Universal Reporting Language

[Miles P. Jennings, Jr.]

Here is a discussion from Linked-in's "XBRL Interactive Network"

"Deloitte Consulting: A Universal Reporting Language - Dave van den Ende and Wim Scheper" article as it appeared in FDE, Finance Director Europe.
http://www.linkedin.com/news?viewArticle=&articleID=63042363&am...

Dave van den Ende and Wim Scheper reinforce the argument for XBRL's becoming the universal reporting language. Into the Babel-like and provincial domains of the world's accounting-speak, XBRL brings a high-level, standards-based, interactive, and transparent format to digitally cut across conflicting standards. As the writers make clear, financial officers should embrace the standard as a means to dramatically improve internal reporting and communications.

Deloitte's summary is excellent and will be featured here.