150 likes | 386 Views
XBRL TAGGING The Facts of XBRL Tagging. Son, it’s time we had that little talk about, you know, taxonomies and instance documents. It will Take Time!. It’s NOT One Size Fits All!. Control. Costs. Resource Allocation. Time. Knowledge. Process Reengineering.
E N D
XBRL TAGGINGThe Facts of XBRL Tagging Son, it’s time we had that little talk about, you know, taxonomies and instance documents.
It’s NOT One Size Fits All! Control Costs Resource Allocation Time Knowledge Process Reengineering
Tagging is the Starting Point of the Journey to Global Financial Communication
XBRL TAGGINGTag it Your Way Mirror, Mirror on the Wall Which Tagging Method is the FAIREST of All?
Some Approaches Meta Data to Data Data to Template Integrated with reporting and automated TBD Integrated at MDM level
Template-based Tagging Taxonomy Template
Template-based Tagging (continue) Document Template
How about Start with Reporting Taxonomy Elements Apply Tags Retrieve Data Internal Reporting Accounts
XBRL TAGGINGThe Training Wheels Approach to Tagging After the detail tagging for footnotes is done! When do the training wheels come off?
Global Financial Communications are Valuable Corporations need to be able to create (tag) XBRLized data independently from service providers to truly revolutionize Internal and external financial communications