XBRL US is a non-profit organization based in Washington, DC that aims to improve business and government reporting through the use of a free and open reporting standard. They collaborate with various organizations and individuals, including public company accountants, financial service professionals, data providers, technologists, and federal regulators, to promote transparency in the markets and facilitate the implementation of digital business reporting standards.
By developing taxonomies for use by both the public and private sectors, XBRL US strives to achieve interoperability between sectors and encourage XBRL adoption through marketplace collaboration. Their efforts focus on generating good quality, actionable data for policy-setters, regulators, investors, and researchers, while reducing the cost of reporting, data collection, and analysis.
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