General Ledger Trial Balance to External Financial Report
Sunday, August 5, 2018 at 08:35AM
Charlie in Becoming an XBRL Master Craftsman

I am continuing to piece together a complete financial reporting solution and explain my approach.  The most current iteration is this document, General Ledger Trial Balance to External Financial Report.

That document combines information from my first and second explanations. The ultimate goal is to create the framework for implementing a modern finance platform using 100% global standard XBRL technical syntax.

If you want to understand all this, I would recommend three documents:

Steven Covey, in his seminal book The Seven Habits of Highly Effective People, says "Begin with the end in mind." (Habit 2).  What is the end?  Well, these 5,734 US GAAP financial reports and these 406 IFRS financial reports are the end.

If you believe that accounting, reporting, auditing, and analysis will be done in an increasingly digital environment as contrast to the current old-school processes created for paper-based reporting; you may want to wade through the notes that I have been taking for the past 20 years: Intelligent XBRL-based Digital Financial Reporting.

Brand new to XBRL? How XBRL Works is a popular video that explains the basics.

Article originally appeared on Intelligent XBRL-based structured digital financial reporting using US GAAP and IFRS (
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