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XBRL: Transforming Financial and Regulatory Reporting

Product Type: Market Research Report
Published by: IDC
Published: November 2008
Product Code: R104-37558
Description

This Financial Insights Perspective reviews eXtensible Business Reporting Language (XBRL), which is rapidly gaining acceptance around the world as a more efficient vehicle for financial reporting, including corporate and bank regulatory and financial reporting. Readily available technical tools allow users of XBRL-formatted data, whether in the private or public sector, to benefit from easy and efficient access to data filed or submitted in such formats.

Table of Contents
Table of Contents

In This Perspective

Background

The International Movement

Efficiency Implications of XBRL

International XBRL Initiatives

What Technology Is Necessary?

Guidance

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