Shah presents 23 best practices to implement and examine how the shape of 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

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.