Finance and Accountancy Briefing

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XBRL reporting solution: How to solve the challenges of the 'Last Mile' of finance


Financial reporting and regulatory disclosure has been in continuous state of flux for almost a decade as politicians, regulators and accounting standard setters around the world respond to the public clamor for more transparency and accountability in publicly quoted companies and large public sector organizations.

The adoption of XBRL as the de facto global reporting standard has ushered in a new era in the delivery of statutory reports and filings.

Geared towards FDs and CFOs, this paper looks at how to apply technology to solve the challenges of the ‘Last Mile' of finance.

Tags: Reporting, Regulations, XBRL, IBM.

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