XBRL touts as its primary advantage that it increases efficiency for the firm and those interested in

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XBRL touts as its primary advantage that it increases efficiency for the firm and those interested in its business reports.

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a. How is XBRL more efficient for the firm that reports its business performance? Does the use XBRL GL in a firm’s accounting software make XBRL more or less efficient than when XBRL GL is not used?

b. How is XBRL more efficient for those using its business reports for regulator, investing or other purposes?

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Accounting Information Systems

ISBN: 978-0078025495

1st edition

Authors: Vernon Richardson, Chengyee Chang

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Question Posted: Mar 04, 2015 03:07 AM

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XBRL touts as its primary advantage that it increases efficiency for the firm and those interested in

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a XBRL in and of itself may not make the reporting company more effi...View the full answer

Accounting Information Systems

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