search query: @author Zarowin, S. / total: 12
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| Author: | Zarowin, S. |
| Title: | A Napster for Financial Data? |
| Journal: | Journal of Accountancy
2003 : JAN, VOL. 195:1, p. 66-70 |
| Index terms: | FINANCIAL INFORMATION SYSTEMS PUBLIC COMPANIES ACCOUNTING |
| Language: | eng |
| Abstract: | The paper states that in the not-too-distant future, you may be able, with just a few mouse clicks, to access any public company's financial reports in extraordinary detail and for any period. In addition, you may be able to perform an array of instant analyses of those data. The underlying technology is available now-XBRL (Extensible Business Reporting Language). All that's missing is a standardized protocol to implement it - and the first steps for creating such a system have just been taken by Nasdaq, Microsoft and PricewaterhouseCoopers. The paper states that these organizations have just launched a test project designed to explore whether the concept is feasible, practical and sought by financial professionals, investors and regulators. |
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