Oh, I am not referring to the presidential election.
CFOs on both sides of the isle have found common ground regarding their November 10-Q XBRL filing: “I hope I don’t get billed when I make a last-minute change.”
Now that we’ve all come to terms with XBRL as a compliance (financial reporting) standard, the new focus is on workflow flexibility. Making changes when you need to – WITHOUT generating rush fees and creating deadline anxiety – is the exact point our new fleXBRL Program.
Choice is another important election theme. Fortunately, now that the tagging groundwork is laid, CFOs don’t need to stay with their XBRL incumbent. XBRL tags simply “roll-over” from the previous quarter into our platform(s.)
To learn more about our three-party (three-tier) system, a first step is clarifying your internal workflow. How many review steps do you have? How many people need to add comments and edits? Do you have an XBRL specialist in-house? Are your hiring an XBRL expert in 2013?
Click here to tell us which workflow best suits your company and accounting department.
And remember, vote early and often!
Have a great day.