eXtensible Business Reporting Language (XBRL) is a language for the electronic communication of business and financial data, which is being adopted as a reporting standard around the world.
Organizations today are looking to establish a sustainable reporting process to comply with the Securities and Exchange Commission’s (SEC) final rules, requiring registrants to submit XBRL tagged financial information. For SEC reporting purposes and beyond, Deloitte member firm teams can help organizations (including companies and government agencies) transform their business reporting by leveraging XBRL to help improve efficiency and reduce costs associated with data collection and analysis. XBRL services include assessing readiness for XBRL implementation; implementing XBRL-based reports for financial and regulatory reporting needs; and XBRL training for personnel.
For more information, email XBRLplus@deloitte.com or locate a contact by location.