Universal Digital Financial Reporting Framework

The Universal Digital Financial Reporting Framework is an XBRL-based approach to creating both human-readable and machine-readable general purpose financial statements. It is a de facto industry standard approach based on the best practices learned from creating XBRL-based reports which have been submitted to the SEC and the ESMA and attempting to extract information from the reports effectively. The framework uses the best practices and avoids the bad practices. The framework is proven and rigorously tested. The framework and method can be used to automate the entire record to report process.

Theory, Framework, and Method

1. Theory (Logical Model Describing Financial Report)
2. Framework (Standard Business Report Model)
3. Method
4. Proof
5. Proof Comparison (US GAAP, UK GAAP, IFRS, IFRS AU)
6. Effective Automation of Record to Report

Important Background Information

1. Essence of Accounting
2. Essentials of XBRL-based Digital Financial Reporting
3. How XBRL Works (Video)
4. Introduction
5. Intermediate
6. Mastering XBRL-based Digital Financial Reporting
7. Videos
8. Book

Information for Testing Software

1. Conformance Suite 1 (Best for now, will be replaced)
2. Forthcoming Conformance Suite
3. Testing Method (files.txt)
4. FAC Testing - Microsoft
5. FAC Testing - Apple
6. FAC Testing - (Microsoft, Apple, Amazon, Google, Facebook, Salesforce) No Errors
7. FAC Testing - Many Multiple Styles, No Errors

Examples

1. Microsoft Analysis
2. Compare Microsoft, Apple, Amazon, Google, Facebook, Salesforce
3. US GAAP
4. IFRS
5. XBRL Cloud EDGAR Dashboard
6. Explore

Software Interoperability

1. Pacioli
2. XBRLQuery
3. XBRL Cloud
4. Pesseract
5. Autogenerated Renderings Comparison