“XBRL - The eXtensible Business Reporting Language ”

US Congressional committee hears testimony on XBRL

8/15/2011 3:39:04 PM   Bron: XBRL.org

A US Congressional subcommittee on Capital Markets, which is aiming to foster transparency in financial reporting, heard testimony on the benefits of XBRL from leading members of the accounting and securities industries.  A number of speakers explained the role of XBRL in supporting transparency at a committee hearing to review initiatives by regulators and industry.  The link above provides transcripts of their testimony.

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