Archive for July, 2008
Are US companies ready for XBRL?
July 17th, 2008 Matt Kelly Posted in News | No CommentsAre US companies ready for XBRL? Are they even thinking about it? Compliance Week polled its readers on the subject a few weeks ago. The results were less than encouraging. Surprisingly, even though large companies will start adopting XBRL probably in a matter of months — they are just as unprepared for the change as small companies.
Read more..XBRL = X-Ray Vision for Investors
July 8th, 2008 Didem Komaromi Posted in General | No CommentsIs it possible that XBRL enabled search technology increases the transparency of company financial disclosures? In my opinion, certainly it does. Whether it is publicly traded companies or privately held companies, people who are charge of management know that most investors and analysts pay more attention to information in the body of financial statements rather than lengthy footnotes [...]
Read more..