XBRL-SPEC

XML standard for structured financial reporting.

Definition

XBRL 2.1 (published December 2003, final recommendation) provides the markup language tying each financial fact (revenue, debt, asset) to a concept formally defined in a taxonomy. The XBRL 2.1 + XDT 1.0 (Dimensions) + Formula 1.0 specifications form the consistent suite. Maintained by XBRL International (XII).

Origin

Concept by Charles Hoffman 1998 ; XBRL 2.1 published December 2003 by XBRL International.

Example in context

The US SEC has accepted 10-K and 10-Q filings in XBRL since 2009 ; each balance sheet figure is tagged with its GAAP concept.

Related terms

• XBRL Taxonomy — concept dictionary.