Injury-hit Liverpool look to avoid FA Cup upset

first_img Arsenal are bidding to become the first team since Blackburn in 1884-86 to win the FA Cup in three straight years, and to extend its record-setting haul of FA Cup titles to 13. With his team having its best chance in years to win the Premier League, Arsenal manager Arsene Wenger must decide whether to rotate his squad. Wenger said Thursday that Alexis Sanchez is not yet ready to return from a hamstring injury, but midfielder Mikel Arteta is available. Liverpool are in the middle of a gruelling schedule – it will be the team’s sixth game in 19 days – that is taking its toll on the squad. Manager Jurgen Klopp is without a senior centre back for the match, as Mamadou Sakho, Dejan Lovren, Martin Skrtel and Kolo Toure are all hurt, while attackers Daniel Sturridge and Philippe Coutinho are also injured. The match comes three days after a League Cup semi-final match at Stoke, and five days before a Premier League game against first-place Arsenal. Klopp could even make 11 changes to the team. “It will be a team that hasn’t played too often together,” Klopp said. “If this is a chance for Exeter, then they have to take it.” This will all be music to the ears of Exeter’s players, whose team is 16th in the 24-team League Two – a gap of 76 places to Liverpool in the English ladder. The last time Exeter reached this stage was in 2005, when they took Manchester United to a replay after a goalless draw at Old Trafford. MANCHESTER, England (AP): It’s a match that has all the ingredients of a classic FA Cup upset. An injury-hit, inconsistent and potentially jaded Premier League heavyweight making a 500-mile round trip to a team in the lower reaches of the fourth tier with a small ground, poor field, and a recent history of shocking a top side. Exeter’s home game against Liverpool today is the pick of the games in the third round of the FA Cup, when the giants of the Premier League join the teams from the lower leagues and non-league in the world’s oldest club knockout competition. As always, the search is on for a huge shock on one of the most exciting weekends in the English calendar and it could come at the 8,500-capacity St James’ Park, which – located in the south-west corner of England – is one of the most remote grounds in the country. THREE-PEAT GRUELLING SCHEDULElast_img read more

XBRL: Financial Content Management Language

first_imgOver the last week Jon Udell of InfoWorld has had a podcast and a number of blog entries about XBRL (eXtensible Business Reporting Language). Since 2000, many have expected to see a revolution in the accounting and financial industry because of XBRL.  It just didn’t happen though because industry acceptance was lacking.  But that seems to be changing.  In October 2005, the US Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board launched an XBRL project that mandates banks to submit quarterly reports in XBRL format.  8300 banks are now participating.  The SEC is also moving towards standardizing XBRL as the language for exchange and reporting of financial information.  EDGAR Online is providing company financial statements in XBRL format.  And XBRL is gaining ground in Europe too.XBRL as a standard exchange format will revolutionize the way financial data can be communicated, often shaving days or even months off of existing processes.   Company financial records can be consolidated.  Manual re-entry or data transformations will be eliminated.  XBRL will further commoditize/standarize datasets operated on by accounting software and ERP packages.Further, XBRL will form the foundation for software tools and applications that will help corporations provide the greater transparency that compliance regulations like Sarbanes-Oxley have been demanding.  Financial comparative analyses of companies can be run at the push of a button. This will be a huge plus for securities analysts and investors.Technologies like XBRL and ECM (Enterprise Content Management) document and records management are key towards giving companies and their auditors greater control in finding corporate information.last_img read more