XBRL for Interactive Data: Engineering the Information Value by Prof.Dr. Roger Debreceny, Prof.Dr. Carsten Felden, Bartosz

By Prof.Dr. Roger Debreceny, Prof.Dr. Carsten Felden, Bartosz Ochocki, Dr. Maciej Piechocki, Michal Piechocki (auth.)

Interactive facts helps businesses to speak successfully with their stakeholders and companions on the net and the realm extensive internet. XBRL (eXtensible company Reporting Language) is a key allowing expertise for interactive info. XBRL hyperlinks companies and information shoppers in various details price chains. XBRL is now in use in lots of international locations and significant settings. This e-book offers, for the 1st time, an in-depth research of XBRL. Thorough and updated, this ebook explains the preferred constructs in XML, on which XBRL builds, and XBRL. The booklet offers enterprise and coverage makers, technologists and knowledge engineers with a vital toolkit to appreciate the entire implementation of XBRL.

The publication starts with an outline of the company case for interactive facts and XBRL. there's an advent to XML and XBRL and the layout and building of XBRL taxonomies together with extensions and multi-dimensional XBRL implementations. It offers an in depth research of the interplay of example files and taxonomies. The publication additionally offers a synopsis of the most up-tp-date XBRL applied sciences.

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Extra info for XBRL for Interactive Data: Engineering the Information Value Chain

Example text

2 The XBRL base specification XBRL is a derivative of XML for financial and business reporting. The main building blocks of XBRL technology are XBRL specifications, XBRL taxonomies and XBRL instance documents. The XBRL specifications regulate the syntax for documents created in various reporting environments. XBRL provides businessreporting specific extensions to several XML specifications that we introduced in chapter 1. These specifications include XML schema, XML documents and XLink and play a major role in an XBRL framework.

Concept: Each of the facts in a business report has a foundation in some measurement system. We can differentiate between a general measurement system that applies to all of the facts in a report and measurement that may apply to a single fact. The essence of business reporting is to compare and contrast. A measurement system that has a single member is as useful as the very first cell phone with no-one to call. As a result, we must build a metadata system that includes standard concepts so that we can compare and contrast disparate organizations.

5: Attribute example The components of the Fig. 5 are (1) attribute name, (2) equal symbol, (3) double or single quotations, and (4) attribute value. The number of attributes of an element is not limited. 8 shows a tag with four attributes. 1 What is XML? 8: Tag with four attributes Attributes of the same element must have different names. 9: Unifying attributes In the previous examples, we demonstrated how data could be stored as value of an attribute. However, data can be also stored without use of attributes.

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