Shah presents 23 best practices to implement and examine how the shape of the regulatory data collection process may change in the future through using extensible business reporting language (XBRL).

Read this article before you begin your assignment: The Road to Making Regulation More Efficient: A Case Study in the Application of Best Practices and Data

Standards in 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 them if they do not exist. You can select any practices you like.