Accounting Information Systems outputs
XBRL, AI and in-memory technologies
Introduction
The objective of this chapter is to explore the role of three cutting-edge technologies – XBRL (eXtensible Business Reporting Language; including iXBRL), in-memory computing technology and Artificial Intelligence (AI) – in data analytics for internal decision-making. These technologies are chosen as XBRL solves the issue of data preparation and integration and enhances data usefulness; in-memory computing enables real-time data processing; AI helps extract abstract patterns of data and provides guide for data prediction.
XBRL is a financial reporting markup language that provides the financial community with a standard approach to prepare, publish ...
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