XBRL (eXtensible Business Reporting Language) is a standardized format for exchanging financial and business information between companies, regulators, and investors. Filing in XBRL refers to the process of submitting financial reports in XBRL format to regulatory agencies or other organizations. This allows for easier comparison of financial data between companies and reduces the time and cost of manual data entry.
The other thoughts of business defines XBRL (eXtensible Business Reporting Language) filing refers to the process of submitting financial and business information in XBRL format to regulatory agencies or other organizations. The XBRL format is a standardized, computer-readable format for financial information that allows for easier analysis, comparison, and dissemination of financial data. XBRL filings are often required for public companies to comply with government regulations and provide more transparency for investors and stakeholders. More to learn please contact CS Nisha gupta