XBRL promotes transparency

Credit tech

XBRL (Extensible Business Reporting Language), a non-proprietary international reporting format, is looking to exploit the demand for timely and accurate information by making company reports more accessible to investors, analysts and regulators.

XBRL says it takes the pain out of assembling information from diverse sources, by standardising non-compatible data into an easy-to-use template.

“XBRL is forcing the transparency issue,” says Zach Coffin, liaison chair with the XBRL consortium and XBRL

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