In the latest of our conversations with players in the compliance and governance realm, we talk to Mike Willis, founding Chairman of XBRL International and a proponent of extensive use of XBRL in financial reporting. Compliance Week asked Willis to share his thoughts on the future of eXtensible Business Reporting Language, the chance of the SEC mandating its use, and how companies can prepare now for a future tagged in XBRL. The conversation is below.
Mike Willis is the founding chairman of XBRL International, the consortium lobbying for greater use of XBRL in financial reporting. Willis, a partner at PricewaterhouseCoopers, ...