"Following last week's critique of XBRL, I had an interesting email exchange with David vun Kannon, a manager in KPMG's financial services practice and one of the editors of the XBRL spec. The dialogue went far beyond what InfoWorld's letters column could ever accommodate, so with David's permission, I'm reproducing it here. "
GLXML centers around the Object Managment Group (OMG) General Ledger Facility approved in Tokyo 1999, in order make this standard available using XML technology. It is also an attemt to evalute its usefullsness. My view on Classic Double Entry Accounting (CDEA) is based on Luca Pacioli (Venezia 1494), 22 years in accounting program development, where the high peeks were Accounting Engine Components, OMG GL, Netaccount and arapXML.net.
0 Comments:
Post a Comment
<< Home