“XBRL - The eXtensible Business Reporting Language ”

Speakers at SEC roundtable call for broad use of XBRL

8/15/2011 3:39:03 PM   Bron: XBRL.org

Speakers at a US SEC roundtable on XBRL said broad use of the standard would provide significant benefits for investors.  The introduction of XBRL for company financial reporting would increase the accuracy of financial data, make it easier to analyse and improve its timeliness, participants said.  The roundtable was the first in a series which the SEC is holding on the benefits and uses of XBRL.  The SEC has published a range of information on the roundtable at http://www.sec.gov/spotlight/xbrl.htm, including an archived video webcast, a full transcript, links to some presentations, the agenda and other background. 

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