“XBRL - The eXtensible Business Reporting Language ”

Leading US politician urges Congress to fund XBRL development

8/15/2011 3:39:03 PM   Bron: XBRL.org

Newt Gingrich, former speaker of the US House of Representatives, urged Congress to fully fund the development of XBRL in the United States.  In testimony to a House of Congress subcommittee on Capital Markets, Mr Gingrich said: ‚ÄúCongress should fully fund the development of the XBRL project championed by SEC Chairman Cox so that U.S. companies can take advantage of this financial reporting system that allows investors and analysts to compare company performance." 

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