1. What are some of the common problems users encounter when trying to compare financial statements of companies (even when they are in the same industry)? Describe how using XBRL could help alleviate these problems.
2. What are the current XBRL filing requirements for publicly-listed firms in the US?
3. Why should a business create XBRL-enabled financial reports?
4. Does the FDIC require banks to file any report(s) using XBRL? If so, which reports?
5. Do you have experience filing with XBRL? If so, please describe your experience in some appropriate level of detail for the class. If you have no XBRL experience, indicate in your posting No Experience.
6. Perform a general Internet search; what services are now available to assist companies in compiling with XBRL filing requirements. Briefly describe the provider(s) and the services offered by at least 2 providers.
7. Craft your responses above in relation to posts by other classmates.
Homework week11
Please Copy and Paste Each Question Below Into Your Initial Respons
e
1. What are some of the common problems users encounter when trying to compare financial
statements of companies (even when they are in the same industry)? Describe how using XBRL
could help alleviate these problems.
2. What are the current XBRL filin
g requirements for publicly
-
listed firms in the US?
3. Why should a business create XBRL
-
enabled financial reports?
4. Does the FDIC require banks to file any report(s) using XBRL? If so, which reports?
5. Do you have experience filing with XBRL? If so,
please describe your experience in some
appropriate level of detail for the class. If you have no XBRL experience, indicate in your
posting No Experience.
6. Perform a general Internet search; what services are now available to assist companies in
compil
ing with XBRL filing requirements. Briefly describe the provider(s) and the services
offered by at least 2 providers.
7. Craft your responses above in relation to posts by other classmates.
Homework week11
Please Copy and Paste Each Question Below Into Your Initial Response
1. What are some of the common problems users encounter when trying to compare financial
statements of companies (even when they are in the same industry)? Describe how using XBRL
could help alleviate these problems.
2. What are the current XBRL filing requirements for publicly-listed firms in the US?
3. Why should a business create XBRL-enabled financial reports?
4. Does the FDIC require banks to file any report(s) using XBRL? If so, which reports?
5. Do you have experience filing with XBRL? If so, please describe your experience in some
appropriate level of detail for the class. If you have no XBRL experience, indicate in your
posting No Experience.
6. Perform a general Internet search; what services are now available to assist companies in
compiling with XBRL filing requirements. Briefly describe the provider(s) and the services
offered by at least 2 providers.
7. Craft your responses above in relation to posts by other classmates.