Creating XBRL reports frequently requires making explicit information that was previously only implicit. Human readers often infer information from context and convention, whereas the goal of XBRL is to create unambiguous, standalone structured data. A good example of this is the handling of dates and time periods. Reports use a wide range of date layouts […]
This article was first published in the Summer 2024 issue of ThinkTWENTY20. It is authored by John Turner, CEO of XBRL International. Corporate reports provide vital information on business performance, governing a wide range of decisions by investors, regulators, creditors, customers and other stakeholders. Reports can have an enormous impact on an organization’s value and […]
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