rporate finance executives are getting more vocal over their frustration with XBRL.At a recent Financial Executives International nference,executives said they aren’t using financial data formatted in XBRL for their own data research purposes.They’re simply submitting their financial data in the XBRL format to meet a regulatory requirement.

“This isn’t something I’ve heard my analysts say is useful,”said Nick Cyprus,vice president,ntroller and chief acunting officer at General Motors at the FEI nference,acrding to CFO magazine.Finance chiefs at Mcrmick &.and at Johnson &Johnson echoed Cyprus.

Stephen sgrove,vice president,rporate ntroller and chief acunting officer at Johnson &Johnson,reportedly said his own research tools are more sophisticated and capture more than XBRL provides.“We see absolutely no use for it,”sgrove said.“It’s just rndant to what we already have.”

Michael Kaplan,a partner at international law firm Davis Polk,asserted that mpanies are having a hard time adhering to the reporting requirement,whether they perform the job entirely in house or outsource some portion of the tagging.mpanies also are finding that the filings and formatting are targeted to investors needs,not internal rporate needs.

The Securities and Exchange mmission isn’t oblivious to the ncerns.,acting chief acuntant at the SEC,reportedly said at the FEI nference that his staff has heard from many people who have shared their challenges and their ncerns about whether investors are making good use of XBRL-formatted information.He said the SEC’s enomic analysis group has found that data aggregators are using XBRL information and find it helpful.

Charles Hoffman,an acuntant who helped develop and promote XBRL,said aeptance and utility will follow software development.“There’s no way you can bolt on or send out to a financial printer to have more work done and then have the CFO say with a straight face that there’s any value being created,”he said.The value mes,he said,in changing systems so that numbers are managed and financial statements are created in XBRL rather than nverted to XBRL after the fact.

Hoffman predicts the advent of newer and better software will make XBRL more useful to mpanies internally.He predicts new releases will be rolling into the market in mid to late 2013.

-See more at:http://hitachidatainteractive.m/2013/04/17/mpanies-say-they-find-little-use-for-xbrl-formatted-data/

中文新闻：企业认为XBRL格式数据用处不大