The Relevance of XBRL Tagging

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Question # 00794175 Posted By: dr.tony Updated on: 02/15/2021 10:08 AM Due on: 02/15/2021

Subject Education Topic General Education Tutorials:

Question

Read "Six Steps to XBRL" by Phillips, Bahmanziari, and Colvard in the February 2008 issue of Journal of Accountancy.

a. Is XBRL relevant to companies that don't file with the SEC? Justify your response.

b. List the six steps the authors recommend for creating XBRL-tagged documents.

c. How many XBRL-tagged filings did the SEC receive as part of its voluntary program?

d. With respect to Dragon Tag software:

i. What are the elements of an entity profile?

ii. What is a "hopper"?

iii. What is "validation"? Why is it important?

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score 2 · Accepted Answer · 02/15/2021 10:09 AM

Solution: The Relevance of XBRL Tagging

Tutorial # 00792493 Posted By: dr.tony Posted on: 02/15/2021 10:09 AM

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