The future of financial reporting is digital financial reporting. Find out why and how to prepare yourself here.
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 TheoryThis 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.
Comprehensive Introduction to Knowledge Engineering for Accounting ProfessionalsThis 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 ManifestoDigital Financial Reporting (draft book) is a comprehensive summary of everything you need to know about digital financial reporting. You can download each chapter, or all the chapters, and gain an understanding of this new approach to financial reporting.
Digital Financial Reporting (draft book)The Financial Report Ontology is machine-readable metadata which is usable by software applications. It is a usable working prototype implemented using the XBRL global standard technical syntax. While it is highly likely that way more will be added to the Financial Report Ontology, this working prototype will get you started.
Financial Report Ontology (Working prototype)