In Partial Fulfillment of course Requirement
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 between XBRL and other business account methods, explore the benefits and disadvantages of XBRL, discussed the exercise of this monetary report language by other countries in the international community, discuss the perspective of different industries like the banking sectors, the investment sectors and the government or the regulatory sectors regarding the use of XBRL and any other issue 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 information. In 2001 XBRL had its first international conference in London with representatives from 10 countries in attendance and the rest was history. XBRL uses automatic electronic communication and financial data collection process 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 cost savings, greater efficiency and improved verity and reliability to all those involved in supplying or using financial data. XBRL is an open XML-based framework that automatically tack financial information between parties, it is free of license fees, was mark and developed by a non-profit international consortium of near 550 major companies, made 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, governmental and financial bodies. The...If you want to get a full essay, order it on our website: Orderessay
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