The Value of XBRL Certification

 

eXtensible Business Reporting Language (XBRL) has gained momentum on a global scale over the past years. This is caused by an increasing need for more accurate and efficient financial data exchange. Nowadays, an increasing number of companies are transitioning from outsourcing the expertise, to bringing XBRL filings in-house.

This report addresses the perceived value of XBRL Certification from the perspective of industry stakeholders. The vast majority recognizes the need for XBRL Certification, for professionals and organizations alike.