XBRL

    XBRL 


    XBRL, eXtensible Business Reporting Language, is a royalty-free, international information format designed specifically for business information, also referred to as ‘interactive data’ by the SEC. The idea behind XBRL is simple: instead of treating business information as a block of text – as in a printed paper document or a standard Internet page – it provides a unique, electronically readable tag for each individual disclosure item within business reports.






    Background Uses and Benefits SEC Rules for Interactive Data
    In 1998, Charlie Hoffman had the idea of XBRL as a way of totally transforming business reporting.  Charlie enlisted the support of the AICPA to spearhead the development of XBRL.

    XBRL better enables the CPA profession to proactively fulfill its primary mission to protect the public interest by improving investor access to the capital markets.

    On January 30, 2009, the SEC adopted rules that would require companies to provide to the Commission financial statements in XBRL format.




    XBRL Events
       XBRL Events

    Upcoming and past events such as webcasts and conferences that feature XBRL information and training opportunities.
       
     Hot Topics  
       

    Resources for XBRL    

    AICPA XBRL Updates:
       Get Your Sign Values Correct in XBRL Files

       Observations and Recommendations for XBRL Implementations

    White papers:
       Columbia Business School Whitepaper: An Evaluation of the Current State and Future of XBRL and Interactive Data for Investors and Analysts

       XBRL US Whitepaper - Better Reporting for Better Decision: Standards to Improve Corporate Government Reporting

       XBRL US whitepaper, Avoiding Common Errors in XBRL Creation

    Important Links:
       Data tagging recommendations by the SEC's Investor Advisory Committee


       US GAAP Financial Reporting Taxonomy

       SEC Staff Observations from Review of Interactive Data Financial Statement

       XBRL US Consistency Suite - Discount for AICPA members, run checks and access the XBRL Database

    CPE/Guidance

       XBRL US GAAP Certificate Program
     

    Principles and Criteria for XBRL-Formatted Information 

    SOP 13-2 - Performing Agreed-Upon Procedures Engagements That Address Completeness, Mapping, Consistency, or Structure of XBRL-Formatted Information


    Learn how XBRL works and understand the basic terminology.

    XBRL Assurance Task Force

    The AICPA XBRL Assurance Task Force is currently developing guidance to assist CPAs to perform voluntary assurance engagements related to XBRL-tagged data.  The Task Force has published Principles and Criteria for XBRL-Formatted Information and SOP 13-2, Performing Agreed-Upon Procedures Engagements That Address the Completeness, Mapping, Consistency, or Structure of XBRL-Formatted Information  

    View Comment Letters Related to XBRL
    XBRL Q&A Downloads 
       
       
      XBRL Related Webcasts
    XBRL Related CPE Courses
       

    XBRL Articles

    XBRL




    The AICPA and XBRL US have launched the XBRL US GAAP Certificate Program.  Learn more about the program and enroll.
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