XBRL INITIATIVE SEEKS COMMENTS.XBRL (EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts. .org has prepared enhancements to its current specification, XBRL for Financial Statements, for public comment. The enhanced version of XBRL is designed to harmonize with the new World Wide Web Consortium's (W3C (World Wide Web Consortium, www.w3.org) An international industry consortium founded in 1994 by Tim Berners-Lee to develop standards for the Web. It is hosted in the U.S. by the Computer Science and Artificial Intelligence Laboratory (CSAIL) at MIT (www.csail.mit.edu/index.php). ) XML Schema to better align itself with initiatives of the W3C and other XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. organizations for global use. |
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