Misconceptions and missed facts about XBRL
December 16th, 2007 Ilija Šuša Posted in News | 1 CommentMr Jay Starkman in article in Financial Times states that “first practical use of XBRL appears to be helping the Securities and Exchange Commission discover illegally backdated stock options” - Consulting firms drool at the fee potential of XBRL.
Mr Robert D. Kugel respond to this article, and explain which facts are missed by Mr Starkman in this [...]
Financial reporting faces up to XBRL
December 6th, 2007 Ilija Šuša Posted in News | No CommentsInteresting article about financial reporting future which has been published in Financial Times by Mr Jennifer Hughes.
“I’ve seen the future, and its a four-letter word.
Well, actually an acronym - XBRL, or extensible business reporting language - and it will bring about a change to financial reporting as big as that when spreadsheets replaced pen, paper [...]