
| --------------------------------------- |
XBRL is a language for the electronic communication of business and financial data which is set to revolutionize business reporting around the world.
It provides major benefits in the preparation, analysis and communication of business information. It offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data.
It is already being put to practical use in a number of countries and implementations of XBRL are growing rapidly around the world.
It is one of a family of "XML" languages which is becoming a standard means of communicating information between businesses and on the internet.
MAIA Intelligence Product details for XBRL environment.
| Application for taxonomy creation and generation. Taxonomies, as explained, are the dictionaries used by XBRL. They define the specific tags for individual items of data (such as "net profit"). Different taxonomies will be required for different financial reporting purposes. National jurisdictions may need | ||
| their own financial reporting taxonomies to reflect their local accounting regulations. Many different organizations, including regulators, specific industries or even companies, may require taxonomies to cover their own business reporting needs. |
||
| The XBRL instance creator is a software application that can be used by anyone responsible for the production of business reports in XBRL format. |
||
| The XBRL Instance Reader is a dynamic interpretation and processing application with exceptionally rich functionality. It subsequently populates the data base and dynamically generates a report. |
||
| This product will allow to integrate above mentioned functionalities in products of leading technology and service providers in the area of business monitoring, digital reporting, regulator solutions and accounting. | ||