Implementing XBRL in-house – Different strokes for different folks - Part 2

">includes stock exchanges, regulatory bodies, filing
In my first article about implementing XBRLcompanies, accounting firms, large corporations
in-house, I focused on companies that had towith global subsidiaries or multi-layered
comply with regulatory bodies, and theorganizational structures that have or manage
components they needed in order to implementcomplex financial reporting processes. The main
XBRL successfully.goal for these report consumers is to have an
This article will focus on the second class of XBRLeasy way to capture, validate, review,
consumer - regulators or other organizationsconsolidate, store, and recall the reporting data
involved in data collection and consolidation. Whenfrom many companies, and then be able to
we think of this category of user, we think ofquickly analyze this data for compliance and risk.
reporting needs at the macro level. This group