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 in Trends (1)

Intuit 2020 Report: Twenty Trends that will Shape the Next Decade

Intuit and Emergent Research have published a summary of twenty trends which they feel will shape the next decade. This is Intuit's description of the report:

The Intuit 2020 report, authored by Emergent Research in partnership with Intuit Inc., explores the demographic, social, economic and technology trends that will affect consumers and small businesses, and those who serve them over the next decade.

The Maryland Association of CPAs provides a 10 minute video interview with Emergent's Steve King which provides an overview of these trends.

One trend is of particular interest to anyone interested in XBRL:

18. Data is Critical for Competitive Advantage - Data overload will no longer be a burden, but an advantage for individuals and companies with the skills to provide compelling analysis to consumers. Those who become proficient in the collection, management and analysis of digital data will gain competitive advantage, leaving others behind.

This report helps you get a grasp of probable changes in store as our complex world continues to evolve, helping you and your business understand how to adapt to these coming changes.

Posted on Friday, December 31, 2010 at 07:05AM by

Charlie in General Information, Trends |