Awareness of XBRL rises once again in the results of our 2011 survey, with 47 percent of respondents having at least some level of awareness, though responses vary among regions.
As in 2007 and 2009, respondents indicate the use of XBRL tagged interactive data will have the largest effect or improvement on uploading company data into financial analysis models, accessing companies data regarding the level of timeliness and making comparisons between companies and/or industries. Unlike in 2007 and 2009 those obtaining most or all of their information from 3rd party data providers do not indicate a higher effect/improvement than those manually extracting most or all of their data from source documents.