Of the over 400 posts on this blog, only one was devoted to XBRL… …but it was a relatively popular one, ranking in the top ten per cent by page views. As the post was entitled XBRL: are we missing something?, this level of interest might be taken to indicate that yeah, perhaps we are. In that post,…

Is XBRL the future of financial reporting asks Tom Selling in the title of a recent post on his Accounting Onion website, immediately answering his own question with an exuberant “YES!” Here’s part of his argument: “..the FASB should take it as a given that XBRL will be a game changer for accounting standards. For…