Different ways to Use/View the US GAAP Taxonomy
Sunday, July 20, 2008 at 08:15AM
Charlie in US GAAP Taxonomy

There are many different ways to view the US GAAP Taxonomy (Version 1.0).  Just looking at the set of files is not what XBRL is all about.  Rendering the information within those files is much more interesting to business users.  Eventually, these applications will get better and better. This is a summary of many of those ways (if you know of other viewers, email me and I will add them to the list):

Each of these options has its pros and cons.  What is the coolest is that there is a possibility to do this because of XBRL.  If the US GAAP Taxonomy was in the form of a piece of paper, a PDF file, or even a set of HTML pages on a web site; repurposing the taxonomy would be significantly hard or flat out impossible.

What I look forward to is being able to do the same thing with the thousands of SEC filings which will be appearing over the coming years!

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