On August 16, the Global Banking & Finance Review published an article referencing the AICPA XBRL US study on the cost of XBRL preparation for small companies, stating:
"The American Institute of CPAs (AICPA) and XBRL US have found that the cost of XBRL formatting for small reporting companies has declined 45 percent since 2014, according to an updated pricing survey. EXtensible Business Reporting Language (XBRL) is a global data standard used for reporting business information in a computer-readable format..."
Read the article.
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