Why does the SEC mandate data disclosure, whereby data items are tagged to make them easily searchable?

Financial Planning and Budgeting

1. What is eXtensible Business Reporting Language (XBRL)?
2. Why does the SEC mandate data disclosure, whereby data items are tagged to make them easily searchable?

3. What is insider fraud? What are some other terms for insider fraud?
4. What is fraud risk management?
5. What four factors increase the risk of fraud?
6. Explain how accounting ISs can help deter fraud.