Business Description
Inline XBRL, or iXBRL, has been a leap forward to reimagining the traditional approach to financial reporting. It streamlines the process from variance in reporting to a consistent, dynamic digital filetype, making the data consistent for people — and computers — to understand.The SEC’S recent fast act rule requires you to tag data and new content in iXBRL. So, what data points must be tagged in iXBRL documents? The short answer is pretty much all of them:
Financial statements and associated notes to the financial statements
Cover pages to Quarterly, Annual and 8-K documents
Financials statement schedules and associated data
