XBRL Is A Tool Which Helps Us In Analyzing All Financial & Other Technical Data In A Systematic Manner. It Makes All Technical Information & Data Readable & We Would Not Require Segregating The Information For Analysis. It Requires Tagging Of All Financial Data Electronically Through Software Which Makes Data Readable.
Earlier Companies In Delhi Used To Prepare & File All Financial Information In Different Format Like Word, Excel, Pdf Which One Can Read, But To Analyze Them, If Companies Wants To Have Information Collated At One Place Then They Didn’t Have Any Tool For That.