TITLE

XBRL Emerges as Key Standard in Business Reporting

AUTHOR(S)
Kohen, Sharyn; Penler, Paul
PUB. DATE
October 2004
SOURCE
Bank Technology News;Oct2004, Vol. 17 Issue 10, p54
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the announcement made by the U.S. Securities and Exchange Commission (SEC) that it is assessing for registrant submissions the benefits of a new data format XBRL, the acronym for extensible business reporting language. XBRL, the financial and operational business-reporting offshoot of the Extensible Markup Language is a freely licensable open-technology standard emerging as a leading practice in many business-reporting environments. The SEC is considering a staff proposal to launch a pilot program in which companies will submit voluntary filings of financial data using XBRL, beginning with the 2004 calendar-year-end reporting season.
ACCESSION #
14734466

 

Related Articles

  • Money Fund Rule First Big Test for XML. Morgan, John // Money Management Executive;3/8/2010, Vol. 18 Issue 10, p1 

    The article reports on the decision of the U.S. Securities and Exchange Commission (SEC) to use the eXtensible Markup Language (XML) data-tagging format in filing all money market fund activity. SEC adds that XML is cheaper, simpler and better suited for money funds compared to other formats....

  • XBRL Tagging of Financial Statement Data Using XMLSpy: The Small Company Case. Elam, Rick; Wenger, Mitchell R.; Williams, Kelly L. // Issues in Accounting Education;Aug2012, Vol. 27 Issue 3, p761 

    Publicly traded companies in the U.S. are required by the Securities and Exchange Commission (SEC) to file their financial statement data using XBRL tags. Other countries using international accounting standards have adopted similar XBRL filing requirements. This case provides a brief...

  • Technology's Expanding Role in SEC Compliance. Copenhafer, David T. // CPA Journal;May2005, Vol. 75 Issue 5, p17 

    Discusses the role of technology in meeting the U.S. Securities and Exchange Commission compliance requirements in filing and disclosure processes. Utilization of electronic filing; Overview of some technology-related technologies related to accounting and auditing failures, including an...

  • Conning Out Party. Gray, Glen L. // California CPA;Dec2004, Vol. 73 Issue 6, p32 

    Discusses the XBRL Voluntary Financial Reporting Program on the EDGAR System proposed by the U.S. Security of Exchange Commissions that allows companies to use XML in filing financial reporting information. Advantages of using the XBRL technology; Types of linkbases listed by the program;...

  • Interest in data. Hucklesby, Mark; Macdonald, Josef // Chartered Accountants Journal;Sep2004, Vol. 83 Issue 8, p47 

    Comments on the significance of the interest of the U.S. Securities and Exchange Commission (SEC) tagged data. Identification of data tagging as a format for enhancing financial reporting data using eXtensible Mark-Up Language (XML) derivatives; Cost-effectiveness of tagged data in business...

  • Word and 401(k)s. Boeri, Robert // EContent;Dec2009, Vol. 32 Issue 10, p46 

    The author focuses on an injunction by U.S. District Judge Leonard Davis against Microsoft (MS) selling Word products that can open a .XML, .DOCX, or .DOCM file containing custom Extensible Markup Language (XML), and the eXtensible Business Reporting Language (XBRL). He asserts that Open Office...

  • XML moves closer to Web standardization. Gaskin, James E. // Inter@ctive Week;12/15/97, Vol. 4 Issue 44, p32 

    Reports on the approval of the eXtensible Markup Language (XML) to be implemented on the Web by the World Wide Web Consortium. Indepth look at the XML system; Comments from David Smith, vice president of Internet strategies at the Gartner Group company; Advantages of the XML system. INSET: Fact...

  • New XML language marks the spot. Karpinski, Richard // Advertising Age's Business Marketing;Oct97, Vol. 82 Issue 9, p30 

    Presents information on the Extensible Markup Language (XML), a computer program language gaining popularity on the World Wide Web. Information on XML; Possible impact of XML; Details on the operations of the product.

  • XML spoken here: New web language promises smarter surfing. Heid, Jim // PC World;Aug1998, Vol. 16 Issue 8, p70 

    Analysis and predictions of Extensible Markup Language (XML). The difference between XML and Hyper Text Markup Language (HTML); Obstacles the standard faces.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics