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1. What is XBRL Taxonomy? How do you as a preparer of financial statement use the XBRL Taxonomy in locating a label for a specific

  1. 1. What is XBRL Taxonomy? How do you as a preparer of financial statement use the XBRL Taxonomy in locating a label for a specific financial element?
  2. 2. What are the benefits of adopting XBRL from the perspective of issuers and users of financial statements?
  3. 3. What challenges do you see in the implementation of XBRL?

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XBRL Taxonomy XBRL eXtensible Business Reporting Language is a standardized language used to describe and classify financial and business data The XBR... blur-text-image

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