Question: Why is XBRL so important to efficient Web-based business reporting?

Why is XBRL so important to efficient Web-based business reporting?

Step by Step Solution

3.34 Rating (151 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

XBRL which stands for eXtensible Business Reporting Language is important for efficient webbased business reporting for several reasons Standardization XBRL provides a standardized format for represen... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Information Systems Questions!