Emergic: Rajesh Jain's Blog

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Gov 2.0: 10 Learnings for India – Part 5

September 20th, 2010 · 1 Comment

4.       All financial spending data should be released in XBRL by Indian government departments. XBRL (eXtensible Business Reporting Language) is the lingua franca of accounting data. It is XML-based and is being increasingly adopted by companies worldwide (and in India). What it does is to allow data to be interpreted and processed in a standardised […]

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