This document contains the solutions to the eight exercises presented in the Small Company Case, instructor notes, supplemental exercises, and solutions to other discussion questions. There are also a grading rubric, outline of lecture topics, and other materials to assist instructors in preparing their lectures.
The purpose of this case is to introduce students to eXtensible Business Reporting Language (XBRL), the tagging system for financial statement data required for all financial data filed with the Securities and Exchange Commission (SEC). The teaching case is made up of eight exercises. The first five exercises are designed to step through eXtensible Markup Language (XML), the basis of XBRL, the XBRL taxonomy schema, and tagging. These five exercises can be completed in a single week for a typical three-credit-hour course. For instructors who wish to spend more time exploring XBRL, the final three exercises are designed to illustrate how XBRL can be used...
