Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

XBRL is a very powerful analytical tool. To demonstrate just how powerful XBRL is for analyzing corporate reports, and how its use greatly enhances the

XBRL is a very powerful analytical tool. To demonstrate just how powerful XBRL is for analyzing corporate reports, and how its use greatly enhances the corporate-reporting supply chain, PricewaterhouseCoopers collaborated with NASDAQ and Microsoft .This demonstration allows a user - an investor, a creditor, a regulator or a financial analyst - to select company reports/information from some 20 semiconductor companies, then acquire the selected reports/information in a matter of seconds. Gone is surfing from site to site to collect the company reports, the manual entry of selected information into analytical applications, the flipping back and forth to review key company disclosures, the time wasted checking numbers, etc. This demonstration illustrates how the corporate-reporting supply chain can be transformed for the benefit of investors and other consumers of company information. Describe the Microsoft Office Tool for the XBRLTMPrototype.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Robert Libby, Patricia Libby, Daniel G Short, George Kanaan, Maureen Sterling

6th Canadian edition

73208140, 1259105695, 978-1259105692

More Books

Students also viewed these Accounting questions

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago

Question

1. Effort is important.

Answered: 1 week ago