What is financial statement automation?

It is the practice of generating financial statements directly from source ledger data, with tie-outs, roll-forwards and iXBRL tagging produced by the same governed model, so no figure is keyed by hand.

Do we have to move off our current ledger?

No. DECIMA reads your existing ledger and consolidation systems, so financial statement automation runs on the data you already have.

Who owns the iXBRL tagging?

Tagging is applied inside the model as statements are assembled, so tags stay attached to the underlying evidence and are validated before filing.

Exchange trading floor at dusk with market data screens

01SEC & ESEF Reporting

The 4-day clock doesn't wait for spreadsheets

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Financial statement automation means the statement is assembled by an engine from source ledgers — every figure traced to evidence — instead of typed into a template while the clock runs.

01The problem

Whether it's a sudden cybersecurity breach, a massive executive departure, or an unannounced acquisition, the SEC gives you exactly four business days to file an 8-K.

The problem: manual financial statement assembly

What happens in legacy reporting platforms? Chaos.

Legal is scrambling

Your legal team is scrambling to write the narrative.

Finance is relinking files

Your finance team is frantically linking spreadsheets to Word documents.

Compliance is praying

Your compliance team is praying the XBRL tags are formatted correctly. Your legacy software doesn't actually help you understand the event—it just gives you a blank, collaborative canvas to panic inside of.

Four business days, orchestrated

What DECIMA has already done by the time your team logs in.

Hour 0Event

Material trigger detected

A cyber incident or operational failure raises a material alert straight from the systems it happened in.

Hour 0Draft

8-K written automatically

DECIMA generates a complete, SEC-compliant draft with the financial impact already embedded.

Day 1Review

Executives assess, not assemble

Legal, finance and compliance review one governed document instead of merging three versions.

Day 4File

Approve and submit

iXBRL tags, tie-outs and the full evidence trail are in place before the deadline, not after it.

The solution: DECIMA financial statement automation

DECIMA doesn't just format your 8-K. It writes the first draft before you even ask. DECIMA is plugged directly into the nervous system of your business. When a critical cyber incident or operational failure triggers a material alert, DECIMA doesn't wait for a human to type it out.

Zero-Day Drafting

DECIMA instantly analyzes the live event and automatically generates a complete, SEC-compliant 8-K draft.

Automatic Financial Impact

Our platform natively understands the financial materiality of the event and embeds the correct data instantly.

No More Manual Tagging

Say goodbye to expensive XBRL consultants. DECIMA programmatically applies the exact iXBRL tags required by the SEC as the document is generated.

How Financial Statement Automation runs on the engine

Five stages that run continuously — not a quarterly scramble reassembled by hand.

01
Ingest
Governed connectors pull ledgers, sub-ledgers and source systems into the engine, with every field traced back to where it came from.
02
Model
The engine maps accounts, entities and disclosure requirements for Financial Statement Automation into one live model instead of a set of linked files.
03
Draft
Narrative, tables and tagging are generated from the model, so a change in the numbers rewrites the output rather than the reverse.
04
Validate
Rule checks, tie-outs and control tests run inline as the draft forms, flagging breaks at the point they appear.
05
Sign off
Reviews, approvals and evidence are captured as work happens, so the audit trail for Financial Statement Automation is complete the moment you file.

What changes

The measurable difference once Financial Statement Automation stops being a manual assembly job.

01
Disclosure starts at a reviewable draft instead of a blank page, so the four-day window is spent on judgement, not assembly.
02
Financial impact and statements regenerate from the ledger, so a late adjustment costs minutes rather than a full re-review cycle.
03
Every figure and tag carries lineage back to its source, so reviewers and auditors verify rather than reconstruct.

Questions teams ask

Straight answers about running Financial Statement Automation on an evidence-first engine.

Related workloads

Other reporting work that runs on the same engine and the same data model.

Automate the statement, not just the template.

See how DECIMA assembles SEC-ready financial statements from source data, tagged, tied out and evidenced before your team opens the draft.

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