Participants in this session will learn how other companies and the analyst community are using XBRL to enhance their reporting and analytical processes and controls. Specifically, participants will learn about the:
- Rules: Mandatory SEC XBRL requirements, specifically, implications of the transition from year 1 to year 2 as well as the end of the modified liability provisions for XBRL submissions.
- Results: Reporting considerations and insights including common errors and issues, ramifications for poor quality reports, and reporting best practices.
- Rewards: Compliance process and control enhancements realized by companies migrating from outsourcing/bolt-on to built-in implementations. Also, a clear answer to the "Who is using XBRL?" question directly from a leader in the research community.
- Rest of the World: Transition of regulatory compliance processes from paper to the Internet by governments around the world and the related company considerations.