No. There are over 20 thousand unique tags provided as a framework by the Financial Accounting Standards Board. And companies can create their own tags as needed as well. As a result, each company puts its own personalized stamp on the process, based on how they tag the data. This is both good and bad. It results in a tremendous richness of information, but also makes comparing across companies a challenge. For example, there are well over 100 tags that a company can use to report its revenue. Calcbench takes all of these unique tags and maps them to predefined concepts like Revenue.
Does every company use the same XBRL tags in their reports?
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