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XBRL (eXtensible Business Reporting Language) Defined

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Tue Jan 13

• Data-Tagging: New Push for a Global Standard: International rulemakers release a "nearly&q uot; final version of their XBRL tool, and many see it as a major step toward IFRS. The closest thing the global accounting community has to the Rosetta Stone ? the international financial reporting standards taxonomy for 2009 ? was released on Monday for public comment by the International Accounting Standards Committee Foundation.

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