XBRL Instance
From Open Risk Manual
Revision as of 17:37, 10 August 2022 by Wiki admin (talk | contribs)
Definition
An XBRL Instance (or XBRL File) contains the business facts being reported. An instance along with a XBRL Taxonomy forms a complete submission (report or filling). It is an XML document containing concrete elements (facts) that together constitute one or more business reports.
Example
The financial statements of company ABC Inc. for the year ending on December 31, 2021, expressed in XBRL would be an XBRL instance document.
