Explain the impact of the best practices you selected on the reporting process. Describe how the best practices align with the XBRL application.
Research an existing small to medium-sized business that does not have an established accounting information system (AIS). 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 either enforce existing practices or introduce […]