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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

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