Accounting

XBRL - Sooner than expected?

XBRL - Sooner than expected?
The Securities and Exchange Commission’s (SEC) release of final rules mandating Extensible Business Reporting Language (XBRL) has not yet been issued. However, it seems that reporting in the format called XBRL could come earlier than expected. A target date of December 15, 2008 for large companies could be at hand.

Some companies have already started the transition to XBRL. Some companies are not ready for XBRL, in some measure due to the lack of qualified professionals to implement it. Accountants and financial professionals with this experience are in demand. CPA’s should attend seminars, or more convenient webinars to better understand the role that they can play in this major project.

XBRL International is a consortium of more than 500 companies and agencies worldwide working together to build the XBRL technology and promote its adoption. Some of the benefits of XBRL are improved accuracy, greater efficiency, and easier comparability of financial statements.

If you are looking for professionals with XBRL experience, This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Accounting and Finance Job Changes

Jobsinthemoney website recently wrote an article on the effect of shrinking bonuses and the desire to find a new job. My contribution to the article is reproduced below. For the full article, see the link at the bottom of this article.

Up the Corporate Ladder

Many CPAs understand that promotions come about only by moving from one company to another, says Bob Lee, president of Gibson Martin Careergoals, an executive recruiter in Kinnelon, N.J. "Often, people are managing their career by moving to a new company. The reality is that firms can't always promote all the time," he explains.

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Accounting

XBRL - Sooner than expected?

Accounting and Finance Job Changes