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With XBRL you can't hide

An article by S. Swaminathan is the Founder CEO of IRIS, and India’s leading XBRL evangelist "At IRIS, our exercise to develop India’s first XBRL database of listed companies threw up some startling findings. We were stunned that for several companies, the financial statements for financial year 2008 lacked internal consistency in the sense that the numbers reported in the schedules did not tally with the number in the main financial statement. The variations ranged from as high as 40 per cent in some elements in some companies to less than 1 per cent in others" 

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IRIS Business Services Here's a list of regulators across the world who have implemented iXBRL with great success: https://t.co/86QXvLRN8f https://t.co/cZZkdsH6Rx 21 Jul 2017

IRIS Business Services Your #XBRL report might be validated but it could still have incorrect data: https://t.co/LW3XpQStcA https://t.co/oN8UX8hSro 21 Jul 2017

 

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