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 from February 17, 2008 - February 23, 2008
Paper is so 20th Century!
This is one of the coolest and potentially useful things I have seen in a long time. Go to the following link:
Look in the upper right hand corner for the text box. Type in something like "Car" or "Good" and just watch what happens. Try dragging the dots around. Note the legend at the bottom which explains how to read the information.
How cool is that?
Imagine a financial statement presented like this (the SEC Financial Explorer is a step in that direction). Or, imagine being able to navigate through a taxonomy like this.
Charlie
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