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 July 9, 2017 - July 15, 2017

Getting Ready for the Digital Age of Accounting, Reporting and Auditing

Current information published by the AICPA and Journal of Accountancy tell professional accountants to "be ready" because "technology is poised to transform the accounting profession" and that "the professional will emerge in a different form". But there is little information provided as to exactly how to be ready. What additional skills do professional accountants need to remain relevant?

In the document, Getting Ready for the Digital Age of Accounting, Reporting and Auditing: a Guide for Professional Accountants, I endeavor to provide that information.

While the resources referenced at the end of the document are not perfect; they are the best resources that exist that I have personally seen. If you are aware of something better, please let me know. Really. I want to know.

The information I have put together, while not perfect, is the best summary, synthesis, organization, instantiation that I have come up with to date. While the referenced resources contain redundant information (because I have not figured out the best organization of the pieces yet); the information set is complete.

If you want to be on one of the early boats to digital financial reporting, that information will help you understand what you have to learn and why you have to learn it.

Posted on Saturday, July 15, 2017 at 08:36AM by

Charlie in Digital Financial Reporting |