Comment on this Article

The Good and Bad About XBRL's Future The setup costs for XBRL is relatively low, but without the proper user tools, regulatory filings can turn into "gibberish."

Sarah Johnson, CFO.com | US
October 4, 2006

XBRL Disaster

Without reporting requirements and controls XBRL will be a debacle that will give Machiavellian CEO's a very useful tool for disguising, hiding and ommitting key required disclosures. It will spawn disasters that will make Enron look small. Public markets need strict reporting to be protected -- the honor system is always applauded by criminals.

Posted by randall enders | Oct 4, 2006 4:46 PM ET