Sorry, I can't find the press releases thread, and this was too good to leave unacknowledged.
Right... It's exactly the same thing.
Today, millions of young people around the global are accessing and playing music on portable digital devices. Yet, investors, regulators and analysts today are still using paper to analyze critical data of public companies in their investment portfolios because the data is not in machine-readable formats for public consumption, comparability and analysis to determine value and risk.
But, with the current economic crisis, the financial reporting marketplace is quickly evolving to use the same technologies that the music industry is using to allow government regulators, stock exchanges, corporations and investors around the world to pick their next corporate “rock stars” for financial investment and disclosure using a new global tagging standard called XBRL.
But, with the current economic crisis, the financial reporting marketplace is quickly evolving to use the same technologies that the music industry is using to allow government regulators, stock exchanges, corporations and investors around the world to pick their next corporate “rock stars” for financial investment and disclosure using a new global tagging standard called XBRL.
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