AICPA merges staff support of XBRL, enhanced business reporting to facilitate improving business information.A strategic merger of the AICPA's support of two principal initiatives for the profession--Enhanced Business Reporting and XBRL--was announced last month. Both Enhanced Business Reporting and XBRL (EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts. have as their fundamental goals improved quality and transparency of business information used for decision making. Enhanced Business Reporting concerns the content of what is being reported, while XBRL deals with the format in which information is reported. AICPA AICPA See American Institute of Certified Public Accountants (AICPA). activities related to both initiatives are now being managed under the Business Reporting, Assurance and Advisory Services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal team to maximize synergies between the two efforts. That team's executive committee also will help contribute to the success of these initiatives by establishing a special task force to address the ability to provide assurance on information reported in XBRL format for the U.S. The task force also will collaborate with the XBRL International Assurance Working Group. The link between Enhanced Business Reporting and XBRL was spotlighted in Mar. by AICPA President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Barry Melancon during testimony to Congress on fostering accuracy and transparency in financial reporting (The CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. Letter, May). [website] www.xbrl.org [website] www.ebr360.org |
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