Financial Reporting 2.0 (my Internet dream)

Erin McCune

January 4, 2009

At BI for Business People Tom Hudock describes my Internet dream:

Here's an idea for those who can navigate Web 2.0, mashup, and BI. The SEC is requesting company filings via XBRL and making them freely available online.   What if BI was applied to analyze executive salaries across companies and industries. Or compare financial costs of employee salaries and benefits.

Data at your fingertips! Imagine the dynamic graphing. Goodbye Excel! It's just a matter of time. Once financial data is available for easy analysis via a browser will all those first year analysts at management consultancies be out of jobs? Mayor Bloomberg's namesake company might suffer as well.

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