Executive Summary (This is a document excerpt)

In the US, eXtensible Business Reporting Language (XBRL) is promoted largely through the efforts of the US Securities and Exchange Commission (SEC) and is currently pending guidelines for reporting of annual and quarterly financial statements. But once the technology is understood and embedded in business applications and enterprise resource planning (ERP) systems, XBRL usage will escalate as it has in Europe and Asia. Its value will not be limited to the reporting of financial statements alone. Beyond the creation of interactive data reports, finance process and application professionals should look to XBRL for budget and forecasting analysis as well as industry and competitor benchmarking.

Buy Risk-Free

Download and print PDF immediately. Price: US $499

Our Money-Back Guarantee: If you are not completely satisfied, return it for a full refund within three weeks of your online purchase.

Already a Forrester Client?
Log in to read this document.