XBRL may be the betamax of electronic languages
Touted as the next big thing for financial reporting, XBRL – or extensible business reporting language – was supposed to conquer the IR world and make things a whole lot easier for everyone involved in the financial reporting process.Zachary Coffin, chair of XBRL.org's liaison committee, told IR magazine back in 2001 that 'around 15-18 percent' of US companies would be reporting in XBRL by the end of that year.So what happened? Not a lot. In fact, it seems there are just four companies
You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..
- Unlimited deep dives
- Data-driven research around key topics
- Buy-side insights
- Benchmarking reports
From
$1495