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 18, 2017 - June 24, 2017
Commentary Linkbase for IFRS-FULL
I created a commentary linkbase for US GAAP a while back. I started a similar commentary linkbase resource for IFRS-FULL (2016). Here is the 2017 IFRS-FULL taxonomy commentary. (This is the IFRSBOX commentary linkbase prototype.)
(I am doing that as part of my template creation exercise for IFRS which will expand my expert system to that reporting scheme.)
What something like the commentary linkbase does is allow you to add helpful commentary or other guidance or explanations to an XBRL taxonomy. It is just a label linkbase that uses a specific label role. You can see how the commentary shows up in a software tool in this graphic.
How much coding was required to get software to support this feature? Zero. Comes with XBRL; if software developers created their software correctly.
This XBRL instance makes use of the commentary linkbase. It also has a bunch of different labels, another very useful feature of XBRL. (Here is a screenshot of that.)
Imagine all the other documentation you could provide to make taxonomies even more useful! Got any ideas? Let me know.
Charlie
in Becoming an XBRL Master Craftsman
|
Post a Comment
| 
Email
| 
Print
