Digital Financial Reporting

Accounting, reporting, auditing, and analysis in a digital environment. Find out why and how to prepare yourself here.

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The future of financial reporting is digital financial reporting. If you don't buy that, then you could likely imagine that a digital alternative to a traditial unstructured financial report seems like a pretty good tool. The following is a list of resources which will help you learn about digital financial reporting:

A digital financial report is a formal system. Every formal system can be described by a formal language. Every formal system can be shown to work using a formal proof. A theory is a tool for understanding, explaining, and making predictions about a given subject matter. A theory describes absolutes. A theory describes the world and tries to describe the principles by which the world operates. A theory can be right or a theory can be wrong; but it has one intent: to discover the essence of some subject matter.

The Financial Report Semantics and Dynamics Theory explains the mechanical aspects of a digital financial report

Financial Report Semantics and Dynamics Theory

A business report is also a formal system. Every financial report is a special case of the more general business report. This document helps you understand the essence of a business report.

Logical Theory Describing a Business Report

This Digital Financial Reporting Manifesto is intended to help professional accountants and other business professionals to contemplate, discuss, otherwise think about, and ultimately understand why and that an option should exist to express a general purpose financial report digitally.

Digital Financial Report Manifesto

Intelligent XBRL-based Digital Financial Reporting (draft book) is a comprehensive summary of everything you need to know about digital financial reporting. You can download each chapter and gain an understanding of this new approach to financial reporting.

Intelligent XBRL-based Digital Financial Reporting

This conceptual model was derived and tested by reverse-engineering XBRL-based financial reports submitted by public companies to the SEC using both US GAAP and IFRS. The logical model of this conceptual model is described in Financial Report Semantics and Dynamics Theory. That model was generalized for business reporting in the document Logical Theory Describing a Business Report.

Conceptual Model of a Financial Report