Category Archives: XBRL

Why Accountants Should Care About XBRL

By | January 10, 2021
In today’s digital age, it is more important than ever that accountants understand the techniques used to transmit financial information across the world. One such technique is called eXtensible Business Reporting Language (XBRL). Since its inception in 2003, XBRL has grown rapidly with the rise of electronic financial information. In 2018, the SEC adopted a phased timeline to transition companies to comply with Inline XBRL (IXBRL)...