In less than a decade, XBRL (eXtensible Business Reporting Language) has become a standard for reporting financial data in an XML format. This paper is an introduction to XBRL, the technical documents needed to accomplish the reporting, potential problems found in current reporting mechanisms, and future directions for use of XBRL.
Stamey Jr., John W. and Casselman, Chad, "Reporting and Sharing Financial Information with XBRL" (2010). SAIS 2010 Proceedings. 44.