This year's debacles in financial disclosures have demonstrated the urgent need for better ways for companies to report results to investors and other stakeholders. Using XML data tags to describe financial information for public and private companies and other organizations, XBRL transforms corporate reporting from a paper-oriented publishing model into an Internet broadcasting model, providing significant benefits to all participants. This talk will describe for an XML-savvy audience a significant pilot project by NASDAQ, Microsoft and PricewaterhouseCoopers, and will cover in depth several significant XBRL announcements by government agencies, exchanges, and Fortune 500 companies, all scheduled for mid November.