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 August 23, 2015 - August 29, 2015

High Quality Basic XBRL Formula Examples

Here are several high-quality basic XBRL Formula examples.

XBRL Instance and Taxonomy (and other helpful human-readable information)

You can see the messages provided and the results of the rules here. (Uses the XBRL Cloud Evidence Package which shows how the rules are used.)

Each of 76 small examples has XBRL Formulas based business rules associated with them. Just click on each template and on the page brought up, see the XBRL instance, the XBRL taxonomy and the XBRL Formula based business rules file.

By "high-quality" I mean that the rules solve real but fairly basic business rules needs and they have been tested against 4 XBRL Formula Processors which (a) each say the syntax is correct and (b) provide the same results for a given business rule.

This is a working prototype of a business rule creation interface:

(Click image for larger view)Business rules are created leveraging patterns in the semantics for which rules are constructed. For example, "roll up" and "roll forward" rule creation templates are used rather than forcing business professionals to learn to work with the XBRL Formula syntax.

Posted on Tuesday, August 25, 2015 at 06:48AM by

Charlie in Becoming an XBRL Master Craftsman |