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CFO Systems Partner Neal Greenberg on Inline XBRL

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Disconnected Challenges

  • Essentially no difference in tagging, between XBRL® and iXBRL
  • No risk in making the change
  • Experience in iXBRL tagging since filing for the quarter ending March 31, 2018

XBRL® and iXBRLTM are trademarks of XBRL International, Inc. All rights reserved. The XBRLTM/® standards are open and freely licensed by way of the XBRL International License Agreement.

Connected Results

  • Essentially no difference in tagging, between XBRL® and iXBRL
  • No risk in making the change
  • Experience in iXBRL tagging since filing for the quarter ending March 31, 2018

XBRL® and iXBRLTM are trademarks of XBRL International, Inc. All rights reserved. The XBRLTM/® standards are open and freely licensed by way of the XBRL International License Agreement.

Solutions

SEC Reporting

 

Did the process add any time?

The amount of work to make the switch was almost seamless. As far as going through and actually going through and doing the tagging, there really is no difference. You're finding the concepts, finding the facts. Everything else is basically the same.

What would you say to someone on the fence?

I would say, "Why hesitate?" Because there's really no difference. I've seen no risk in making the change. That's why I would continue to do it. Yes, I would recommend it because you really don't notice any difference when you're going through the process. Yes, there is a little difference in how it shows up on the SEC site, but I actually looked and liked it that way.

I would do it again. As far as a normal CFO, you're not going to see a difference. So I would do it now.

XBRL® and iXBRLTM are trademarks of XBRL International, Inc. All rights reserved. The XBRLTM/® standards are open and freely licensed by way of the XBRL International License Agreement.

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