XBRL International has announced the release of a new working draft of its XBRL GL taxonomy. This taxonomy enables the tagging of data at the GL and journal entry level. It is expected to be particularly useful in linking different and disparate systems. Since XBRL is an XML taxonomy specifically intended for Financial and Business Reporting and has been identified by the SEC and others as the prime technology for data tagging for these purposes, it is expected that XBRL GL will become an important part of Financial Reporting Control Systems. XBRL releases new version of its GL taxonomy