XBRL US has issued the white paper Better Data for Better Decisions: Standards to Improve rporate ernment Reporting. The paper explores current XBRL issues of critical importance, including the use of the data standard to streamline reporting to multiple ernment agencies; how XBRL has transformed financial reporting in the US; and adoption of XBRL outside the US. The paper includes a case study demonstrating how reporting requirements for a variety of US ernment agencies overlap with US GAAP reporting to the SEC.

As stated in the Executive Summary, the paper "...proposes the use of data and technology standards throughout the ernment reporting process as a means to vastly increase efficiency, enable faster reporting, and improve auracy of data. XBRL, for example, is an existing technology standard that is now widely used by every U.S. public pany and by over 8,000 U.S. bank institutions. Using a data standard like XBRL for rporate reporting to ernment agencies would make the data puter-readable, rcing the need for further validation and scrubbing by ernment staff. This not only would rce sts and improve auracy, but would also make the data available in real-time."

The paper can be downloaded from the Case Studies, White Papers & Member Webcast Replays webpage at the XBRL US web