I have written about XBRL on this blog a lot, and you probably already know that we’ve added support for XBRL across several of our products already in version 2009, when we introduced the XBRL Taxonomy Editor and XBRL validation in XMLSpy, added XBRL data mapping and instance document creation to MapForce, and XBRL rendering, report generation, and presentation to StyleVision.
XBRL Taxonomy Wizard
The new XBRL Taxonomy Wizard makes extending an industry-standard XBRL taxonomy, or even creating a new taxonomy a breeze.
You simply use the File/New dialog to begin a new XBRL Taxonomy Schema, and XMLSpy prompts you to select the existing base taxonomy (e.g., US-GAAP, IFRS, etc.) you wish to extend (if any).
Once you enter the company ticker or name, XMLSpy automatically creates and saves all the required taxonomy files, including all the various linkbase documents.
In Step 2 of the wizard you get to pick one or more entry points of the taxonomy you are extending.
Once you click finish, XMLSpy 2010 displays the newly created taxonomy files in XBRL view, where you can continue editing and refining the taxonomy in a graphical manner.
The new XBRL Taxonomy Wizard is an invaluable time-saver when you need to create a new taxonomy for your organization.
XBRL documentation generation
To further facilitate XBRL taxonomy development in its graphical XBRL Taxonomy Editor, XMLSpy 2010 now supports the generation of comprehensive XBRL documentation.
Multiple options for what information to include in documentation (below) are available, and documentation may be generated in HTML, Microsoft® Word, or RTF.
A snippet from generated documentation is shown below. Related components are hyperlinked in the onscreen output, allowing users to easily navigate from component to component.
Generation of XBRL documentation is a must-have feature for anyone creating, editing, or extending an XBRL taxonomy.
Printing graphical XBRL view
This new feature allows you to print the graphical representation of your XBRL taxonomy as it is displayed in the graphical XBRL View. Below is an example of the print-preview of an XBRL taxonomy:
Find in XBRL, XBRL sorting
When working in XBRL View, the new Find in XBRL tab of the XMLSpy 2010 output window (which you can also activate using Ctrl-F) allows you to search an entire XBRL taxonomy or document, with advanced options for narrowing your results. Results are listed in the output window, where multiple tabs let you store numerous queries. Clicking any item in the results window navigates to that specific location in the document.
This functionality makes finding information in XBRL files, which tend to be rather large and complex, much easier.
The XBRL sorting in XMLSpy 2010 also makes it easier to view and navigate your file in XBRL view, allowing you to sort elements by name, substitution group, or type.
All these enhancements make XMLSpy the ideal XBRL Taxonomy Editor for your next XBRL project. As always, you can download a free 30-day evaluation version from our website to see for yourself…