Commentary: XBRL tagging will change how financial data is reported

11/3/2009 | Computerworld

Extensible Business Reporting Language, a version of XML tagging designed to improve the efficiency of financial information reporting, won't change what information is reported, Russell Kay writes. Instead, it will change how information is reported. "With XML tagging, the information in a business report is computer-readable and can be extracted, searched and analyzed (even if it's from multiple sources and written in different languages)," he writes.

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