Is XBRL GL primarily about accounting information leading to the financial statement? Can XBRL GL help with operational reporting, benchmarking, balanced scorecard, etc.?
XBRL GL certainly facilitates financial statement preparation by representing accounting information at the detail or transactional level. This same representational activity allows a company to more easily produce internal operational reports, benchmarking metrics and scorecards. XBRL GL is a tool for both internal and external reporting.
