How can your company create a Financial Statement in XBRL form

There are a number of ways to create financial statements in XBRL:

• XBRL-aware accounting software products are becoming available which will support the export of data in XBRL form. These tools allow users to map charts of accounts and other structures to XBRL tags.
• Statements can be mapped into XBRL using XBRL software tools designed for this purpose.
• Data from accounting databases can be extracted in XBRL format.  It is not strictly necessary for an accounting software vendor to use XBRL; third party products can achieve the transformation of the data to XBRL.
• Applications can transform data in particular formats into XBRL.  For example, web sites are in operation which transform EDGAR filings in the United States into XBRL, providing more efficient access to specific data in the filings.