XBRL - Real Solutions, Real Time
XBRL - the extensible business reporting language -
has the power to completely the transform financial reporting process,
creating huge advantages for both users and suppliers of financial information.The
groundwork was laid by a CPA who was seeking a solution for some of
the financial reporting problems for his firm and his clients. The AICPA
is leading an international coalition of accountancy organizations,
banks, software developers and regulatory groups in developing this
groundbreaking new technology.
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