XBRL Course Training Institute in Delhi India

XBRL Course Training Institute in Delhi (The Institute of Professional Accountants)

Duration -(15 Hours)
Minimum Qualification Graduate

What is XBRL

XBRL stands for eXtensible Business Reporting Language. It is one of a family of "XML" languages which is becoming a standard means of communicating information between businesses and on the internet.  XBRL  eXtensible Business Reporting Language offers web enable financial reporting process to both consumers and agencies involved, traditionally financial information is treated as block of text, however XBRL provides computer readable tag to identify each individual item of data, it is done by attaching individual tags to individual piece of data, the business reporting document thus become “Intelligent” data thereby allowing the exchange of business reporting data by encoding it in meaningful way. Different  Computer Application can use XBRL data to recognize the relevant document for analyzing storing, and transferring into another format and present the whole information in variety of ways for the users.

XBRL is freely available XML based specification that uses and accepts financial reporting to exchange financial statements across all software and technologies around the world in standard format, it provides the financial wizards to prepare and publish financial information in variety of formats and reliable extracts. Corporate  can use XBRL language to save costs and streamline the  processes for collecting financial information. Consumers of financial data, including investors, analysts, financial institutions and regulators, can receive, find, compare and analyse data much more rapidly and efficiently if it is in XBRL format.