GSTF Journal on Business Review (GBR)

, 3:9

First online:

Open Access This content is freely available online to anyone, anywhere at any time.

Hard Rules and Soft Rules for XBRL


In January 2009, the SEC issued its final mandate for conversion to XBRL standards for financial statement reporting. However, the implementation has been painfully slow in the United States. In this article, I will investigate the factors impeding the XBRL conversion progress. I will recommend some available XBRL software for the “bolt-on,” “built-in,” and “deeply embedded” implementations. I will also try to help the readers understand all the major components of the XBRL taxonomy.


the eXtensible Business Reporting Language XBRL Interactive Data Electronic Applications IDEA Taxonamy