CompSci: How XBRL is Like the NFL
Saturday, December 3, 2011 at 06:50AM
Charlie

This useful article published by CompSci, How XBRL is like the NFL, can help you avoid common recurring errors being made by filers learn about the nuances of working with the XBRL medium which have been pointed out in SEC staff interpretations.  Here is a summary of the types of errors this blog post covers:

To that useful list I would add common errors I see in my observations of SEC XBRL financial filings:

Eventually software will watch over the creators of SEC XBRL financial filings, helping to make sure these sorts of errors don't exist.  Today's software is still maturing and does not commonly provide this level of functionality.

For more insights, see my document Modeling Business Information Using XBRL.

Article originally appeared on XBRL-based structured digital financial reporting (http://xbrl.squarespace.com/).
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