Pilot Programs Uses XBRL for Reports

October 2002
Financial Executive;Oct2002, Vol. 18 Issue 7, p8
Academic Journal
This article discusses a pilot program launched by Nasdaq stock exchange, computer company Microsoft Corp. and financial company PricewaterhouseCoopers LLP. It was launched to provide investors with remote access to financial data from five years of financial reports for over twenty Nasdaq listed companies. The data will use eXtensbile Business Reporting Language, which allows comparison of financial data between companies within the same industry. This can help streamline the analysis process by eliminating several steps such as data entry.


Related Articles

  • TSX first to use XBRL reporting in Canada. Colman, Robert // CMA Management;Apr2004, Vol. 78 Issue 2, p8 

    This article presents a news item concerning TSX Group Inc. who has became the first Canadian public company, as well as the first publicly listed stock exchange globally, to publish its annual financial results in Extensible Business Reporting Language (XBRL), a document markup language....

  • XBRL technology will drive business success. Cushing, Karl // Computer Weekly;5/13/2003, p10 

    Technologies such as Extensible Business Reporting Language (XBRL) and web services will drive business success by putting more accountability into business processes and making them more transparent. The latest technology forecast from survey agency PricewaterhouseCoopers LLP predicted that...

  • XBRL A work In progress. Stimpson, Jeff // Practical Accountant;Jun2004, Vol. 37 Issue 6, p39 

    XBRL, eXtensible Business Reporting Language is an XML-based reporting standard that provides a standards-based method with which users can prepare, publish, exchange and analyze business reports/statements and the information they contain. Mike Willis, founding chair of XBRL International and a...

  • XBRL Capabilities and Limitations. Strader, Troy J. // CPA Journal;Dec2007, Vol. 77 Issue 12, p68 

    The article discusses the application of Extensible Business Reporting Language (XBRL) in business and financial reporting. According to the author, XBRL can be applied to a wide range of business and financial reporting contexts, including income statements and balance sheets; internal...

  • XBRL Tags Pile Up. Kelly, Susan // Treasury & Risk;Dec2009/Jan2010, p18 

    The article discusses the application of interactive tags to corporate financial statements electronically filed with the U.S. Securities and Exchange Commission (SEC). In 2010, companies must tag tables, numbers and accounting policies referenced within a footnote as well as all footnotes. With...

  • The Awareness of the Extensible Business Reporting Language (XBRL) In Malaysia. AZLEEN ILIAS; ZULKEFLEE MOHD ABD RAZAK; SITI FARA FADILA ABD RAZAK // Journal of Internet Banking & Commerce;Aug2014, Vol. 19 Issue 2, p1 

    The current study had explored the Extensible Business Reporting Language (XBRL) among various stakeholders from a financial reporting perspective. In addition, the impact of the benefits on users, organization and preparers might vary according to the culture, country or financial regulations....

  • Does Assurance on XBRLDerived Financial Statements Impact the Decisions of Nonprofessional Investors? Farewell, Stephanie; Pinsker, Robert // Management Accounting Quarterly;Spring2015, Vol. 16 Issue 3, p13 

    A study investigates how investors perceive CPA assurance on the XBRL instance documents and whether that assurance lessens perceived investment risk.

  • Initial evidence on the market impact of the XBRL mandate. Blankespoor, Elizabeth; Miller, Brian; White, Hal // Review of Accounting Studies;Dec2014, Vol. 19 Issue 4, p1468 

    In 2009, the SEC mandated that financial statements be filed using eXtensible Business Reporting Language (XBRL). The SEC contends that this new search-facilitating technology will reduce informational barriers that separate smaller, less-sophisticated investors from larger, more-sophisticated...

  • The Association between Extensions in XBRL Disclosures and Financial Information Environment. Shiyou Li; Nwaeze, Emeka T. // Journal of Information Systems;Fall 2015, Vol. 29 Issue 3, p73 

    This study examines the association between XBRL extensions and financial information environments of firms, where "financial information environment" refers to the degree to which a firm's financial information is reflected in the information held/used by investors. An XBRL extension is a...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics