BLOG: Digital Financial Reporting
This is a blog for information relating to digital financial reporting. This blog is basically my "lab notebook" for experimenting and learning about XBRL-based digital financial reporting. This is my brain storming platform. This is where I think out loud (i.e. publicly) about digital financial reporting. This information is for innovators and early adopters who are ushering in a new era of accounting, reporting, auditing, and analysis in a digital environment.
Much of the information contained in this blog is synthasized, summarized, condensed, better organized and articulated in my book XBRL for Dummies and in the chapters of Intelligent XBRL-based Digital Financial Reporting. If you have any questions, feel free to contact me.
Entries from January 2, 2011 - January 8, 2011
UK’s Financial Reporting Council: Move Annual Reports Online, away from Print
ComputerWorld UK reported that the UK’s Financial Reporting Council (FRC) has called for companies to publish searchable, online-only versions of their annual reports.
This is part of the accounting watchdog’s recommendations for companies to improve accessibility to annual reports for investors. It presented its proposals in its ‘Effective Company Stewardship: Enhancing Corporate Reporting and Audit’ report.
The FRC believes that the annual report and accounts to be posted on a company’s website, rather than produced in print,” it said in its proposals.
Charlie
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