Using XBRL Technology to Extract Competitive Information from Financial Statements

Dominik Ditter · Klaus Henselmann · Elisabeth Scherr

14 citations0/0 files storedJournal of Intelligence Studies in Business

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Financial Reporting and XBRL Competitive and Knowledge Intelligence Web Data Mining and Analysis

Abstract

The eXtensible Business Reporting Language, or XBRL, is a reporting format for the automatic and electronic exchange of business and financial data. In XBRL every single reported fact is marked with a unique tag, enabling a full computer-based readout of financial data. It has the potential to improve the collection and analysis of financial data for Competitive Intelligence (e.g., the profiling of publicly available financial statements). The article describes how easily information from XBRL reports can be extracted.

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1996Competitive Intelligence: How to Gather Analyze and Use Information to Move Your Business to the Top 2009XBRL for Dummies

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