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May 31, 2007

Opening up XBRL

Caroline Thomas looks at the free XBRL tools available.

The SEC has long been a vocal supporter of extensible business reporting language (Xbrl), with its voluntary filing program blazing a trail for interactive data. However, as many analysts and investors pointed out when the voluntary filing program began over two years ago, companies could file in XBRL but there was no widely used free way for investors to view the data. One analyst reportedly phoned the Ceo of Pepsi to complain that the XBRL documents the firm had just filed with the SEC were

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