New software applications promise to help accountants, investors and analysts unleash the potential of eXtensible Business Reporting Language. The tools allow users to extract data from XBRL documents and organize them in, for example, Microsoft Excel.
Technological advances and market forces are helping position outsourced accounting services as an attractive line of business for certain firms. Technology author and business consultant Geoffrey Moore lays out a four-stage process to developing a high-value business for client accounting services.
A World Economic Forum report that includes survey results of more than 1,000 global leaders ranks threats that are the most likely to happen in the next decade and that need attention the most urgently.
CFOs need to engage their IT departments to help thwart cybercrime, Homeland Security Assistant Secretary Greg Schaffer told attendees of the CFO Core Concerns conference this week. Protecting valuable data should be a part of an organization's overall risk-management strategy, he said.