week 5 Discusion 3

 Class, are you familiar with the XBRL reporting? eXtensible Business Reporting Language (XBRL) is a way to communicate and exchange business information through a standard system. Every public company is required to submit its quarterly and annual financial information to the SEC in XBRL. XBRL “enables companies and investors to view, analyze, and present company financial information quickly and inexpensively” – why is it, anyone?  

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