HOME (FRF for SMEs™)

This page contains detaied information primarily for use by humans reading the information. For better machine-readable information and a summary, please go to the INDEX page.

The American Institute of Certified Public Accountants (AICPA) created and has issued its Financial Reporting Framework for Small- and Medium-Sized Entities (FRF for SMEs™). This resource is a machine-readable ontology that supports creating XBRL-based digital financial reports using that framework.

This ontology was created leveraging the Open Source Framework for Implementing XBRL-based Digital Financial Reporting. To understand why this ontology-like thing is important, please have a look at Artificial Intelligence and Knowledge Engineering Basics in a Nutshell.

For one resource that ties all the puzzle pieces of XBRL-based digital financial reporting together, please see Intelligent XBRL-based Digital Financial Reporting. If you want the most recent information, then follow my blog.

This ontology will be converted to use the OMG Standard Business Report Model (SBRM). This will also be used to test the SBRM while it is being created.

The plan is to ultimately reference resources such as podcasts, videos, interpretations, commentary, examples; combining all this information into one useful resource!

Example Financial Report (this is a WORK IN PROGRESS!!!)

Raw XBRL | Inline XBRL (auto generated) | Human Readable (review tool) | Human Readable (Report) | Information Extraction Prototype