XBRL


XBRL International, an AICPA-founded, not-for-profit global consortium of more than 400 companies and agencies working to promote technology for better and easier financial reporting, established the XBRL Standards Board to strengthen the quality, consistency and stability of the group’s technical materials and increase the openness and formality of the process for setting XBRL standards in order to accelerate adoption of XBRL throughout the world ( www.xbrl.org/announcements/xsb-pr-final-4april2006.htm ). Michael Ohata of Microsoft Corp. has been appointed the board’s first chairman, and nominations for other board positions are under consideration.

SPONSORED REPORT

Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

CHECKLIST

Being responsive to clients

CPAs and their firms have daily pressures and hectic schedules, but being responsive is crucial to client satisfaction. Leaders in the profession offer advice for CPA firms that want to be responsive to clients.

QUIZ

Test yourself on these often confused words

The spelling checker on your word processing program can do only so much to flag problems. Your best insurance is to learn the troublesome words that trip up writers and use them correctly by the standards of formal, written English.