The perfect guide to help you understand XBRL-from the "fatherof XBRL"
What is XBRL and how can it help you streamline your businessreporting? This plain-English guide from the "father of XBRL,"Charles Hoffman, will tell you what it is, why it is, and how youcan get on the bus with this new SEC-mandated business reportingstandard for publicly-traded companies. A CPA, Hoffman is creditedwith the idea of applying XML data to financial reporting; XBRL isthe language that resulted. Learn to prepare financial statementswith XBRL, use it for strategic planning, move all relevantdepartments in your company to the same system, and more. * XBRL (eXtensible Business Reporting Language) is an XML-basedopen standard for accounting data; author Charles Hoffman iscredited with the idea of applying XML data to financialreporting * Plan for XBRL implementation, set action-oriented agendas, andidentify stakeholders and subject-matter experts within yourorganization * Learn to choose from and adapt existing XBRL taxonomies tocomply with US GAAP and IFRS standards
Topics also include how to adapt your existing financialinformation into XBRL.