Coquitlam Public Library

Extensible business reporting language

eng

videorecording

Extensible business reporting language

897770065

Originally produced by SmartPros in 2013

96

The extensible business reporting language, or XBRL, is a language that enables the electronic communication of financial data. XBRL has truly revolutionized business financial reporting around the globe. XBRL offers an opportunity for IT professionals to closely align with their business colleagues; working jointly to solve reporting problems and issues well before financial reports are filed with government entities. This three-part WatchIT, Core Technologies series, features educator and XBRL expert, Thomas Tribunella. Mr. Tribunella is a Certified Public Accountant and an associate professor at the State University of New York's, Oswego campus. This first program in the series provides an overview of XBRL and discusses its impact on IT. Part two will examine XBRL taxonomy building and coding and part three explores using XBRL with spreadsheets and other systems. Track: Core technologies technical insights and the underlying concepts of essential technologies. Learning objectives: Explain the nature of data and information. Recognize the problems with financial information reporting and how XBRL provides a solution. Understand the requirements for publicly held companies to submit XBRL financial information. Understand the application of XBRL & XML in accounting. Articulate the impact of XBRL on IT

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