Pinnacle Group Worldwide announced the introduction of its new service today, XBRL Sherpa. XBRL Sherpa is an accelerated method of implementing XBRL taxonomies into your organization’s financial consolidation, management, and reporting processes.
Automating proven methods of incorporating extensible business reporting language quickly and easily to comply with external reporting requirements and financial data portability within your organization.
Based on repeatable best practices, and templates incorporating different taxonomies for each vertical / industry, XBRL Sherpa allows companies to address voluntary XBRL reporting requirements to the Securities Exchange Commission (SEC) or BASEL II. The MS Excel-based platform on which the solution is based, is simple to learn and easy to use, helping you to prepare and review your XBRL documents. Taxonomies are based on all current XBRL 2.1 standards and include IFRS, US GAAP, UK GAAP, as well as several others. There is also full support for Financial Reporting Taxonomy Architecture (FRTA) 1.0. and Financial Reporting Instance Standards (FRIS) 1.0.
For more information visit: XBRL Sherpa Consulting.
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