Better ratings and better bankruptcy predictions are possible with ratio analysis of the financial statements prepared by local government. That requires high quality digital disclosures.
In our interview with Bruno Simoes from the Brazil National Treasury, he gave an overview of the XBRL project there and details how using XBRL is improving government reporting though enhanced data transparency and accuracy. The true strength of XBRL he says is that “XBRL empowers the business person. You are no longer a rider in a car being […]
Bruno Simoes from the Brazil National Treasury gives an overview of the XBRL project there and details how using XBRL is improving government reporting though enhanced data transparency and accuracy.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
