Abstract
Accounting information is important in decision-making for various factors including the institutional environment in which firms are included that influences companies to disclose their information. Currently, researchers are looking for ways to improve the exchange of reports on companies to regulatory bodies in Brazil and other countries. This article discusses features of a new means of disseminating business reports, including accounting information: the XBRL (eXtensible Business Reporting Language). To facilitate understanding, aspects of precursor markup languages, mainly, XML (eXtensive Markup Language), which led to the XBRL, are addressed. The article suggests ways to use this language which facilitates speeds and ensures the integrity of accounting and business reports transferred through the electronic environment among companies, regulatory bodies and governments.
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