Detail Finally, Business Talks The Same Language   Oleh:  Zarowin, Stanley ; Harding, Wayne E. Jenis: Article from Bulletin/Magazine Dalam koleksi: Journal of Accountancy vol. 190 no. 2 (2000), page 24-31. Topik: BUSINESS; business talk; language Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85.11 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Just as English is the universal language of commercial pilots, so XBRL soon will be the lingua franca for all business reporting - from issuing financial statements to banks and shareholders to filing 10 - Ks with the SEC or uploading business information onto a Web site. The development surely will revolutionize how business data are reported, used and calculated. The good news is that, in most cases, you won’t have to learn anything to be able to “read” or “write” XBRL - which stands for extensible business reporting language - because it will be built into most, if not all, accounting and financial reporting software. Once added to the software, it will automatically and transparently translate all the business information you choose - numbers and words - so each segment of data is identified when viewed by a Web browser or sent to a spreadsheet application for calculation or examination. Even better news is XBRL won’t require extra attention from CPA s and other financial managers and will make their work easier to perform and more effective: improving access to and the usability of financial data no matter whether the information is from a business or an association or whether the entity is large or small, public, private or nonprofit. Additionally, XBRL will reduce the cost of processing, calculating and formatting financial information because, once the data are created and formatted the first time, they never have to be keyed in a second time or reformatted for any special presentations. The bottom line is that XBRL will expand professional opportunities for CPA s and other financial executives and add value to financial information for all users : auditors, preparers, bankers, shareholders - in short, anyone who creates, uses or accesses an organization’s business data. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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