What Is XBRL And How Does It Work?
XBRL (eXtensible Business Reporting Language) is a sophisticated XML-based framework designed to improve the usefulness of business and financial data. With XBRL, financial facts, whether numeric or narrative can be tagged in such a way that computers can "understand" more about those facts than would otherwise be possible.
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Want to get a head start on XBRL?
The SEC's XBRL voluntary program is a chance for you to get involved in the future of SEC disclosure ahead of time. Your participation will help you identify future needs for your business. But how do you evaluate the program's benefits? How will participation impact you, and what does it involve?
How can Bowne help you?
Our goal is to help you make good decisions in this changing environment and select the solution that fits your business process. Whether you're in investment management or corporate finance, we have the tools to help you get involved in the process.
As an active member of XBRL International, a not-for-profit steering group of over 500 firms dedicated to the development and advancement of XBRL, we continue to position ourselves at the forefront of this emerging technology. We will serve as a strategic partner to those companies interested in participating in the SEC pilot programs in preparation for the mandated use of XBRL.
Send a powerful message to your investors and prospects
XBRL and the SEC's filing program provide you with the opportunity to demonstrate not only your commitment to full disclosure and financial transparency for investors, but also your leadership role in driving new technology initiatives and reporting efficiencies.
