XBRL (eXtensible Business Reporting Language) is a freely available and global framework for exchanging business information. XBRL allows the expression of semantic meaning commonly required in business reporting. The language is XML-based and uses the XML syntax and related XML technologies. One use of XBRL is to define and exchange financial information, such as a financial statement. The XBRL Specification is developed and published by XBRL International, Inc. (XII). XBRL was developed by the American Institute of Certified Public Accountants (AICPA). Since then, it has developed and widely used worldwide to meet today's business needs. Required: - In this regard, consider yourself working in an AIS - ERP environments in a Fortune 500 companies as a financial accountant where you must deliver a training to the new accounting recruits on XBRL. Your training contents should include the following aspects of XBRL: XBRL benefits XBRL Taxonomy XBRL Tagging XBRL Instance document and rendering How XBRL helps regulatory bodies? In the end, how XBRL reporting objectives can be better achieved by adhering to the International Code of Ethics for Professional Accountants sets out by International Ethics Standards Board for Accountants (IESBA) Length of discussion: - The length of your discussion should not exceed 1,000 words