Posted on Friday, October 6, 2017
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Despite its presence and use for several years now, XBRL has not achieved its full potential for either investors or companies in the United States. One reason is that companies continue to see structured data as a compliance and cost burden, and they have shared these views with regulators. Securities regulators worldwide are examining costs and some of what has been learned may be particularly relevant to them.

This CFA Institute blog and the supporting paper examines the costs that large and small companies bear in preparing and filing their financial information in a structured format and what can be done to mitigate those costs.

Read the blog: Realizing the Potential of Structured Data 

Read the paper: The Cost of Structured Data: Myth versus Reality

Upcoming XBRL US Events

Center for Data Quality Committee Meeting
Thursday, June 27, 2024

Get Ready for SEC Fee Based Filing Payments Modernization
Thursday, July 11, 2024

Domain Steering Committee Meeting
Tuesday, July 16, 2024

Communications & Services Steering Committee Meeting
Tuesday, July 16, 2024

GovFin 2024: Municipal Reporting Workshop
Tuesday, July 30, 2024

FERC: How Regulators Use Technology to Improve Efficiency
Wednesday, September 11, 2024