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 from December 12, 2010 - December 18, 2010

Construction Crew for the Last Mile of Finance Expands

Another construction crew has shown up in the ongoing project to build the last mile of finance: SAP. Well, they were actually on the project site before, but they seem to be bringing in additional heavy equipment. A couple of days ago it was announced that SAP is acquiring disclosure management solutions from cundus AG. It seems that SAP is doing this to better compete with Oracle's and IBM's offerings to the market.

So we have IBM, Oracle, and SAP in the game. These three companies can move some dirt! I wonder where the middle market software vendors are. It will be interesting to see who ends up succeeding and who ends up as road kill.

Posted on Friday, December 17, 2010 at 11:21AM by

Cool Widget, Nice SEC XBRL Viewer

This is a cool little widget that I found. But if you look closer, it is even cooler! Click on the "View XBRL Filings" link on the top of the widget and it takes you to a nice little SEC XBRL filings viewer. It is pretty basic, but it does demonstrate some of the potential of what can be achieved using XBRL. Try the SEC XBRL Viewer out than come back and read the rest of the post.

The SEC XBRL Viewer looks like it is an implementation of the open source code the SEC made available. I could be wrong about this, but it seems to be the case. The viewer is pretty basic, but look really close at what is going on here. The SEC XBRL information is being reused very effectively. Others will come up with ideas. The sky is the limit here!

Personally, I would love to see a comparison tool similar to what the SEC had during the voluentary filing program, but better.

Posted on Wednesday, December 15, 2010 at 01:36PM by

Charlie in Demonstrations of Using XBRL, widget |