Digital Financial Reporting

XBRL-based structured digital financial reporting

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Digital Financial Reporting Using XBRL

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This web site provides information on how to use XBRL to help business professionals exchange business information. Business information incluldes both financial and nonfinancial information. Everything on this site made available to all under a Creative Commons License, Public Domain Dedication. Everything may be reused however one sees fit without attribution. We do ask that you give credit where credit is due. If you have any questions, comments, concerns, suggestions, ideas or other feedback, please contact charles.hoffman@me.com.

The author of this web site assumes all responsibility for this web site and it's content. The views expressed on this web site are the views of the author and may not represent the views of his employer.

BLOG: Digital Financial Reporting

This is a blog for information relating to digital financial reporting. This blog is basically my "lab notebook" for experimenting and learning about XBRL-based digital financial reporting. This is my brain storming platform. This is where I think out loud (i.e. publicly) about digital financial reporting. This information is for innovators and early adopters who are ushering in a new era of accounting, reporting, auditing, and analysis in a digital environment.

Much of the information contained in this blog is synthasized, summarized, condensed, better organized and articulated in my book XBRL for Dummies and in the chapters of Intelligent XBRL-based Digital Financial Reporting. If you have any questions, feel free to contact me.

Entries in Filing errors (2)

CFO: 18,000 Tagging Errors in XBRL Filings So Far

CFO Today in Finance in an article, 18,000 Tagging Errors in XBRL Filings So Far, errors in SEC XBRL filings are pointed out. But that is better than expected, say the SEC and XBRL US, the article points out.

The article is talking only about errors reported by the XBRL US consistency suite. There is a list of the types of errors included in the list of 18,000 within the article. It is worth having a look at the list.

No suprise here. In fact, there are other types of errors which I am seeing in the SEC XBRL filings. See prior blog entries for those.

I suspect that the SEC will eventually tighten the reins. No idea when.

Posted on Wednesday, October 13, 2010 at 08:54AM by

JofA Covers Avoiding Common Errors of XBRL Implementation

Users need better search capabilities in taxonomy creation software so they can FIND the right concepts. The use of synonyms to help identify concepts would be very helpful to users.

Click to read more ...

Posted on Friday, February 5, 2010 at 07:57AM by

Charlie in Filing errors, General Information, Modeling Business Information Using XBRL, US GAAP Taxonomy, US SEC, XBRL General Information |