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The perfect guide to help you understand XBRL-from the "father of XBRL"
What is XBRL and how can it help you streamline your business reporting? This
plain-English guide from the "father of XBRL," Charles Hoffman, will tell you
what it is, why it is, and how you can get on the bus with this new
SEC-mandated business reporting standard for publicly-traded companies. A CPA,
Hoffman is credited with the idea of applying XML data to financial reporting;
XBRL is the language that resulted. Learn to prepare financial statements with
XBRL, use it for strategic planning, move all relevant departments in your
company to the same system, and more. XBRL (eXtensible Business Reporting
Language) is an XML-based open standard for accounting data; author Charles
Hoffman is credited with the idea of applying XML data to financial reporting
Plan for XBRL implementation, set action-oriented agendas, and identify
stakeholders and subject-matter experts within your organization Learn to
choose from and adapt existing XBRL taxonomies to comply with US GAAP and IFRS
Topics also include how to adapt your existing financial information into XBRL.