XBRL Intro
Discover How It Is
Revolutionizing Business Reporting!
The global marketplace is demanding improved communication of business information. Extensible Business Reporting Language (XBRL) provides a way to improve the timeliness, accuracy, and accessibility of business information. This course will help you understand the global phenomenon of XBRL, how it works, and what regulators like the SEC are requiring for XBRL reporting. The course will also demonstrate how XBRL is being used in both public and private companies to streamline internal reporting and integrate data across platforms and spoken languages. The use of XBRL can enhance audit efficiencies for both internal and external auditors. There is a clear opportunity to offer services and products in this burgeoning industry.
OBJECTIVES
Upon completion of this course, participants will be able to:
- Understand why XBRL is changing the business reporting landscape.
- Understand the basics of how XBRL works.
- Understand how XBRL complements other major developments in financial reporting such as International Financial Reporting Standards (IFRS).
- Identify your position in this exciting new era.
HIGHLIGHTS
- Explanations of why XBRL is revolutionizing business reporting around the world.
- Descriptions and illustrations of core XBRL concepts.
- Examples of how XBRL can create value within companies and organizations.
- A summary of the SEC’s key XBRL reporting requirements for public companies.
WHO WILL BENEFIT
- Accountants in industry, government, and public practice.
- Corporate communication and investor relations specialists.
- Attorneys and compliance officers involved in regulatory reporting.
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