FERF releases guide to employing XBRL.Financial Executives Research Founation (FERF FERF Financial Executives Research Foundation FERF Far End Reporting Failure FERF Far End Receive Failure ), working with FEI's Committee on Finance and Information Technology (CFIT), has released a guide to eXtensible Business Reporting Language (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. ), "Everything You Wanted to Know About XBRL But Were AFraid to Ask: A CFO's Guide." The white paper was written by Taylor Hawes, comptroller- global platforms and operations for Microsoft Corp., and Isaac Cheifetz, an executive recruiter from Minneapolis specializing in high technology. Both are members of CFIT. The paper reviews the ongoing transformation of business reporting, the business case for adopting XBRL and critical factors to consider in terms of adopting it as a standard. As the authors note, "We are on the verge On the Verge (or The Geography of Yearning) is a play written by Eric Overmyer. It makes extensive use of esoteric language and pop culture references from the late nineteenth century to 1955. of a fundamental tranformation in corporate financial accounting practices," driven by increased scrutinty and regulatory oversight
Oversight may refer to:
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