« IDEA (Interactive Data Electronic Applications) | Main | IFRS Modules Manager provides good insights to business users »

XBRL Implementation Options for Preparers: Outsource, Bolt-on, Integrated

Neal Hannon and Mike Willis explain three different strategies preparers can use to meet the SEC mandate on the Hitachi Blog.

These three ways are:

  • Outsource the XBRL to a financial printer or other EDGAR filing agent
  • Use a bolt-on XBRL software package to create XBRL exhibits internally
  • Integrate the XBRL mapping inside your normal financial reporting process

The advantages and disadvantages of each option is discussed.

Posted on Monday, August 18, 2008 at 09:49AM by Registered CommenterCharlie in | CommentsPost a Comment

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.