Charlie Hoffman just made the most enlightening post I’ve read in a long time. It’s no accident that the best journalism is the most direct: subject, verb, object. Similarly, clarity is essential to good lawyering and to the most successful business.

There have been several threads behind looking at XBRL for corporate actions. The problem is long-standing and multinational.

Some of the most intriguing functions in our new Controller package, are the data integrators and adapters. What they do is enable you to automatically transfer data early in the financial reporting process.

Back on June 17, I blogged about the Government Information Transparency Act. The goal of government information transparency took a step closer to reality today when the co-sponsors of the bill, Reps. Edolphus Towns and Darrell Issa, added their bill’s provisions to a Senate bill to improve the federal grant system.

The CICA had its annual Corporate Reporting Awards in Toronto yesterday. The Awards program has been running for almost 60 years and its an understatement to say that there has been a lot of change over those years.

The first phase of XBRL-based financial filings — those for the largest public companies — arrived in June. More large public companies will be required to file via XBRL in 2010, and by 2011 all public companies will be using the data-tagging language to file their financial reports.

Data From Vodafone Data Warehouse to be Flowed Automatically Into a Variety of Annual and Quarterly Statutory Reporting Documents for UK and US Regulators, Using Clarity FSR.

Just in case you are still in the dark over what XBRL is, and how it will eventually change the way information is sourced from electronic documents…

XBRL’s distinguishing benefit is that it enables the flow of information that is syntactically correct, complete, accurate, and consistent. This empowers XBRL documents’ creators and consumers to leverage that information to reap the full benefits of XBRL.

Software companies are drawing battle lines against accountants over who should provide lucrative services to help firms deal with new filing regulations.