What are the options for XBRL reporting?

There are mainly three options you can think for XBRL reporting

• External - typically this is outsource to third party
  • Expensive, restricted timelines, additional review processes
  • Outsourcer is still responsible for accuracy of filing and related compliance
• Internal - this can be Bolt-on XBRL tool at the end of the reporting process
  • Addresses XBRL tagging and filing at the end of the reporting process
  • Possible lower cost but can be inefficient and time consuming due to disparate systems
• Internal - this can be your Integrated XBRL reporting
  • Integrates XBRL into an organizationfs financial close & reporting process
  • Enhance existing filing process to seamlessly integrate XBRL in a unified environment