Project Paper

Research Paper on extensible Business inform Language (XBRL) In Partial Fulfillment of course urgency billet Title: Accounting Survey Course # 3300 H1 Submitted TO Dr. Moore By Neka Legbara April 08, 2010 The purpose if this research newspaper publisher is to define XBRL, unalikeial mingled with XBRL and other business account methods, explore the benefits and disadvantages of XBRL, discussed the exercise of this pecuniary report speech communication by other countries in the internationalistic community, discuss the perspective of different industries like the banking sectors, the investment sectors and the political sympathies or the regulatory sectors regarding the use of XBRL and any other trim of interest. The Extensible Business reportage Language was primary conceived in April 1998 as Charles Hoffman was investigating into how XML could be used for electronic reporting of financial teaching. In 2001 XBRL had its first international conference in London with representatives from 10 countries in attendance and the rest was history. XBRL uses willing electronic communication and financial data collection work out to revolutionize business reporting around the human being.

Extensible Business Reporting Language provides the financial community greater benefits in data analysis, preparation, and communication of financial information. It also offers approach savings, greater efficiency and improved verity and reliability to each those involved in supplying or using financial data. XBRL is an open XML-based framework that automatically tack financia! l information between parties, it is free of license fees, was mark and developed by a non-profit international consortium of near 550 major companies, do up of organizations and government agencies around the world, workings to workher to build the XBRL language and promote its adoption. The consortium includes the worlds leading accounting, technology, political and financial bodies. The...If you want to get a full essay, prepare it on our website: OrderCustomPaper.com

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