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XBRL (eXtensible Business Reporting Language) is a freely available and global framework for exchanging business information.XBRL allows the expression of semantics commonly required in business reporting.
XBRL was originally the work of the AICPA, created as a way to advance financial reporting and facilitate the global exchange of financial data.XBRL International was created to ensure compatibility and agreement among industry members and to promote adoption of the standard around the world.
The XBRL Global Ledger Taxonomy Framework (XBRL GL) is a holistic and generic XML and XBRL-based representation of the detailed data that can be found in accounting and operational systems, and is meant to be the bridge from transactional standards to reporting standards, integrating the Business Reporting Supply Chain.
XBRLS (XBRL Simple Application Profile) is an application profile of XBRL.. XBRLS is designed to be 100% XBRL compliant. The stated goals of XBRLS are "to maximize XBRL's benefits, reduce costs of implementation, and maximize the functionality and effectiveness of XBRL". [1]
XBRL assurance is the auditor's opinion on whether a financial statement or other business report published in XBRL, is relevant, accurate, complete, and fairly presented.. An XBRL report is an electronic file and called instance in XBRL terminolo
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In August 2008, Workiva Inc. was formed as WebFilings LLC in California by six entrepreneurs. [4]Martin Vanderploeg was a co-founder of EAI and served as CTO and Executive Vice President until they were acquired in 2000 by UGS Corp, [5] [6] [7] and is now a division of Siemens, the German technology multinational.
ZipBooks was founded by Tim Chaves in June 2015, backed by venture capital firm Peak Ventures. [2] The company secured an additional $2 million of funding in July 2016, [3] and in 2017 it was awarded a $100,000 economic grant by the Utah Governor's Office of Economic Development Technology Commercialization and Innovation Program.