Question: 1- XBRL (eXtensible Business Reporting Language) XBRL is a programming language designed specifically to facilitate the communication of business information. Accountants should be able to

1- XBRL (eXtensible Business Reporting Language)

XBRL is a programming language designed specifically to facilitate the communication of business information. Accountants should be able to evaluate the application of accounting information systems to the evaluation of various business issues. XBRL will be useful to accountants in this regard.

Required

(a) Evaluate the application of XBRL to the provision of information in business settings.

(2 Marks)

(b) Explain how accountants can, and should, play a major role in all phases of producing XBRL reports. (2 Marks)

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