In a joint submission, CPA Australia and the Institute of Chartered Accountants in Australia (ICAA) supported mandated use of XBRL for reporting with the stipulations that is be only for listed companies and with at least a five year implementation period. Read the article.
http://www.istockphoto.com/photo/currency-and-paper-money-of-australia-26324001?st=c61c6a0
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