The benefits of XBRL and the technology behind data tagging for data management are numerous. Standardization of information, reduction of errors, high data-processing speeds and elimination of the need to re-key information will come with the new reporting standard. The industry is now getting ready for change, making sure systems are in place to fully utilize the tagged data.

In May, a survey carried out by XBRL US, a non-profit Washington DC-based consortium for XML business reporting standard

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: