Systems and methods are provided for analysis of financial and business information based on interactive data, such as XBRL data. According to one embodiment, an intelligent financial and business information reporting application includes methods to allow the results of many companies to be more efficiently compared by regulators, investors, and other consumers of XBRL data. Embodiments of the present invention also provide more sophisticated reporting by “deriving” facts for elements (concepts) for which there are no direct facts, but for which there is information in the calculation linkbase to allow “calculated facts” to be determined.
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