Leveraging XBRL for Value in Organizations

The International Federation of Accountants (IFAC) and ISACA have jointly developed the paper Leveraging XBRL for Value in Organizations to provide accounting and assurance professionals with guidance to leverage value from XBRL (eXtensible Business Reporting Language) initiatives and compliance requirements. The benefits and opportunities of embedding XBRL within internal processes can enhance management communication and increase the value of data used within an organization. Examples and case study material are included, as well as XBRL Resources.