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March 03, 2005
XBRL
I was at a business lunch today and there was a fellow there from Business Wire. He told me that XBRL/eXtensible Business Reporting Language is very hot when it comes to distributing news. More: XBRL
is a language for the electronic communication of business and
financial data which is set to revolutionise business reporting around
the world. It provides major benefits in the preparation, analysis and
communication of business information. It offers cost savings, greater
efficiency and improved accuracy and reliability to all those involved
in supplying or using financial data. XBRL stands for eXtensible Business Reporting Language.
It is one of a family of "XML" languages which is becoming a standard
means of communicating information between businesses and on the
internet.
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Posted by Mitch on March 3, 2005 09:09 PM | PermalinkTrackback Pings
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