Earlier this week, the official first submission toward the OMG Standard Business Report Model (SBRM) RFP was made. As it turns out, there were no other teams/organizations that chose to create an alternative submission and so there will be only one team responding to this SBRM RFP. I am on that submission team as are several others from the XBRL community and we have no competition.
Our submission will be based on initial work that I had created for financial reporting. Anything related specifically to financial reporting (which is not much) will be stripped out as SBRM relates to general business reporting.
However, I have also updated my prior open framework and will be evolving that to the global standard SBRM logical conceptualization of a business report. I will be tuning that SBRM model specifically for financial reporting. What I am providing (see below) is NOT the official Standard Business Report Model (SBRM) submission version yet, I am trying to get that information to be made public and that could happen soon.
However, what I have is extremely similar, will ultimately be the same, and therefore this information is very useful if you want to understand or comment on SBRM. It is my intent to make information about SBRM that is very approachable to business professionals.
Here is what I have thus far: