In response to my recent article on XBRL adoption, I got a note from Eric Linder, president of SavaNet, detailing his view of XBRL.
In a nutshell, Linder says the SEC needs to give companies more direction about the way they implement XBRL if it is going to be useful to investor and analyst community — and that the professional investor community should let them know this.
Eric sent me a link to comments he had already sent to Jack Ciesielski, who posted them on the Analysts Accounting Observer blog. Rather than reprint them here, I'll point you there, but Eric's piece is worth reading. (Yes, he's a vendor of XBRL reader software, but read what he says and you'll see his self-interest is aligned with the larger interest).
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