When Standards Interact: A CLOUD-Inspired Future for XBRL

During a recent trip to Seattle, I had the pleasure of sitting down for lunch with Charlie Hoffman, father of XBRL. Paul Wilkinson, Chief Strategy Officer for CLOUD and former Sr. Adviser to Chairman Cox at the SEC, had introduced us, and we’ve had a few good phone conversations over the past year about CLOUD and XBRL.

During our lunch, Charlie had an interesting reaction to CLOUD, describing it as the “logical model for the semantic web.” That lunch conversation, plus my reading of his and Liv Watson’s excellent book, “XBRL for Dummies,” have sparked some interesting thoughts about ways in which CLOUD and XBRL might interact in practical ways.

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