What makes a great XBRL collection platform?
What does a modern, robust, and efficient XBRL data collection platform look like? The Best Practices Board at XBRL International has just released new draft guidance that answers exactly that. From first submission to final analysis, it lays out the essential features, workflows and design considerations needed to build secure, scalable and high-quality reporting systems.
It covers the full reporting lifecycle, from receiving and validating reports, to rendering, publication, analysis, and archival. The guidance offers practical advice on best practices for submission formats, workflow automation, digital signatures, use of Report Packages, and much more. It also underscores the value of robust test environments to improve data quality and confidence across the reporting chain.
This comprehensive document is an invaluable resource for anyone involved in implementing or enhancing an XBRL collection system. Currently released as a review draft, the BPB welcomes comments from the community.
Read the guidance and share your comments here.
