Looking up XBRL in Excel : XBRL for Analysis. This post follows on from previous one - Xbrl Comparative Analysis in Excel.
And I have now created two easier ways of getting XBRL into Excel using XBRL to XL and XBRL Sheet. When building a standard model to represent XBRL data what do we need to be thinking about? Well my thinking is that we need to use formulas which are: 1. Easy to build 2. And the model needs to be: 4. This really has very little to do with XBRL but an awful lot to do with building robust, validatory & maintainable models. 1.
Given that each XBRL tag has to be unique and that there are nearly 16,000! You can then lookup the item you wish to use from your list when building a formula (either by manually selecting the cell or using yet another lookup function). As I mentioned in my previous post, it's a good idea to put each company in a separate sheet (see above) so each column references a particular sheet. 2. 3. 4. Each seperate sheet (see above) is now called filing (1), filing (2) etc. SEC XBRL Mandate For Dummies eBook 2012/08/15 00:14:11. Skip to main content SEC XBRL Mandate For Dummies eBook Welcome to SEC XBRL Mandate For Dummies, IBM Limited Edition.
Download this book to understand — and comply with — the requirements of the SEC XBRL Mandate. The SEC now requires reports in XBRL, and those reports require XBRL software. You need to be ready. This eBook will cover: The SEC Mandate - Understand SEC’s XBRL Mandate and why Phase 2 of the mandate is a big deal Block and Detailed XBRL Tagging - Find out what XBRL is and learn the essentials of “tagging” data XBRL Compliance Options - Discover the pros and cons of outsourcing, bolt-on tools, and integrated solutions Asterisks (*) indicate fields required to complete this transaction. if not selectable, click arrow next to country selection by email.by telephone.by postal mail. I accept IBM's Privacy statement. Resources Connect with us Key topics Information for Shop & buy.
XBRL XL. To XL. Why XBRL to XL?
– the premise behind the application XBRL data as we currently experience it from the SEC is not "Analyst Ready". It exists in multiple unreadable files. You can view it as an Excel Financial Report (See example for Microsoft here) but without the tags, this is little better than viewing it in its original html. For data to be "Analyst Ready", the data has to be in the right place, comparable & transparent. An analyst is ready and waiting to see the data in Excel and so XBRL to XL is only concerned with this simple but essential requirement. When a company prepares a financial report, it's principal aim is not to create comparable data but a narrative that best explains its financial position and its potential for changing it. Historically analysts have often wanted to handle the data themselves so they could feel it's quality and assure themselves that the data they saw in their ratios came from a trusted source.
XBRL to XL is the creation of Fundamental X. An international standard language for communicating business data simply and quickly. Edgar Online. I-Metrix™ Professional has the power of interactive XBRL data plus an Excel add-in for data downloads, simple and complex modeling and better, faster and smarter financial analysis and company research.
I-Metrix™ Professional is a suite of interactive data and analytical tools that provide quick and accurate, XBRL-tagged financial statement data via Microsoft Excel® and an easy-to-use web interface. All financial statements in XBRL Data on all 12,000 companies filing with the SEC Latest filing and history from 1999 Four XBRL fundamental data sets that provide varying degrees of detail from treetop to as-reported to highly granularPre-calculated ratios including industry, sector and SIC mean and medianComplete company profiles with: Stock price performance Filings Company News All SEC filings from 1990s to presentInstitutional and Insider ownershipIPO/SPO summaries and details. Metrix. Interstage XWand : Overview.