
XBRL
XBRL, or eXtensible Business Reporting Language, is a digital language used to communicate financial and business data in a standardized format. It enables companies to easily prepare, share, and analyze financial reports by tagging information with labels that describe its meaning. This makes it easier for investors, regulators, and analysts to compare and interpret financial information across different organizations. Essentially, XBRL enhances transparency, accuracy, and efficiency in financial reporting, helping users access important business data more effectively.