XBRL stands for eXtensible Business Reporting Language, a language for the electronic communication of business and financial data worldwide. XBRL is an open-source software that enables the organization and management of financial data for research and analysis. ACRA has adopted XBRL as part of its overall strategy to streamline financial reporting and to enable the flow of financial information to the international business community, thus create an effective business communication environment among the entities and the governing authorities.