Accounting Information Systems 1st Edition by Vernon Richardson,Chengyee Chang ,Rod Smith

Exercise 15

XBRL allows disaggregated data to be presented to interested external parties. Financial analysts often predict one-year-ahead earnings and then suggest whether an investor should buy, sell, or hold a stock. Which type of disaggregated data do you think financial analysts would be most interested in receiving when predicting one-year-ahead earnings: detailed sales data, detailed expense data, detailed asset data, and/or detailed liability data? Support your answer. In your opinion, which disaggregated XBRL data would be most useful information in predicting whether an investor should buy, sell, or hold a stock?