http://www.accmanpro.com/2009/03/30/will-xbrl-open-up-a-pandoras-box/ Thu, 09 Feb 2012 10:01:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.accmanpro.com/2009/03/30/will-xbrl-open-up-a-pandoras-box/comment-page-1/#comment-6084 JustSystems Continues to Drive XBRL Standard Forward | Digital Asset Management Thu, 07 May 2009 07:27:20 +0000 http://www.accmanpro.com/?p=4451#comment-6084 [...] Will XBRL open up a Pandora’s box? (accmanpro.com) [...] [...] Will XBRL open up a Pandora’s box? (accmanpro.com) [...]

]]> http://www.accmanpro.com/2009/03/30/will-xbrl-open-up-a-pandoras-box/comment-page-1/#comment-6083 New SEC chief unhelpful on IFRS and XBRL | AccMan Wed, 29 Apr 2009 04:49:04 +0000 http://www.accmanpro.com/?p=4451#comment-6083 [...] Will XBRL open up a Pandora’s box? (accmanpro.com) About This Post Posted by Dennis Howlett on Apr 29th, 2009 and filed under General. You can follow any responses to this entry through the RSS 2.0. You can leave a response via following comment form or trackback to this entry from your site [...] [...] Will XBRL open up a Pandora’s box? (accmanpro.com) About This Post Posted by Dennis Howlett on Apr 29th, 2009 and filed under General. You can follow any responses to this entry through the RSS 2.0. You can leave a response via following comment form or trackback to this entry from your site [...]

]]> http://www.accmanpro.com/2009/03/30/will-xbrl-open-up-a-pandoras-box/comment-page-1/#comment-6082 Daniel Roberts Mon, 30 Mar 2009 12:06:17 +0000 http://www.accmanpro.com/?p=4451#comment-6082 Neal is quite right. XBRL is not, or was not, intended to create more information that is already reported, but simply to tag that information to ensure rapid and easy consumption of the information. It remains the responsibility of the reporting company to determine what and how, within relevant accounting standards, they will report. Therefore "and other" becomes, in effect, an override to the standard label that is provided within the taxonomy. XBRL is not an accounting standard, and does not pretend to either be one or to expand on any accounting standard. Therefore, it remains perfectly acceptable for a company to report "and other" using XBRL. Neal is quite right. XBRL is not, or was not, intended to create more information that is already reported, but simply to tag that information to ensure rapid and easy consumption of the information. It remains the responsibility of the reporting company to determine what and how, within relevant accounting standards, they will report. Therefore "and other" becomes, in effect, an override to the standard label that is provided within the taxonomy. XBRL is not an accounting standard, and does not pretend to either be one or to expand on any accounting standard. Therefore, it remains perfectly acceptable for a company to report "and other" using XBRL.

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