Simpler Isn't Always Better

Garbellotto, Gianluca
February 2009
Strategic Finance;Feb2009, Vol. 90 Issue 8, p56
The article reports on the extensible business reporting (XBRL) document markup language used in business and financial reporting. There are proposals being made to simplify XBRL which may actually create more complexity in implementing XBRL in a broader application. Financial statements may have to be converted to XBRL before filing which will make the data available more quickly but will not improve its quality.


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