Can IATI benefit from XBRL’s experiences?
Over the last weeks, I started exploring XBRL, the eXtensible Business Reporting Language. Its purpose is “ to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.”
There are clear parallels with IATI, the International Aid Transparency Initiative, the open data exchange standard for development and aid activities I have been working on.
In essence, the data collectors benefit more than the data publishers in both cases: what can we learn?