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  • Ralf Frank Article on XBRL Transparency: XBRL- the medium is the message

    ABSTRACT: This paper demonstrates how XBRL eXtensible Business Reporting Language can make a contribution to enhancing business reporting. It looks at transparency, the role which is commonly assigned to it and how it is implemented. By looking at traditional vehicles of corporate business reporting such as annual reports and examining common examples of non-transparent reporting patterns, it seeks to point out how adopting XBRL to reporting processes can result in a higher order of transparency.



  • Institute of Internal Auditors White Paper "XBRL: What's in it for Internal Auditors


  • Giving finance a new language
    Institutional Investor:  XBRL is gaining momentum thanks to the Securities and Exchange Commission which sees it as an upgrade to its Edgar database and has awarded $54 million dollars in contracts to encourage XBRL use.


  • Indian market regulator working on introduction of XBRL
    The Hindu:  The Securities and Exchange Board of India (SEBI) is in discussion with stock exchanges and issuers of financial information about the introduction of XBRL for financial reporting by companies.  One aim is to make user access to information more efficient.


  • SEC Chairman Wows Audience with XBRL Demonstration
    IR Daily:  In Steve Jobs-like fashion, SEC chairman Chris Cox has taken to demonstrating XBRL in action rather than just talking about it. It?s a great strategy.  Seeing is believing, as they say.  And a little later this: "Now so far, I?ve been using data that was previously downloaded from the SEC - but we can also use Xinba to view and analyze XBRL data live from the SEC web site. We?d do that by using an RSS feed from the SEC...

  • XBRL: let's talk about x
    What PC? UK:  Apple. eBay. Google. XBRL. Yahoo! Can you spot the odd one out? In a world where brand strength can make the difference between success and failure, the eXtensible Business Reporting Language has a recognition level so low that most finance directors have never heard of it, and the rest have no idea what it is. But this is about to change. With regulatory authorities in the US, UK and other parts of Europe increasingly pushing its use, XBRL seems set to go mainstream, and you need to be prepared.

  • Spreadsheets Enter the 21st Century: Innovation is Coming (Part 2)
    Intelligent Enterprise:  Stand-alone spreadsheets are an ingrained feature in almost all corporations. Although they are fine for individual tasks or one-off analyses, Ventana Research asserts they are a problem when used for collaborative, repetitive and enterprise-wide processes.  After a decade of stagnation, innovation is coming to spreadsheets that will address some of their most important shortcomings. A key technology in this advance is eXtensible Business Reporting Language (XBRL).

  • The Good and Bad About XBRL's Future
    CFO.com:  The setup costs for XBRL is relatively low, but without the proper user tools, regulatory filings can turn into "gibberish." The Securities and Exchange Commission will consider whether to require companies to use the XBRL programming language for their financial statements "sooner rather than later," said SEC Chairman Christopher Cox during Tuesday's second interactive data roundtable. XBRL is an Internet-language method of tagging financial data.

  • XBRL Will Keep Investors Wanting More
    CFO.com: If Securities and Exchange Commission chairman Christopher Cox gets his wish and companies universally adopt XBRL to file their financial statements, investors and analysts will be asking CFOs tougher questions.

  • Financial analysts get a new language
    FCW.COM:  For a growing number of financial institutions and some federal agencies, XBRL appears to be a promising new tool for expediting financial reporting and analysis.

  • Exposing Enterprise Data: XBRL GL,Web Services, and Google
    imanet.com: What would be the value to your organization if the data in it could flow together, regardless of the source, and be accessed by any application even a standard search engine? Not only is it possible, but it?s no more expensive than the solutions that organizations use to consolidate data today, and it can bring benefits far beyond that of an ERP (Enterprise Resource Planning) system alone perhaps even reducing the need for a new ERP system. 

  • XBRL: Enhancing financial reporting transparency
    cpa2biz.com:  CPAs have been dragging their feet in providing their clients with solutions for tagging their financials in XBRL because most accountants think that XBRL is only about a new complicated technology.  That is a mistaken view - like considering HTML as just technology rather than a vital means of communicating information in a networked world. 


  • SEC pushes companies to state financial data in XBRL
    USA Today:  Despite all the noise made the past four years about Corporate America being more open and honest about its fiscal health, getting basic financial information on companies can still be a Herculean task. The US Securities and Exchange Commission is trying to change that by prodding companies to start reporting their financial data in XBRL. 


  • Getronics and UBmatrix team up on XBRL data delivery in Europe
    Finextra:  Getronics NV and UBmatrix Inc. have signed a Letter of Intent to join forces in the XBRL market in the Netherlands, Spain, Portugal and the UK.  Getronics is already helping client organisations in the Netherlands to integrate XBRL into their financial systems. 


  • Introduction of XBRL will help small accountants to diversify
    accountingandfinance365.com:  Many accountants seem to be against changes such as the introduction of XBRL, but are we perhaps underestimating not only the profession's ability to amend the way in which we work, but also our ability to grow, thanks to the speed and efficiency of new processes? 


  • AICPA brings XBRL closer to reporting improvement effort
    AccountingWEB.com:  The American Institute of Certified Public Accountants? (AICPA) merger of the management of its XBRL development and Enhanced Business Reporting (EBR) initiatives may be more than just a reshuffling of operational hierarchy.  It has set the table for two formerly separate efforts to help each other accomplish their intertwined missions, which both involve bringing business reporting into the 21st Century.


  • Will XBRL improve analyst coverage?
    CFO.com:  If more companies filed financial documents using XBRL, analysts would be able to spend less time on data collection and would be likely to ''expand buy- and sell-side coverage,'' according to one panelist at an SEC roundtable. 


  • XBRL software developer building channel seeks accountants
    AccountingWEB.com:  Rivet Software, a leading developer of XBRL data tagging technology, is building a sales channel which will consist primarily of accountants and accounting firms.


  • Regulators may be about to push XBRL into mainstream use
    Financial Times:  XBRL has been around for a few years and has still not reached the critical mass that would turn it into a universally accepted system.  But that may be about to change thanks to an unlikely catalyst - suddenly regulators, particularly those involved in the tax arena, are interested.


  • XBRL ? are we close to the tipping point?
    CMA Management:  For any business practice to establish itself in the mainstream, it needs to be adopted by organizations with a critical mass and a lot of influence. XBRL might be close with the FDIC on its side.