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XBRL: Is it a TWR of BABL?
Posted by Tim Reason | CFO.com | US
April 4, 2006 9:57 AM ET

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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The New York Society of Security Analysts' Committee for Improved Corporate Reporting has a listserv devoted to XBRL and how it can be most effective in improving the analytical process. The NYSSA is a New York area affiliate of the CFA Institue with approximately 9000 professional members involved in all facets of the investment process including securities research.



All interested parties are welcome to join this listserv by sending an e-mail to:



nyssa-xbrl-subscribe@yahoogroups.com



Please let us know who you are and why you would like to join in the e-mail.



Arthur Fliegelman,

Chair

NYSSA CICR
Posted by | April 05, 2006 07:18am

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