Strong, consistent semantics, data provenance and standardisation are, almost universally, poorly thought out inside large organisations. This makes the business of government harder than it should be. The XBRL standard can assist with many aspects of these problems.
Fifteen years ago, we used to talk about digital as a model of the real world. Now, digital is the real world. Somehow, the message has become the medium. Kodak didn’t see Instagram coming. HMV never saw Spotify in the rear view mirror. And if, fifteen years ago, you’d told the editor of the Economist […]