XBRL potentially assists in strengthening information transparency because it: offers paperless reporting based on industry-specific standards. offers greater search power and customised information...

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Extracted text: XBRL potentially assists in strengthening information transparency because it: offers paperless reporting based on industry-specific standards. offers greater search power and customised information for different stakeholders. is a typology based on specific business reporting requirements. is technically superior to html and reduces the reporting time by businesses.