Title: XBRL Data: Real Life Solutions Real Time Analysis and Insights Using eXtensible Business Reporting L
1XBRL Data Real Life Solutions Real Time
Analysis and Insights Using eXtensible Business
Reporting Language XBRL
Greg Adams, CFO COO EDGAR Online, Inc.
2Corporate Pressures
Corporations are under increased pressure to meet
market expectations, comply with regulators, and
deliver shareholder value
Regulatory (SOX)
Data Collection
Competitive Intelligence
Financial Transparency
Data Overload
Corporate Governance
Timeliness of Reporting
3XBRL - Meeting the Challenge
XBRL and I-Metrix empowers Corporate Executives
to meet the challenges of today's complex
business environment
4Capitalizing on XBRL through IMetrix
- The new IMetrix family of products provides XBRL
data and solutions today. - IMetrix provides users with the most timely
fundamental and supplementary data, analytical
templates and toolsets at a reasonable price
point.
Live Demonstration
5XBRL In-Action and Excel
6XBRL - Immediate Verification
7Instant Analysis vs. Manual Re-keying
8IMetrix Vision Benchmarking and Dashboards
9Delivering ROI
IMetrix delivers ROI throughout your organization
XBRL Better Decision Making
10Summary Benefits of XBRL for Corporations
- Lower cost of producing information
- Better tools for faster decision making
- More timely accurate data
- XBRL provides an immediate ROI for benchmarking
- Have a critical responsibility to communicate
operational results to stakeholders - Expanded communication reach
- Tell your own story to stakeholders (precise
clear) - Better control environment extension of SOX 404
- Utilized during risk assessment and planning
phase - Facilitate the comparability and granularity of
financial disclosure comp analysis - Accelerated adoption of reporting model changes
11Next Steps
- Stay Informed
- Go http//www.xbrl.org for ongoing coverage of
XBRL - Download a whitepaper, XBRL The Changing World
of Financial Reporting, at http//www.edgar-online
.com/contact/feiwebcast.aspx to learn more - XBRL is Available Today
- For more information on I-Metrix email EDGAR
Online imetrixsupport_at_edgar-online.com or go to
http//i-metrix.edgar-online.com/ - Take Action
- Put your core financials into XBRL
- Provide your Audit Committee with XBRL enabled
Dashboards