this way so that lower level elements sum up to or are subtracted from one another so that the upper level concept is the result of these operations.
The idea of the calculation linkbase is to improve the quality of an XBRL report. The XBRL Consortium is currently working on rendering solutions that would provide for the automatic creation of such reports.
Therefore, it is important to be able to create an element that is assigned with labels for different languages.
As mentioned above, elements can be assigned to labels in different languages. Instead, it points to source documents by identifying their name and indicating the relevant paragraphs and clauses.
A different conclusion was reached by Du et al. Hoffman predicts that per the current number of errors and the pace errors are being corrected, within about five years the information quality of XBRL-based public company financial reports will be very good. These groupings can be performed in many ways.
Financial concepts appearing on business reports more often than not stem from regulatory documents issued by authorities.
Each piece of contextual information is referred to as a "dimension. The first one is referred to as general-special.Find out the Definition, Meaning and Explanation of Extensible Business Reporting Language.
noun full form of XBRL. Posted on October 9, by Editor Posted in Accounting Dictionary. Add to favorites. Extensible. XBRL (eXtensible Business Reporting Language) is a freely available and global framework for exchanging business information.
XBRL allows the expression of semantic meaning commonly required in business reporting. XBRL, or eXtensible Business Reporting Language, is an XML standard for tagging business and financial reports to increase the transparency and accessibility of business information by using a uniform format.
a provider of eXtensible Markup Language (XML)-based e-content software for e-publishing, e-commerce, and B2B (business-to-business) e-marketplaces, and Extensibility, Inc. Arbortext Announces Alliance with Extensibility. Define extensible. extensible synonyms, extensible pronunciation, extensible translation, English dictionary definition of extensible.
adj. 1. Capable of being extended or protruded: an extensible tongue; extensible tables. This step by the SEC is only the latest to demonstrate the steady acceptance of the extensible business reporting.
The business reporting standard. A global community committed to improving reporting everywhere. News. AICPA Findings Reveal 45% Drop in XBRL Costs for Small Companies.
As reported in July, it was great news to hear that the cost of XBRL formatting for small US reporting companies have declined 45% sinceDownload