AIS and XBRL – Designing With Best Practices Overview

Shah presents 23 best practices to implement and examine how the shape of regulatory data collection process m
the future through using extensible business reporting language (XBRL).
Read this article before you begin your assignment:
The Road to Making Regulation More Efficient: A Case Study in the Application of Best Practices and Data Stand
Regulatory Reporting. ( copy link below)
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https://eds-a-ebscohost-com.libdatab.strayer.edu/eds/detail/detail?vid=0&sid=c7592241-f6fb-4ce6-9d33-
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Instructions
Write a 4–5-page paper in which you:
Research an existing small to medium-sized business that does not have an established accounting information s
Make sure you clearly identify what business line, product type, and market position.
Implement at least 5 of the 23 best practices in the reporting process within the organization. Provide details to ei
existing practices or introduce them if they do not exist. You can select any practices you like.
Explain the impact of the best practices you selected on the reporting process. Describe how the best practices a
XBRL application.
Explain how the best practices would impact the business’s operations and decision-making processes.
Use at least five quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as qual
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Str
Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.
The specific course learning outcomes associated with this assignment is:
Propose recommendations for implementing XBRL to benefit a company’s financial reporting.

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