Question: XBRL is emerging as the language that will be used to create interactive data that financial managers can use in communication. How do you think

XBRL is emerging as the language that will be used to create interactive data that financial managers can use in communication. How do you think the use of interactive data might enhance the value of a company’s financial statements?

Step by Step Solution

★★★★★

3.40 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The objective of a companys financial statements is to communicate relevant financial info... 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)

102-B-A-I-S (434).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

How do you think Aramonys misuse of his position could have been prevented? What controls and accountability would you recommend? How would you persuade the Board to be more socially responsible?

How do you think the culture of the family will change in the future?

How do you think Isabelles understanding of theory and method changed in adopting the approach she chose? Isabelle was very thoughtful. She had a puzzled look on her face. The dilemma she had was one...

XBRL is becoming established as the language to create interactive data that nancial managers can use in communication. How do you think the use of interactive data might enhance the value of a...

need part 1 & part 2 answered need all of this answered P . TC sti Lab 1-1 Data Analytics in Financial Accounting of fc st t Let's see how we might use financial accounting data to perform some...

CHA P TER 9 Understanding Software: A Primer for Managers 1. INTRODUCTION L E A R N I N G O B J E C T I V E S 1. Recognize the importance of software and its implications for the rm and strategic...

need part 1 & part 2 answered End of lab Lab 1-1 Data Analytics in Financial Accounting Let's see how we might use financial accounting data to perform some simple Data Analytics. The purpose of this...

Please read the case and discuss the discussion question. Question: Is a large-group intervention an appropriate methodology in this situation and in this culture? What would you have done...

Performance Appraisal: Measurement, Assessment, and Management Chapter 7 Radius Images/Getty Images Learning Objectives After reading this chapter, you should be able to do the following: Use a...

Please read the case study and discuss the questions. Questions: 1. What observationssupportive and criticaldo you have about the way the consultants managed this change? 2. Do you agree with CEO...

Suppose you had separated the A and B chains of insulin by disulfide reduction. What chromatographic method should make it possible to isolate pure A and B chains? Explain your choice of separation...

What other types of events or information could be used in semi strong form tests?

Bob wanted to rent a share in a ski house for the upcoming winter, a six - month season. The house owner would not allow Bob to pay the rent in six equal payments over the course of the ski season...

Why does the FASB recommend the direct method over the indirect method?

In this chapters AIS at Work feature, we discuss the events and SAR surrounding the case of Bernard Madoff. A nancial analyst by the name of Harry Markopolos believed it was legally and...

Robert Berry is the managing partner for Berry & Associates (B&A), LLP. He was recently reviewing the firms income statement for the previous quarter, which showed that auditing revenues were about 5...

The annual report is considered by some to be the single most important printed document that companies produce. In recent years, annual reports have become large documents. They now include such...

could you help giving me explanation on these problems ? Thank you . Question 4 Not yet Problem 2. A plant scientist investigated plant uptake of heavy metals (for example, nickel) when four rates of...

Your company has earnings per share of $4. It has 1 million shares outstanding, each of which has a price of $42. You are thinking of buying TargetCo, which has earnings of $1 per share, 1 million...

Statistics: Written Problem Set Directions : 2. Show your work AND explain your reasoning using complete English sentences. Explanations must directly follow the solution for each part of the...