A financial report is a logical system that can be described and explained using a logical theory. In this fourth industrial revolution being able to understand and explain logical systems to each other and to machine-based processes.
The Logical Theory Describing Financial Report is a consolidation and re-synthesis of multiple separate resources that I had but am pulling together and better organizing and synchronizing with the OMG Standard Business Report Model (SBRM). You can get to this logical theory here.
I am trying to simplify, simplify, simplify. If you have any requests, feedback, or other comments please don't hesitate to give me a shout. If you don't understand why this is important, I would invite you to check out this background information.
Why go through all this effort? This is what it takes to make digital financial reporting work reliably and effectively. How are you going to get something like smart regulation to work? Magic?