XBRL (eXtensible Business Reporting Language) is an electronic means for exchange and publication of the economic reports (non-financial and financial) developed and maintained by XBRL International. It is a non-profit organization bringing together various stakeholders such as commercial IT enterprises and state authorities.

The main purpose of XBRL is to establish common rules for reports marking and financial information to facilitate their automatic processing and analysis. The standard does not impose new reporting rules but rather reflects the existing legal regulations and norms such as "The Law on Accounting” or IFRS (International Financial Reporting Standards). XBRL is based on XML (eXtensible Markup Language) and it can be used regardless of the operating system the user is working on.

BSB, an experienced provider of solutions based on XBRL standard and active member of the Association of XBRL Poland and UBmatrix partner, provides consultancy services in the areas of:

• implementation of FINREP and COREP reporting for the National Bank of Poland,
• possibility to use XBRL for internal reporting of the institutions,
• use of XBRL in the unit and consolidated groups reporting systems,
• use of XBRL for financial data analysis.

We provide

• analysis, designing and development of solutions based on XBRL,
• designing and testing of XBRL taxonomy (dictionaries of terms in the reports) adapted to the individual Client’s reporting needs,
• possibility to integrate reporting systems with the systems supplying the reporting data,
• expert evaluation of tools and solutions selected by the Customer.