You need a sense of humor when you’re working the XBRL mines

At the “Improving Financial Analysis Through Structured Data” conference, Alex Rapp, co-founder of Calcbench, lead an excellent discussion titled “Comparing Financial Fundamentals.” For those of you not trudging towards Mordor, which seemingly has been the journey of XBRL, “comparison” is a key driver of structured data. XBRL is an organized, common ground (tagged) database across all 10-K and Qs with the data being delivered directly from the public company’s official SEC filing, rather than a third-party “re-keying” of the data from .XLS and HTML documents.

For those of you not yet experienced with XBRL, Alex offers a concise overview with juuuuust enough cheek to demonstrate his passion and well-grounded expertise.

You can view his full “Comparing Financial Fundamentals” talk at this link. It’s the fifth video down the list of all the session videos of the conference.

His group, Calcbench, are wizards at using the XBRL data (output) for analysis and investors unlike us… who are wizards at the input for public companies (read here).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s