Abstract: A method to prepare an Extensible Business Reporting Language (XBRL) document in a web-hosted server includes authenticating a user, uploading financial information from a spreadsheet, storing the information, and processing the data into an XBRL compliant document for transmittal to a financial regulatory agency. The process takes an input from an Excel™ spreadsheet and produces a financial statement in XBRL format while providing a full audit trail for the document conversion and authorization including manual inputs to the final-form submission.

Abstract: Systems and methods of establishing a standardized financial data model may include financial document management system. The financial document management system may receive a credential from a user and may authenticate the user based on the credential to permit access to the system. The financial document management system may further receive a financial taxonomy extension corresponding to a financial reporting item from the first user and a financial taxonomy decision regarding the received financial taxonomy extension from a taxonomy standardization system. After receiving the decision, the financial document management system may determine whether the financial taxonomy extension may be approved and/or rejected based on the received financial taxonomy decision. If approved, the financial document management system may add the received financial taxonomy extension to a financial data model.

Abstract: A method to prepare an Extensible Business Reporting Language (XBRL) document in a web-hosted server includes authenticating a user, uploading financial information from a spreadsheet, storing the information, and processing the data into an XBRL compliant document for transmittal to a financial regulatory agency. The process takes an input from an Excel™ spreadsheet and produces a financial statement in XBRL format while providing a full audit trail for the document conversion and authorization including manual inputs to the final-form submission.