XBRL - Extensible Business Reporting Language source file saved with.XBRL extension. XBRL is a text file format based onXML, created with markup language for sharing business data. XBRL files store financial information or reports. XBRL is a universal and portable standard not related to any software platform. It is a open standard distributed under free license.
Data in XBRL files is organized using well-defined structure. Each XBRL file starts with a “root” element at the top of <xbrl> hierarchy. Information following root element constitute so called Business Facts, which can be divided into the following groups:
XBRL files contain data instances along information regarding their structure and links. Files connecting XBRL and HTML documents are called Inline XBRL and allow viewing data using web browsers.
XBRL format was created in 2003. Current version is version 2.1, which introduced several fixes and extensions with its release in 2013 by XBRL International Inc. group. Documents in XBRL standard are required by financial institutions in Unites States and U.K.; in Poland, since 2020 companies listed on stock exchange are required to provide reports adhering to ESEF standard using XBRL files. There exist dedicated tools and plugins for popular text editors that allow crating reports in XBRL format.
The list that follows enumerates programs compatible with XBRL files, divided into 2 categories based on operating system on which they are available. Files with XBRL suffix can be copied to any mobile device or system platform, but it may not be possible to open them properly on target system.
Updated: 07/30/2023
Problems with accessing XBRL may be due to various reasons. On the bright side, the most encountered issues pertaining to Extensible Business Reporting Language files aren’t complex. In most cases they can be addressed swiftly and effectively without assistance from a specialist. We have prepared a listing of which will help you resolve your problems with XBRL files.
The most common reason for such problems is the lack of proper applications that supports XBRL files installed on the system. This issue can be addressed by downloading and installing NotePad++ text editor or different compatible program, such as TextEdit, Moneydance, XBRL Addon for Firefox. Above you will find a complete listing of programs that support XBRL files, classified according to system platforms for which they are available. One of the most risk-free method of downloading software is using links provided by official distributors. Visit NotePad++ text editor website and download the installer.
If you already have NotePad++ text editor installed on your systems and XBRL files are still not opened properly, check if you have the latest version of the software. Software developers may implement support for more modern file formats in updated versions of their products. If you have an older version of NotePad++ text editor installed, it may not support XBRL format. The most recent version of NotePad++ text editor is backward compatible and can handle file formats supported by older versions of the software.
After installing NotePad++ text editor (the most recent version) make sure that it is set as the default application to open XBRL files. The process of associating file formats with default application may differ in details depending on platform, but the basic procedure is very similar.
Selecting the first-choice application in Windows
Selecting the first-choice application in Mac OS
If you followed the instructions form the previous steps yet the issue is still not solved, you should verify the XBRL file in question. It is probable that the file is corrupted and thus cannot be accessed.
If the XBRL is indeed infected, it is possible that the malware is blocking it from opening. It is advised to scan the system for viruses and malware as soon as possible or use an online antivirus scanner. XBRL file is infected with malware? Follow the steps suggested by your antivirus software.
If you obtained the problematic XBRL file from a third party, ask them to supply you with another copy. It is possible that the file has not been properly copied to a data storage and is incomplete and therefore cannot be opened. When downloading the file with XBRL extension from the internet an error may occurred resulting in incomplete file. Try downloading the file again.
Some files require elevated access rights to open them. Log in using an administrative account and see If this solves the problem.
The operating systems may note enough free resources to run the application that support XBRL files. Close all running programs and try opening the XBRL file.
Up-to-date system and drivers not only makes your computer more secure, but also may solve problems with Extensible Business Reporting Language file. Outdated drivers or software may have caused the inability to use a peripheral device needed to handle XBRL files.
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