XBRL Standard for Financial Reporting in Croatia: Current State and Perspectives

Abstract

Background: Harmonization and standardization is becoming important among regulators and business community. XBRL has entered the global stage as a financial reporting standard. Its mission was to standardize the financial reporting, lower the reporting costs and make the reporting as transparent as possible.

Keywords

• extensible business reporting language (xbrl)
• extensible markup language (xml)
• financial reporting standard
• financial information
• europe
• croatia
• perspectives
• o14