Resumen de Peer benchmarking made easy with XBRL
The article looks at managerial accounting, focusing on benchmarking against peer firms as an important source of information for financial planning and risk analysis. The author notes that the adoption of eXtensible Business Reporting Language (XBRL) as the standard for financial reporting by U.S. businesses facilitates benchmarking and cites software designed for that purpose including the Benchmark Suite from Calcbench and Crossfire from Rivet.
