The CFA Institute, a global, not-for-profit association of investment professionals, is offering a white paper for investors who currently musts navigate a winding and uneven path in order to collect the financial information they need to make informed decisions. The detailed, 28-page paper is written for analysts, portfolio managers, and investors, but in layman’s terms. It explains how and why XBRL addresses the problem investors now face, which is the variety of information formats that now come from company websites, data and information services, and third-party aggregators. This information, found and gathered from various sources, provides little consistency or comparability.
A Guide for Investors gives an overview of the basic aspects of eXtensible Business Reporting Language and describes for investment professionals the benefits and challenges as the industry moves toward full adoption of XBRL reporting.
June 12th, 2009 at 4:49 pm
It sounds wonderful – put me on your mailing list!
July 30th, 2009 at 11:25 am
Anything that speeds quality information flow & consolidation is welcomed.