Publications

Browse our growing collection of case studies, white papers and resources documenting the significance of the business reporting data standard, or check out one of our Infographics to get a clear picture of the hows and whys of the financial data standard.

Contact info@xbrl.us to share details about your use case or tool.

Case Studies & White Papers	Infographics
Review case studies, white papers and research from XBRL US and others. Here’s a sample: Reduce Business Burden, Cut Govt Spending – Adopt XBRL - December, 2016 This paper provides the XBRL US position on the use of financial data standards and recommends adopting the freely available, open XBRL data standard for all financial data reporting required by U.S. regulators. Only the XBRL standard has 1) the appropriate format to render data computer-readable; 2) the appropriate information component to clearly and consistently portray definition, time period, units and other attributes of financial data and; 3) the appropriate identifier mechanism to persistently define needed identifiers such as reporting entity. View this infographic for problems in today’s business to government reporting and this infographic for steps government can take to save billions with standards. The gains for the US economy by adopting this approach will be substantial: Significant savings in data collection and processing costs for business, government and the American taxpayer Reduced burden (cost) on US businesses Consistent, comparable, timely information for investors, businesses and policymakers Continue reading	Get the big picture on selected topics with one of our standardized financial data infographics. How Auditors Use Structured Data & Why - January, 2017 Auditors evaluate the reasonableness of client projections such as future revenue growth, profitability and capital expenditure requirements. To evaluate the reasonableness of these projections, BDO USA, LLP often looks at data from similar companies within the same industry. XBRL allowed them to perform a more robust analysis with more companies over a significantly shorter time period. Streamline Data Collection in Surety Underwriting - May, 2017 The clock is ticking toward modernization as sureties embrace the Work in Process Taxonomy to save thousands of hours of data entry, while improving their own analysis and giving contractors faster access to credit.

Case Studies & White Papers

Infographics

Review case studies, white papers and research from XBRL US and others. Here’s a sample:

Reduce Business Burden, Cut Govt Spending – Adopt XBRL
- December, 2016

This paper provides the XBRL US position on the use of financial data standards and recommends adopting the freely available, open XBRL data standard for all financial data reporting required by U.S. regulators. Only the XBRL standard has 1) the appropriate format to render data computer-readable; 2) the appropriate information component to clearly and consistently portray definition, time period, units and other attributes of financial data and; 3) the appropriate identifier mechanism to persistently define needed identifiers such as reporting entity.

View this infographic for problems in today’s business to government reporting and this infographic for steps government can take to save billions with standards.

The gains for the US economy by adopting this approach will be substantial:

Significant savings in data collection and processing costs for business, government and the American taxpayer
Reduced burden (cost) on US businesses
Consistent, comparable, timely information for investors, businesses and policymakers

Get the big picture on selected topics with one of our standardized financial data infographics.

How Auditors Use Structured Data & Why

- January, 2017

Auditors evaluate the reasonableness of client projections such as future revenue growth, profitability and capital expenditure requirements. To evaluate the reasonableness of these projections, BDO USA, LLP often looks at data from similar companies within the same industry. XBRL allowed them to perform a more robust analysis with more companies over a significantly shorter time period.

Streamline Data Collection in Surety Underwriting

- May, 2017

The clock is ticking toward modernization as sureties embrace the Work in Process Taxonomy to save thousands of hours of data entry, while improving their own analysis and giving contractors faster access to credit.