Attend this session to gain an understanding of the value of the XBRL standard in the preparation, collection and analysis of financial data. Learn how the Taxonomy serves the role as the single data model. Regulators can manage the taxonomy to establish a long-term infrastructure for data collection that can be continuously adapted to meet changing reporting requirements and changes in technology.
Gain insights into how the single data model is put into practice at the FDIC to improve timeliness, reduce costs and burden, and adapt to new reporting needs over time.
- Jaret Klekota, Global Assurance Standards, Methodology and Implementation Resident, Global Professional Practice, Ernst & Young LLP
- Mark Montoya, Senior Business Analyst, Federal Deposit Insurance Corporation (FDIC)