Accountants and XBRL

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Through the use of XBRL in companies, accountants will be able to


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Obtain more rapid and reliable data on company financial performance.
arrow   Greatly reduce effort and costs in gathering and analyzing data.
arrow   Simplify and automate tasks.
arrow   Focus effort on analysis and value-added work.
arrow   Make better use of software to improve efficiency and speed.

In summary, XBRL can speed up, reduce effort and increase reliability in accounting and auditing tasks.