XBRL: An Agent of Financial Reform?

Posted by Scott_Ruecker on Nov 5, 2008 3:07 PM EDT
LinuxInsider; By Jim Offner
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Simplify. That, at its heart, is the purpose of XBRL -- extensible business reporting language. XBRL employs a common set of tags for financial terms, making reports more searchable and transparent to everyone who uses them. Designed to provide information to investors and anyone else researching financial markets, it is an open standard that is operating system agnostic.

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