Course Description: XBRL is revolutionizing business and financial reporting around the world. It is a reporting language which electronically communicates business and financial data globally. Besides providing major benefits in the preparation, analysis and communication of business information, it also offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data, claims XBRL International.
This course will begin by recapping why and how XBRL came into existence and then defining XBRL. We will next discuss a few of the more common uses of XBRL reporting and some of its benefits.
You will then be introduced to how XBRL reporting works through the use of taxonomies and specifications. As part of this process, you will be provided with a glossary of the more common XBRL related terminology
Additional Course Details
- Book Title: Revolutionizing Financial Reporting
- Author: Colleen Neuharth
- Course Level: Basic & Intermediate
- Interactive: Yes
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