XBRL Power Newsletter 2012 Q1
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The Roadmap to Successful XBRL Adoption
In this Q1 edition of our XBRL Power newsletter, we begin by examining why XBRL has risen to prominence,
the advantages and disadvantages of adopting XBRL as the financial reporting standard,
and the relative success of historical adoption approaches. Finally, we'll review the lessons learned from the early adopters,
outline XBRL Implementation best practices and in the process answer the primary question on global regulators' minds:
"Is XBRL really ready for prime time?" read more...
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Leveraging the True Analytic Power of XBRL
The simple truth may be that the tools designed for consuming XBRL data have lagged
behind the applications designed to capture and validate these XBRL instance documents.
Without XBRL conformant tools to mine and interpret this information, all of the power and advantages
that XBRL brings to financial data are rendered useless. read more...
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