Sunday, August 01, 2010

Essentials of XBRL



While my recuperation from Wisdom extraction is in progress, I managed to finish the reading of this book during the dull weekend. Pains still intact though.

This book is targeted for the audience from the group of C-level, hence you can imagine how above-50,000-feets the materials can be. Nonetheless, it does provide a very important perspective on how XBRL can portrait itself as a valuable corporate asset and not just another technology.

It is only 200+ pages and with a lot of spaces in between the lines for easy sighting of old folks. Lolx.

Anyway, the book is focused on elaborating the evolutionary power of XBRL in the accounting field, particularly how it will transform accounting firms and corporate accounting department. However, I guess it would be more valuable if it can includes more emphasis on other stakeholders such as regulators and software vendors and not just a breeze on them.

Moving forward.



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