Wednesday, July 15, 2009

Explaining XBRL to CFOs

Research and surveys continue to show that most managers and executives do not have a clear understanding of what XBRL is and what it can do. The Canadian Institute of Chartered Accountants (CICA), chief sponsor of XBRL in Canada, just issued a publication to help in addressing this issue. It's a CFO Briefing called "Transition to XBRL", under the auspices of the Canadian Performance Reporting Board. It's available for free download from the CICA Website and is definitely worth a read.


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