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 August 11, 2013 - August 17, 2013

Human Friendly XBRL Database

28msec took there existing information processing platform, loaded the business information from XBRL instances and XBRL taxonomies (rather than the XBRL technical syntax), extended their existing query platform specifically for the business information (BizQL), and the result is XBRL.io. Their stated goal is as follows:

We want to radically simplify the way people build and deploy business reporting applications using XBRL.

As I understand it they are testing their platform by loading the entire set of SEC XBRL financial filings into their database platform. That should provide very good information about how scalable their database is and the power of their query language.

The jury is still out.  I will be checking this out as I got invited to join their private beta. You can sign up for yourself. There is certainly more to come. I am cautiously optimistic.

For more information about XBRL and databases please see this blog post.

Posted on Saturday, August 17, 2013 at 07:11AM by Registered CommenterCharlie in | CommentsPost a Comment | EmailEmail | PrintPrint