Run XBRL Right Now (Exhibit 6)
And finally, in less than 25 lines of
code, the database query generates a file that is
XML-compliant with the XBRL specification. This
XML file is called an XBRL instance document.
ASC Topic 842 is a relatively simple standard that can mean profound changes for organizations with leases. This report examines what makes this standard challenging and describes new ways for CPAs to add value.