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The Dawn of the GRC Era for XBRL


xbrl taxonomy  Research Institute ; the XBRL Risk Taxonomy Forum of the IBM Data Governance Council ; AIIM ’s StratML Work Group; and the International Standards of Accounting and Reporting (ISAR) group of the United Nations’ Council on Trade and Development (UNCTAD). The major contributors to an XBRL taxonomy for GRC can contribute to the development of  five defining domains, as follows: common financial and operational risk controls corporate social responsibility and transparency metrics issue and incident Read More...
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Documents related to » xbrl taxonomy


Sarbanes-Oxley Readiness with Microsoft Dynamics NAV
Organizations cannot achieve Sarbanes-Oxley compliance without the proper tools. But once these tools have been obtained, compliance becomes an opportunity for

xbrl taxonomy  XBRL taxonomy. Figure 10. XBRL Taxonomy XBRL can be an important tool in an organization’s efforts to become compliant with the Sarbanes- Oxley Act. It provides another resource for helping to ensure the validity and precision of data and reporting by taking human error out of the financial reporting cycle It also helps ensure that companies can easily share data with auditors, which can aid in Section 404 compliance. Organizations will also be able to create reports simply across systems and even post Read More...
Streamlining Your Conversion to IFRS: Challenges, Choices, and Transformative Technologies
Transitioning to international financial reporting standards (IFRS) is more than just a mandate—it’s an opportunity for companies to improve their financial

xbrl taxonomy  the existing U.S. GAAP XBRL taxonomy Training and education of U.S. users on IFRS   Deploying IFRS requires careful consideration and planning, especially when you consider its effect on group financial reporting activities. By understanding the potential challenges that can complicate IFRS adoption and developing a comprehensive plan to overcome these challenges, you can increase your chances for a successful transition or convergence. To understand how U.S. GAAP rules differ from IFRS principles, Read More...
Microsoft 'The Great' Poised To Conquer Mid-Market, Once and Again Part 1: Recent Acquisition Announcement
Having garnered cash amounting to the GDPs of many developed countries, software giant Microsoft has treated itself with another 'billion plus' acquisition of

xbrl taxonomy  eXtensible Business Reporting Language (XBRL) standard and the Microsoft Digital Dashboard and Microsoft BizTalk solutions. Despite jumping much later than erstwhile Great Plains on the Microsoft bandwagon, Navision has proven its superior flexibility and adaptability. The math is simple - the combined company should have nearly $500 million in revenues, will sell its products completely through an indirect channel of 4,500 resellers, and will have more than 300,000 customers using its portfolio of Read More...
Bean Counter to Business Leader: 5 Strategies for the CFO
The role of the chief financial officer (CFO) is evolving, but due to pressures to meet financial reporting requirements, there’s still a strong pull toward

xbrl taxonomy  juncture in the future. XBRL eXtensible Business Reporting Language, or XBRL, provides a way of coding financial documents such that key data and commentary can be easily found and compared. Depending on company size, and whether they are reporting using GAAP or IFRS, public companies in the US will be required to incorporate XBRL into their financial statements between now and 2011. XBRL isn't only about transparency and consistency in external reporting, however. Once a company has tagged their Read More...
Operational Excellence: The New Lever for Profitability and Competitive Advantage
Better. Faster. Cheaper. Every company is grappling with these concepts today as economic uncertainty spreads. Though many are focusing on what to eliminate in

xbrl taxonomy  Excellence: The New Lever for Profitability and Competitive Advantage Operational Excellence: The New Lever for Profitability and Competitive Advantage If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. SAP Americas is a subsidiary of SAP AG, the world's largest business software company and the third-largest software supplier overall. SAP Americas' corporate headquarters is located in Newtown Square, PA, a suburb of Read More...
Enterprises Reap Rewards of Modernizing Their ERP Systems
With increased mergers and acquisitions at the global level, organizations have started recognizing the benefits of upgrading to a modern enterprise resource

xbrl taxonomy  as XML for tagging, XBRL for business reporting, and different master data management techniques for data cleansing, aggregation, and syndication have seen growing adoption by companies of all sizes. Coupled with composite application techniques like mashups and location- based services, companies have created new ways to market products to and support customers. As organizations need to extend themselves to virtual office environments for their mobile workforce and coordinate multisite collaboration Read More...
Collecting Meaningful Data from the Web: Once an Impossibility, Now a Reality
The traditional way of extracting data from disparate data sources has been transformed by the emergence of new tools and applications, as well as the

xbrl taxonomy  extensible business reporting language (XBRL) documents and view them in a structured, usable format. The main component of Agent Community is Agent Studio . Within this IDE, users can create, modify, publish, and monitor intelligent agents. Agent Studio uses templates that recognize content “type” patterns to map and define metadata content. This allows mass numbers of agents to be created and deployed quickly.   Figure 4. Connotate—Agent Studio   The secondary component of Agent Community is Read More...
Microsoft Joins XML Specification Committee for Financials
Microsoft (NASDAQ: MFST) has joined the Extensible Business Reporting Language (XBRL) committee to help launch an XML-based standard for translating financial

xbrl taxonomy  develop and launch XBRL. XBRL is a free, new Extensible Markup Language (XML)-based specification that uses accepted financial reporting standards and practices to translate financial reports across all software and technologies, including the Internet. Members of the XBRL Project Committee represent financial, accounting, software, and governmental communities from around the world. XBRL for financial statements, developed by the committee as the first product in a future family of XBRL-based products, Read More...
The 2008 Handbook of Application Delivery: A Guide to Decision Making
IT organizations can no longer manage networks in isolation from the applications they support, requiring a shift from focusing on devices to a focus on

xbrl taxonomy  2008 Handbook of Application Delivery: A Guide to Decision Making The 2008 Handbook of Application Delivery: A Guide to Decision Making If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader.   When NetQoS was founded in 1999, traffic over the WAN was increasing in volume and complexity, leading to growing application performance issues. However, most approaches to network management still focused on device availability and fault Read More...
Oracle Renders Its PLM Outline Part One: Event Summary
Although its PLM solutions will not likely be the

xbrl taxonomy  eXtensible Business Reporting Language (XBRL), and XML-based standard for financial reporting. Also, rather than traditionally delivering a horizontally broad and functional product and relying on its technically savvy sales force to push the sales of applications on top of the Oracle database, application server, development environment & middleware stack, Oracle will increasingly rely on industry experts within its reorganizing applications sales and pre-sales teams. To that end, the version 11i.9 Read More...
Navision Enhances Its e-Vision And Looks To Expand Vertically - Part 2: Market Impact
Navision has been expanding its coverage in terms of geography, vertical industries, and product functionality. Globally, it has become one of the largest

xbrl taxonomy  eXtensible Business Reporting Language (XBRL) standard and the Microsoft Digital Dashboard and Microsoft BizTalk solutions. Despite jumping much later than other, for example, Microsoft Great Plains on the Microsoft bandwagon, Navision has proven its superior flexibility and adaptability. Navision Attain Offers Simplicity  Navision Attain is a lean, agile solution easy to implement and without the overkill often associated with large ERP solutions deployment. Navision touts that its product does not Read More...
The Blessing & Curse of SharePoint’s “Grandma’s Attic” - Part 2
Part 1 of this blog series analyzed the runaway success and genesis of Microsoft SharePoint or Microsoft Office SharePoint Server (MOSS). The article outlined

xbrl taxonomy  Blessing & Curse of SharePoint’s “Grandma’s Attic” - Part 2 Part 1 of this blog series analyzed the runaway success and genesis of Microsoft SharePoint or  Microsoft Office SharePoint Server (MOSS) . The article outlined the main reasons for the product’s widespread use and analyzed its evolution. So, what is it that SharePoint’s treasure trove of tools (a la “grandma’s attic”) can (and can't) do for companies? What Can SharePoint Do for an Enterprise? SharePoint has been implemented Read More...
Oracle Further Orchestrates Its SOA Forays Part Five: Collaxa Acquisition
With the acquisition of Collaxa, Oracle has quickly plugged a hole in its SOA/BPM message by providing new workflow capabilities and monitoring tools to report

xbrl taxonomy  Further Orchestrates Its SOA Forays Part Five: Collaxa Acquisition Collaxa Though Oracle Corporation (NASDAQ: ORCL) has taken a rather understated position towards service-oriented architecture (SOA) and business process management (BPM), its acquisition of Collaxa highlights that Oracle is factoring them into in its product strategy. Through Collaxa, Oracle will be able to provide new reporting features that will monitor the progress of business processes. It can now offer workflow capabilities, Read More...
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