IAC pitches XBRL
- By Patrick Marshall
- Apr 02, 2007
The Industry Advisory Council released a white paper on the eXtensible Business Reporting Language, an international open-standard electronic business language. The report outlines the potential benefits for the federal financial-management community, such as data traceability, consistency, flexibility, reuse and visibility. XBRL streamlines processes for collecting and reporting data. The paper may be found here
Patrick Marshall is a freelance technology writer for GCN.