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Extensible Business Reporting Language (XBRL) 2.1 2003-07-31 Update to the Public Working Draft of 2003-04-23 This version: XBRL-WD-2003-07-31.doc with separate provision of XML Schemas described
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How to fill out extensible business reporting language:

01
Start by familiarizing yourself with the specific reporting requirements of your organization or the regulatory body.
02
Collect all necessary financial data and other relevant information that needs to be included in the report.
03
Use an extensible business reporting language (XBRL) software or tool to create the XBRL instance document.
04
Define the necessary tags and labels for each piece of information in the document.
05
Link each tag to the corresponding data element in the report.
06
Ensure the accuracy and consistency of the data by reviewing and validating the XBRL document.
07
Once the document is complete, submit it according to the required submission process or to the designated authorities.

Who needs extensible business reporting language:

01
Organizations that are required to report financial information to regulatory bodies or government agencies often utilize XBRL.
02
Companies that need to comply with accounting standards and provide accurate financial reports to stakeholders can benefit from XBRL.
03
Investors, analysts, and financial professionals rely on XBRL to efficiently analyze and compare financial data across different companies or sectors.
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Extensible Business Reporting Language (XBRL) is a standardized language for the electronic communication of business and financial data.
Public companies, financial institutions, and other organizations as mandated by regulators are required to file XBRL.
XBRL data is typically prepared using specialized software that tags the financial information according to the XBRL taxonomy.
The purpose of XBRL is to standardize the way financial information is communicated and to improve the accuracy and efficiency of financial reporting.
XBRL is used to report financial statements, regulatory filings, and other business information in a standardized format.
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