It’s All About Software (2)

As the UK prepares for filing tax returns in iXBRL the press is whipping up a media frenzy about battles between software companies and accountants. They obviously didn’t read my previous post, It’s All About Software. I know the software I use to do my UK tax filings is already testing its iXBRL output capability, so all this looks like nothing more than a slight draught in a rather large teacup.


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  • Good points Stewart, I think that it is over-hyped - any vendor who wants to hang onto his customers will be on this. There are plenty of options out there for accountants. The issue for me is that the technology which is very powerful is being decribed in detail to accountants and financial controllers, and as an xml advocate of many years, to confuse the end consumer is one of the worst things you can do if you want successful adoption. Please check out our easy iXBRL solutions if you don't want to be baffled by tupples, dimensions and taxonomies!
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