XBRL Language Essentials: Financial Reporting in 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 quickly obtain knowledge because they have taken on new roles or their scope of responsibility has expanded
· Need to manage new functional areas
· Need to learn new developments within their area of responsibility
· Need to 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 Outdated, closed, and single-purpose financial reporting systems are being challenged by more cost-effective and efficient systems. Brian Berinato's book offers executives a practical and excellent perspective, allowing them to maximize the use of this new technology that can save companies significant costs, while also enabling them to accurately assess the hidden infrastructure costs of the technology without going bankrupt. 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 Outdated, closed, and single-purpose financial reporting systems are being challenged by more cost-effective and efficient systems. Brian Berinato's book offers executives a practical and excellent perspective, allowing them to maximize the use of this new technology that can save companies significant costs, while also enabling them to accurately assess the hidden infrastructure costs of the technology without going bankrupt. It is recommended that executives considering adopting this technology read this book before negotiating with developers.
This book is concise and to the point, with the author providing numerous valuable examples and demonstrations, as well as successful business techniques, which 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 language in financial and business reporting
Comparing XBRL with competing standards
How XBRL supports best practices
Evaluating the return on investment (ROI) of XBRL