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 July 31, 2016 - August 6, 2016
Comprehensive Introduction to Business Rules for Professional Accountants
Business rules arise from the best practices of knowledgeable business professionals. A business rule is a rule that describes, defines, guides, controls, suggests, influences or otherwise constrains some aspect of knowledge or structure within some business domain.
Professional accountants work with business rules every day and the tend to not realize that they do so. Most of the business rules are available only in human-readable form. With more and more information being made available in structured form, such as XBRL-based public company financial reports, machine-readable business rules are becoming increasingly important.
The document Comprehensive Introduction to Business Rules for Professional Accountants helps professional accountants and other business professionals get their heads around business rules.
Charlie
in Becoming an XBRL Master Craftsman
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