XBRL, now more than a decade old, was developed to increase the effectiveness and efficiency of the information use. XBRL is a language that leverages Internet technologies for the communication of business information coupled to the metadata (data about data) associated with the information.
XBRL does not define particular taxonomies. Rather, this responsibility lies with those who manage the information supply chains—banks, regulators, financial institutions, stock exchanges or a single organization that wishes to improve its own internal information supply chain. The inherent flexibility of XBRL allows for its application in most domains that can benefit from definition and description of both organized and unorganised business information. Given the flexibility with XBRL and the importance of taxonomies, the design of base taxonomies is a particularly key consideration in the design of XBRL-related solutions.
In India, Icanbpo provides this servive. There was a deal going on between easy XBRL and Icanbpo, but the deal is in a dire situation. If the deal will not be completed, Icanbpo may have to look for another option. Besides Icanbpo, few other firms have also started their XBRL business, but the viability of this business is in a dire situation.
XBRL does not define particular taxonomies. Rather, this responsibility lies with those who manage the information supply chains—banks, regulators, financial institutions, stock exchanges or a single organization that wishes to improve its own internal information supply chain. The inherent flexibility of XBRL allows for its application in most domains that can benefit from definition and description of both organized and unorganised business information. Given the flexibility with XBRL and the importance of taxonomies, the design of base taxonomies is a particularly key consideration in the design of XBRL-related solutions.
In India, Icanbpo provides this servive. There was a deal going on between easy XBRL and Icanbpo, but the deal is in a dire situation. If the deal will not be completed, Icanbpo may have to look for another option. Besides Icanbpo, few other firms have also started their XBRL business, but the viability of this business is in a dire situation.
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