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XBRL: Transforming Financial and Regulatory Reporting

Published by: IDC

Published: Nov. 18, 2008 - 9 Pages


Table of Contents


Table of Contents

In This Perspective

Background

The International Movement

Efficiency Implications of XBRL

International XBRL Initiatives

What Technology Is Necessary?

Guidance

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Related Research

Abstract

This Financial Insights Perspective reviews eXtensible Business Reporting Language (XBRL), which is rapidly gaining acceptance around the world as a more efficient vehicle for financial reporting, including corporate and bank regulatory and financial reporting. Readily available technical tools allow users of XBRL-formatted data, whether in the private or public sector, to benefit from easy and efficient access to data filed or submitted in such formats.



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