Why You Should be Interested in XBRL

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Presentation transcript:

Why You Should be Interested in XBRL November 16th 2004

Economic Policymaking The Corporate Reporting Supply Chain Business Operations Internal Financial Reporting External Financial Reporting Investment, Lending, Regulation Economic Policymaking Processes Participants Auditors Trading Partners Investors Financial Publishers and Data Aggregators Regulators Software Vendors Management Accountants Companies Central Banks

“Cheaper, Better Faster: XBRL Takes Center Stage in Financial Reporting” Financial Executive Magazine Colleen Sayther Cunningham, FEI CEO “XBRL benefits all members of the financial information supply chain. For the health of our capital markets, it is time for us to fundamentally enhance business reporting. Adopting XBRL is undeniably a way to achieve that.”

Distinguished Panel Members Alan Texeira, Institute of Chartered Accountants of New Zealand Angus Lund, Morgan Stanley Graham Ward, IFAC President Paul Boyle, Financial Reporting Council Mike Willis, XBRL ISC

Why You Should be Interested in XBRL November 16th 2004

Why You Should be Interested in XBRL November 16th 2004