XBRL Language Essentials: Financial Reporting of the 21st Century: Financial Reporting of the 21st Century

Author: Brian Berinato
Publisher:
Publish Date: 2004-09-01
Features: This series is designed for busy business consultants and corporate professionals, enabling them to quickly acquire knowledge and skills in core business areas. Each book in the series provides the essential foundation for professionals who:
· Need to acquire knowledge quickly due to new roles or expanded responsibilities
· Must manage new functional areas
· Must learn new developments within their areas of responsibility
· Must create more value for the company or clients
The accounting industry is undergoing a technological revolution. Outdated, closed, and single-purpose financial reporting systems are being challenged by more cost-effective alternatives. Brian Berinato's book offers executives a practical and excellent perspective, allowing them to maximize the potential of this new technology, which can save companies significant costs, while also enabling them to accurately assess the hidden infrastructure costs to avoid financial ruin. It is recommended that executives considering adopting this technology read this book before negotiating with developers.
The accounting industry is undergoing a technological revolution. Outdated, closed, and single-purpose financial reporting systems are being challenged by more cost-effective alternatives. Brian Berinato's book offers executives a practical and excellent perspective, allowing them to maximize the potential of this new technology, which can save companies significant costs, while also enabling them to accurately assess the hidden infrastructure costs to avoid financial ruin. It is recommended that executives considering adopting this technology read this book before negotiating with developers.
This book is concise and to the point, providing numerous valuable examples and successful business techniques that will greatly benefit readers in grasping the new thinking, strategies, developments, and technologies of XBRL.
What is XBRL language, and why should you care?
Understanding the role of XBRL in financial and business reporting
Comparing XBRL with competing standards
How XBRL supports best practices
Evaluating the return on investment for XBRL