XBRL (eXtensible Business Reporting Language) is a global standard for sharing business information. XBRL provides major benefits in the preparation, analysis and communication of business information, all at a reduced cost. This report prepared by a member of the XBRL International Consortium, introduces XBRL, and discusses its benefits and uses. Includes hands-on XBRL tutorials and summarises what it all means for internal auditing.