XBRL Blog Magazine

Charles Hoffman is writing about the connection between BI and XBRL and between BI and financial information.

Lela Davidson asking a question whether is introduction of XBRL end of accounting as we know it or not, and may computer programs that manipulate XBRL completely eliminate the accountant and the auditor?

David Bogoslaw about the following convene of finance ministers from the 20 wealthiest countries in Washington, D.C. on November 15, and about financial reports in XBRL as one of the possible solution for global credit crisis.

The International Accounting Standards Board (IASB) today published for public comment proposals to improve the information available to investors and others about fair value measurements of financial instruments and liquidity risk.

XBRL International Inc. (XII) is soliciting proposals for the development of an XSLT 1.0 style sheet to extract a valid XBRL 2.1 instance document from a well-formed HTML document with valid embedded Inline XBRL content. This implementation is intended to be an example of a conformant implementation and will be made available as an open [...]

The American Institute of Certified Public Accountants applauds the release of a new framework that will help a company improve communications with its investors and other stakeholders about the non-financial factors contributing to its market value.
The original article and some words from Susan Coffey, AICPA senior vice president, you can find here.

The enhanced business reporting [...]

I found this interesting article on xbrlspy.org made by Diane Mueller, Chair XBRL-INT Software Interoperablity Working Group where she analyse the current situation with XBRL software solutions. Her focus is on open source solutions, or better say only few XBRL projects which are open source. After this analisys she asked a question: Is a Lack [...]

UBmatrix, Inc., the leading provider of XBRL information exchange solutions, announced today the release of UBmatrix Report Builder 3.5, a desktop tool for creating, interacting with, and validating XBRL documents.

Are 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.

Other than acknowledging that the Securities and Exchange Commission has proposed a mandatory XBRL filing rule for reporting companies, and then outlining the compliance deadlines for that rule, the tech press hasn’t said much about what that rule will require. So when a client alert on the proprosed rule from [...]