Interactive Data Increases Transparency, Access and Constituent Engagement: The XBRL Example
After 10 years of refinement and utilzation as a standard for business reporting, XBRL has proven its scalability, openness and agillity in appllications in Europe and Asia. It is now in the middle of Standard Business Reporting (SBR) intiatives in a number of countries. SBR initiatives ratioanlize federal agency and other regulatory reporting requirements to streamline constituent submissions and cross-agency colllaboration. XBRL has been adopted by the FDIC, SEC and other federal programs in the US. We can discuss how this new, open standard can be of value at the federal, state and local level to meet a variety of legacy needs.
thank-you,
Patrick
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Patrick Slattery
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This posting originally, inadvertently picked up our xbrl@canopach.com email address and should have been registered as microsoft@canopach.com. My apologies for any confusion caused. /patrick.