XBRL adoption increasing, eases over time.

• Position: EXtensible Business Reporting Language - Survey - Brief article

A recent AICPA-XBRL survey found that 73 percent of public companies surveyed have begun preparations for adoption of XBRL. More than 90 percent had at least a basic knowledge of XBRL. The 55 percent that have already submitted XBRL-tagged data used consultants or outside vendors to create and submit, while 56 percent of those who have yet to submit plans to outsource to a service provider.

Moreover, it was found that preparation time for creating XBRL-formatted financial statements decreases dramatically after the first filing:

* 57 percent said it took them more than 120 hours to complete their first submission; 64 percent of...