In a continued effort to educate on the development of XBRL technology in industries such as financial services (and beyond), Merrill Corporation will share articles and columns published on the topic.
Today, XBRL is accepted as the standard for everything from finance reporting to daily news, but has it always been that way?
At the end of this month, Bryant University, in Rhode Island, will be hosting the 11th annual XBRL Conference. The topic this year is, “Your Clients Begin XBRL Filings Soon - Are YOU Ready?” As one might expect, the conference theme implies the wide-spread use of XBRL, as well as the fact that there have been 10 previous annual conferences. We couldn’t help but wonder what the theme was in the past.
With a little digging, we got our answers.
During Bryant University's first XBRL conference in 2001, the event was organized by Professor Saaed Roohani, who has been said to be at the heart of XBRL since its creation:
One of Bryant’s own, Accounting Professor Saaed Roohani, has been at the forefront of the XBRL movement since the idea was conceived in 1998. At the time, he was one of only a handful of U.S. academicians who researched and taught the then-new standardized reporting language. Roohani recognized its importance in uniting world markets.
The theme that year? The XBRL Educational Resource Center, a website and academic program launched by Roohani.
The theme, and certainly the aesthetic style, of the conference has changed consistently over the years, but the effort to further the spread and education of XBRL has never wavered. We are impressed with Bryant University’s early adoption of XBRL tagging, and are further impressed by their commitment to continue it.
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