XBRL (eXtensible Business Reporting Language) can change the financial world. The SEC can help make XBRL widespread.

XBRL,a new way of organizing financial and business data, transcends language, systems, and software.

WillExtensible Business Reporting Languagethreaten the future of American business competition?

U.S. companies need to accelerate the development and use of XBRL, a financial reporting system that enables investors and analysts to compare company performance.

The Committee hopes that the SEC will follow up the new proxy proposal and the promise of XBRL (Extensible Business Reporting Language) with other advances in the use of electronic communications.

Since becoming chairman of the Securities and Exchange Commission (SEC), Christopher Cox has been advancing the idea of a new, electronically based system of disclosure that will both improve the information available to investors and reduce the disclosure and reporting costs of companies. This new system, which the chairman calls...

Technology in the form of XBRL could helpin the future to level the playing field between large and small firms in the competition for capital.

Chairman Cox continued some of his predecessor's troubled initiatives, pursued some good ones of his own,but missed several opportunities.