Security in XML-Based Financial Reporting Services on the Internet

J. Efrim Boritz, University of Waterloo - School of Accounting and Finance, and Won Gyun No, Iowa State University

9/22/2008
(Original Publish Date: 5/3/2005)

Many companies are attempting to leverage the power of financial information by creating corporate websites to provide such information to employees, investors, and financial analysts. Extensible Business Reporting Language (XBRL) was developed to provide users with an efficient and effective means of preparing and exchanging financial information over the Internet. Extensible Assurance Reporting Language (XARL) was designed to enable assurance providers to report on the integrity of information distributed over the Internet and help users and companies place warranted reliance on such information.