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 December 30, 2018 - January 5, 2019
Quarterly XBRL-based Public Company Financial Report Quality Measurement (December 2018)
The following is a summary of the quality measurements of XBRL-based US GAAP financial reports submitted to the SEC as of December 31, 2018. The following Excel spreadsheets and other documents provide details related to these quality measurements:
- Negative results from tests (i.e. confirmed errors): Details of 100% of the confirmed errors. 956 errors contained with 630 filings.
- Documentation helpful in understanding errors
US GAAP fundamental accounting concept relations continuity cross check validation results for last 10-K or 10-Q filed by generator of the report as of December 31, 2018:
US GAAP fundamental accounting concept relations continuity cross check by logical accounting relation tested (same filings as above):
**********************PRIOR RESULTS**********************
Previous fundamental accounting concept relations consistency results reported: September 30, 2018; June 30, 2018; March 31, 2018; November 30, 2017; August 31, 2017; May 31, 2017; March 31, 2017; 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.