Question: XBRL allows disaggregated data to be presented to interested external parties. Financial analysts often predict one-year ahead earnings and then suggest whether an investor should

XBRL allows disaggregated data to be presented to interested external parties. Financial analysts often predict one-year ahead earnings and then suggest whether an investor should buy, sell or hold a stock. Which type of disaggregated data do you think financial analysts would be most interested in receiving when predicting one-year ahead earnings? Detailed sales data, detailed expense data, detailed asset data and/or detailed liability data? Support your answer. In your opinion, which disaggregated XBRL data would be most useful information in predicting whether an investor should buy, sell or hold a stock?

Step by Step Solution

★★★★★

3.40 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

It is arguable that to come with up with a prediction of yearahead earnin... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

419-B-A-I-S (6998).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Which type of ecological succession do you think occurred in the region surrounding Mount St. Helens after the volcano erupted in 1980? Explain your choice by comparing primary and secondary...

Do you think your business would be successful on the Internet? Why or why not?

Which sources of employment information do you think will yield the best results for your job search? Why?

XBRL allows disaggregated data to be presented to interested external parties. Financial analysts often forecast earnings many years ahead and then suggest whether an investor should buy, sell, or...

I have to do an accounting assignment. I have attached the instructions, the questions, and pdf's containing the information requested for the questions. Company Estimates & Opinions Sanmina Corp...

List four basic financial statement analysis procedures, describe how you would calculate each procedure and discuss why you would use each procedure. In your initial response, please do not use...

XBRL Audit Instructions With this project you will explore Starbucks' use of XBRL in filing 10-Ks with the SEC. This audit will require you to look at the underlying data in the electronic filing of...

Which sections of the attached report could be the most useful for understanding the company's strategic direction and cash allocations for innovation? The increasing number of accounting rules and...

Read Accounting Headline 7.9 and, adopting a Positive Accounting Theory perspective, consider the following issues: a)If a new accounting standard impacts on profits, should this impact on the value...

David Gould set up his accounting firm, providing accountingservices to small businesses, in 20X6. Within three years his fee incomewas in excess of 100K a year and he had nearly 100 clients most of...

Name a C compiler feature that could eliminate a large number of security holes. Why is it not more widely implemented?

Convergence between IFRS and U . S . GAAP can occur by Multiple select question. the FASB mandating that the IASB adopt FASB standards. the IASB adopting an existing FASB standard. the FASB adopting...

1. What are the key differences between a team and a working group?

Why is cloud computing not the best option for all companies?

Research the current state of certification authority licensing in the United States and Europe. Write a brief report of your findings.

What is pseudocode? Are end users or systems designers involved in this process?

A 2% coupon, 10-year maturity TIPS is issued on July 15, 2020 for 100, its par value. If the CPI increases by 22% over the 10-year life of the bond, then the investor will receive a final coupon of...

show work if possible Consider the following table, which gives a security analyst's expected return on two stocks and the market Index in two scenarios: Defensive Aggressive Stock Scenario...

Listed below are randomly selected heights (in inches) of males from 1877 and from a recent National Health and Nutrition Examination Survey. Heights from 1877: 71, 64, 68, 70, 70, 69, 67, 67, 68,...