Let’s Expand Structuring Requirements
Jan 15, 2018
On January 15, 2018, XBRL posted an article from the CFA Institute's Mohini Singh, where they argue that the SEC (and other market regulators around the world) are making positive steps by ensuring that corporate reporting data is machine readable, but that they are only at the beginning of an important journey.
The next steps, in priority order, include:
- Publishing Earnings Releases as human-and-machine readable Inline XBRL, with the information that is "the start of the food chain" being available in structured form.
- Publishing Management Discussion and Analysis ("MD&A", often called "management commentary" in Europe and Asia) numeric data in structured form.
- Publishing MD&A textual data in block-tagged form.
Review the full article on XBRL's website.
