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 April 2, 2017 - April 8, 2017

Public Company Quality Continues to Improve, 11 Quality Leaders

There are now 11 software generators and filing agents that have 90% or more of their XBRL-based public company financial reports consistent with all of the fundamental accounting concept relations continuity cross-checks.

This ZIP file contains an Excel Spreadsheet which contains detailed information about errors.

Per my measurements, the quality of XBRL-based public company financial reports continues to improve. If you compare the 2016, 2015, and 2014 results you can definitly see the improvement.

Here is the summary of consistency with the fundamental accounting concept relations continuity cross-check business rules as of March 31, 2017:

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Comparison March 2017 with November 2016:

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Compare March 2017, March 2016, March 2015:

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**********************PRIOR RESULTS**********************

Previous fundamental accounting concept relations consistency results reported: November 28, 2016; August 31, 2016; June 30, 2016; March 31, 2016; February 29, 2016; January 31, 2016; December 31, 3015; November 30, 2015; October 31, 2015; September 30, 2015; August 31, 2015; July 31, 2015; June 30, 2015; May 29, 2015; April 1, 2015; November 29, 2014.

Information helpful in understanding errors.

Posted on Sunday, April 2, 2017 at 07:48AM by Registered CommenterCharlie in | CommentsPost a Comment | EmailEmail | PrintPrint