Is it possible to develop new XBRL taxonomies to improve the communication of financial data be-tween companies and governments?

This question entirely guided the XBRL project realized with the CRO funding, part of the FESR (2007-2013) with the support of the EU, the Italian State and in particular the Veneto Region and in collaboration with Corefiling, a software house based in Oxford (UK) and specialized in XBRL.

The aim of the project was to conduct a comparative analysis of XBRL technology in Italy with the most advanced nations in the use of the same: Holland, United Kingdom and United States.