Inline XBRL is a newer way of representing financial data in XBRL format. Unlike traditional XBRL, which requires financial data to be presented in a separate document, inline XBRL embeds the XBRL data directly into the HTML document. Inline XBRL This makes it easier for investors and analysts to access and use the data, as they can view it alongside the rest of the document. In addition, inline XBRL is designed to be more human-readable, making it easier to understand for those who are not familiar with XBRL.
What are the benefits of inline XBRL?
The benefits of inline XBRL are many and varied. For starters, it can help improve the quality of financial reporting. Inline XBRL reduces the cost and complexity of financial reporting, while also making it more reliable and easier to understand.
In addition, inline XBRL can help improve business decision-making. By making financial data more readily available and easier to analyze, businesses can make more informed decisions about where to allocate resources.
Finally, inline XBRL can help promote transparency and accountability in business. By making financial information more accessible, businesses can be held to a higher standard of accountability.
Overall, the benefits of inline XBRL are significant. By making financial reporting more efficient, accurate, and understandable, businesses can improve their bottom line and make better decisions.
What are the benefits of using inline XBRL?
If you're not familiar with inline XBRL, it's a method of embedding XBRL information directly into HTML documents. This has a number of benefits over traditional XBRL, which relies on a separate XML file.
One of the main benefits of inline XBRL is that it makes it much easier to share XBRL data. Since the data is embedded in the HTML document, there's no need to separately upload or download an XML file. This also makes it easier to integrate XBRL data into web applications.
Another benefit of inline XBRL is that it can reduce the size of XBRL documents. This is because XML files can often be quite large, due to the amount of information they contain. By embedding the XBRL data directly into the HTML document, the overall size of the document can be reduced.
Overall, inline XBRL offers a number of benefits over traditional XBRL. If you're looking for an easy way to share XBRL data, or if you want to reduce the size of your XBRL documents, inline XBRL is definitely worth considering.