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eXtensible Business Reporting Language

Deloitte & Touche LLP

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, we 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. Our XBRL services include assessing readiness for XBRL implementation, implementing XBRL-based reports for financial and regulatory reporting needs and XBRL training for personnel. Learn more about this practice.

Featured insights

  • Moving to a global financial information framework
    Introducing XBRL-based processes and applications can have a critical effect on the way companies manage their businesses.
  • XBRL frequently asked questions (FAQ)
    Answers to a variety of questions related to XBRL such as implementation schedule and submission due dates.

As used in this document, “Deloitte” means Deloitte LLP [and its subsidiaries]. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. 

Dig deeper

  • Heads Up newsletter
    SEC publishes final rule mandating use of “interactive data.”
  • SEC website
    Valuable XBRL information.

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