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A Tour of Five XBRL Tools
Oleh:
Wenger, Mitchell R.
;
Elam, Rick
;
Williams, Kelly L.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
Journal of Accountancy vol. 215 no. 4 (Apr. 2013)
,
page 48-55.
Topik:
Extensible Business Reporting Language
;
Software
;
Financial Reporting
;
Spreadsheets
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ85.34
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Supporters of extensible business reporting language (XBRL) have long touted its potential to transform financial data mining and analysis. Now that potential is starting to become a reality, thanks to several new software applications. These tools are designed to help accountants, investors, and analysts extract data from XBRL documents for use in familiar suftware applications such as Microsoft Excel. This is a major development in the evolution of XBRL, which to this point has focused on companies learning to apply XBRL "tags" to label the myriad pieces of information in financial reports. The SEC spurred this process by instituting a requirement that all publicly traded companies in the US file their financial reports using XBRL. A number of software tools designed to fully exploit XBRL data are now available. Hitachi Xinba launches as an Excel add-in. It adds a menu to the Excel Ribbon that lets accountants create exactly the analysis spreadsheet needed.
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