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 June 5, 2011 - June 11, 2011
Semantic Models
As part of a discussion thread on XBRL-Public, I learned something which I sort of knew but never really heard this articulation or explanation of semantic models before. It seems to make things clearer for me.
Wikipedia defines semantic models as:
Terms such as "semantic network" and "semantic data model" are used to describe particular types of data models characterized by the use of directed graphs in which the vertices denote concepts or entities in the world, and the arcs denote relationships between them.
That describes what XBRL does.
If you work with XBRL and you don't understand graph theory, you need to study up if you REALLY want to understand XBRL.
Charlie
in Modeling Business Information Using XBRL
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