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Package XBRL March 28, 2017, Type Package Title Extraction of Business Financial Information from 'XBRL Documents Version 0.99.18 Date 20170327 Author Roberto Bertolusso Maintainer Roberto Bertolusso
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How to fill out package XBRL:

01
Understand the requirements: Familiarize yourself with the specific regulations or guidelines that govern the filing of XBRL for your particular jurisdiction or industry. This will help you understand the information you need to provide and the formatting requirements for the XBRL package.
02
Prepare your financial statements: Ensure that your financial statements are accurate, complete, and up-to-date. Review the information and make any necessary adjustments before proceeding with the XBRL filing.
03
Choose the appropriate software: Select a reliable XBRL software tool that is capable of creating and validating XBRL instances. This tool will assist you in tagging and mapping your financial data to the appropriate XBRL taxonomy.
04
Understand the taxonomy: Familiarize yourself with the XBRL taxonomy that corresponds to your industry or reporting requirements. The taxonomy defines the specific tags or elements that will be used to describe and classify your financial data.
05
Tag your financial data: Use the chosen XBRL software to tag each item of data in your financial statements with the corresponding XBRL element from the taxonomy. This ensures that the data is properly categorized and can be easily understood by regulators or other stakeholders.
06
Validate the XBRL instance: Once you have tagged all the necessary data, use the XBRL software tool to validate your XBRL instance file. This will help identify any errors or inconsistencies in the tagging, allowing you to make corrections before submission.
07
Review and finalize: Take the time to review your XBRL package to ensure accuracy and completeness. Check for any missing or misclassified data and make any necessary adjustments.
08
Submit the XBRL package: Once you are confident that your XBRL package is complete and accurate, submit it to the relevant regulatory authority or other designated recipients.

Who needs package XBRL:

01
Companies: Companies of all sizes and industries may need to file XBRL packages as part of their regulatory reporting requirements. This includes publicly traded companies, private companies, and non-profit organizations.
02
Regulators: Regulatory authorities and government agencies responsible for overseeing financial reporting may require companies to submit XBRL packages. This allows them to analyze and compare financial data more efficiently.
03
Analysts and investors: Professionals in finance, such as analysts and investors, may utilize XBRL data to perform financial analysis and make informed investment decisions. XBRL packages provide standardized and machine-readable financial information that can be easily analyzed and compared across multiple companies.
04
Credit rating agencies: Credit rating agencies may also rely on XBRL packages to assess the creditworthiness of companies and industries. The standardized data format allows for easier comparison and evaluation of financial performance.
05
Researchers and academics: Researchers and academics in the field of finance and accounting may use XBRL data for various studies and research projects. The availability of structured and standardized data can facilitate their analysis and enable more accurate and reliable research findings.
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Package XBRL is a standardized format for electronic communication of business and financial data.
Certain companies and entities are required to file package XBRL, such as public companies, mutual funds, and credit rating agencies.
Package XBRL can be filled out using specialized software that allows users to tag financial data with standardized labels.
The purpose of package XBRL is to improve the accuracy and reliability of financial reporting by making it easier to analyze and compare data.
Package XBRL typically includes financial statements, footnotes, and other related information in a structured, machine-readable format.
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