XBRL Protocol Will Up Transparency and Speed Data Searches

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LONDON--Greater transparency in financial statements and faster data searching for investment analysis purposes will be among the more tangible benefits from the project currently producing a common standard and document type definition for use in accounting reports and financial statements.

The Extensible Business Reporting Language, or XBRL, is the proposed accountancy markup language that is being supported by the American Institute of Certified Public Accountants. The language is derived

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