Metadata interprets every business report definition and relationship. The presentation linkbase stores information about relationships between elements in order to properly organize the taxonomy content.
Being market-driven, XBRL functions and resources are designed to suit developing market and business needs. First, it provides a reference to a document which explains how and where the element should be presented in terms of its placement and labeling.
It supports the use of XBRL taxonomy linkbases to define additional, structured contextual information for business facts.
Calculation Linkbase[ edit ] This linkbase associates concepts with other concepts so that values appearing in an instance document may be checked for consistency. This description can be found in IAS 7 paragraph Additionally, big taxonomies such as IFRS obey specific rules of naming and labelling to ensure consistency within the schema.
Instead, it points to source documents by identifying their name and indicating the relevant paragraphs and clauses.
With large and complex financial statements, a single iXBRL file may be too large for a web browser to handle. The XBRL Consortium is currently working on rendering solutions that would provide for the automatic creation of such reports.
This happens more often when, as in the UK, the company report, which may contain many graphics, is combined with the accounts in a single iXBRL document.
Taxonomy creators may also define different labels for one element. Taxonomies using XBRL Dimensions can define new dimensions, specify the valid values "domains" for dimensions, designate which dimensions apply to which business concepts through mechanisms called "hypercubes", and relate other taxonomy metadata labels, presentation information, etc.
For instance, a regulator may want to require disclosures on a particular component of Assets if it appears on the Balance Sheet.
The idea of the calculation linkbase is to improve the quality of an XBRL report.
The presentation linkbase, using parent-child relations organizes elements in this way and helps users find concepts they are interested in.
It distinguishes between concepts that have more generic or more specific meaning. It expressed the difference between data exchange in instance documents and metadata exchange in taxonomy documents.
For this reason, a taxonomy is often provided with a reference linkbase that presents relationships between elements and external regulations or standards the other solution is to enclose documentation in label linkbase.
The first one is referred to as general-special.Extensible Business Reporting Language - noun a computer language used for financial reporting that allows companies to exchange or publish financial. Awareness of the eXtensible Business Reporting Language (XBRL) has seen a slight decrease inwith 45% of respondents being aware of it, largely in line with the results from the survey.
Extensible business reporting language (XBRL) is an open and free programming language providing an international platform for exchanging business transactions and processing data.
Being market-driven, XBRL functions and resources are designed to suit developing market and business needs. Definition: XBRL is an abbreviation for eXtensible Business Reporting Language. XBRL is a standardized computer language that businesses use to send information back and forth.
XBRL is a standardized computer language that businesses use to send information back and forth. XBRL stands for eXtensible Business Reporting Language; it is an XML dialect developed for business and financial reporting purposes by a non-profit consortium XBRL International which has members from companies and institutions that represent finance and IT sector organizations from all over the world.
eXtensible Business Reporting Language meaning: a computer language that allows companies to collect financial information and share it electronically with others who need it.Download