The X-Factor PoorSatisfactoryGoodVery GoodExcellent Be the first. (0 ratings) Log in to rate this article. CFA Magazine September 2006 | Vol. 17 | No. 5 | 1 page Source: CFA InstituteTom Larsen, CFA Read Abstract This article addresses the following key points: • Proponents believe eXtensible Business Reporting Language will revolutionize financial data collection. • Interactive data may benefit users by not only improving access to data but also saving time, raising accuracy, and lowering costs. • For XBRL to work, a standardized data classification system, or "taxonomy," must be developed. • Low investor demand and other obstacles are slowing the implementation of XBRL. View more information Topics Financial Statement Analysis Credits · About the CE Program 0 CE (including 0 SER) Record credits Credits recorded Members, log in to record your credits. Manage CE Credits People who viewed this page also viewed: Advanced Risk and Portfolio Management Bootcamp - ARPM Bootcamp The six-day course provides in-depth understanding of buy-side quantitative modeling from the foundations to the most advanced statistical ... More Loading ...