XBRL: The look and feel of financial reporting in the new millennium.
7/7/2003
Corporate governance reform may be the kick in the pants that changes how businesses report their financial performance, but XBRL, or extensible business reporting language, is the technological enabler. Built on top of the Web-standard extensible markup language, documents prepared using XBRL allow companies to share their financial data via computer with partners, customers, and government regulators. Bergeron's book, a short but comprehensive overview of the technology, will provide CEOs with what they need to know to ask intelligent questions of vendors and their own IT staffs before embarking on a project. Chapters look at the technology and its practical applications as well as shortfalls and potential implementation problems.