Though it sounded simple enough at the outset, the recent allowance for companies to file their financial statements using the integrated inline XBRL method may not be so simple after all.
It’s been nearly a decade since companies began submitting their financial statements in eXtensible Business Reporting Language, or XBRL, as required by the Securities and Exchange Commission. XBRL is a machine-readable format for structuring financial data that is meant to make it easier for consumers of the data to access, compile, share, and analyze the information.
