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start [2019/06/26 03:15]
admin [2. Participants] Added asterisks to show who can edit the wiki
start [2020/01/23 19:17]
admin [6. Related Standards and Papers] Added Hoffman's manifesto page
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 ==== 1. Rationale and Mission ==== ==== 1. Rationale and Mission ====
  
-//(briefly explain ​the reason why SBRM is needed)// +The rationale for the creation of SBRM is that the XBRL language (and "​inline XBRL"define a standard for a machine-readable format of a business report, but do not specify standard semantics. For example, a valid XBRL file does not have to be balanced -- the sums of assets and liabilities of a company are not necessarily equal. A semantically complete standard would allow the report designer to express that a certain value must be equal to the sum, difference, product, or ratio of some other items contained in the report; or that a certain item cannot be blank if another item has a negative value; etc. 
 + 
 +Further, the creation of SBRM responds to the needs of various regulatory agencies, sometimes codified in various legislative acts of countries, states or provinces, to provide reports that are devoid of basic errors -- up to and including reports that "do not add up."
  
 ^ Charter ^ ^ Charter ^
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     * **Mike Bennett*** -- EDM Council     * **Mike Bennett*** -- EDM Council
     * **Richard Beatch** -- Bloomberg     * **Richard Beatch** -- Bloomberg
-    * **Steve MacLaird*** -- OMG+    * **Steve MacLaird** -- OMG
     * **Bobbin Teegarden** -- OntoAge     * **Bobbin Teegarden** -- OntoAge
     * **Lars Toomre*** -- Brass Rat Capital LLC     * **Lars Toomre*** -- Brass Rat Capital LLC
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 The SBRM Working Group met weekly by teleconference during the first half of 2019. The SBRM Working Group met weekly by teleconference during the first half of 2019.
  
-A presentation on SBRM, **and vote to issue the RFP**, took place at the OMG Technical Meeting week in Amsterdam, NL,  on Wednesday, June 19, 2019. +A presentation on SBRM, **and vote to issue the RFP**, took place at the OMG Technical Meeting week in Amsterdam, NL, on Wednesday, June 19, 2019.
- +
-//(we may add here notes from meetings, or create sub-pages, one per meeting)//+
  
 ---- ----
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 The official RFP, which has now been formally issued by OMG, is available with document number bmi/​2019-06-04 on the OMG website here https://​www.omg.org/​cgi-bin/​doc?​bmi/​2019-06-04. The official RFP, which has now been formally issued by OMG, is available with document number bmi/​2019-06-04 on the OMG website here https://​www.omg.org/​cgi-bin/​doc?​bmi/​2019-06-04.
  
-The schedule is to have initial submissions presented in December (in Long Beach) with adoption in March 2020 (at Reston, ​VA).+A status report on the progress of the submission was given at the September 2019 meeting (Nashville). 
 +  
 +The revised ​schedule is to have initial submissions presented in December ​2019 (Long Beach) with adoption in March 2020 (Reston, ​Va.).
  
-data sheet summarizing SBRM was created in April 2019: https://​www.omg.org/​intro/​SBRM.pdf+[[https://​www.omg.org/​intro/​SBRM.pdf|data sheet summarizing SBRM]] was created in April 2019.
  
 +An [[http://​xbrlsite.azurewebsites.net/​2019/​Prototype/​sbrm/​Home.html|Overview of SBRM]] was created by Charlie Hoffman. It consists of 9 parts: Terms, Axioms, Associations,​ Narrative, Primer, Method, Technical, Examples, Conformance Suite.
  
 ---- ----
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 ==== 6. Related Standards and Papers ==== ==== 6. Related Standards and Papers ====
  
-  * XBRL International: //Extensible ​Business ​Reporting Language ​(XBRL2.1// [[http://​www.xbrl.org/​Specification/​XBRL-2.1/​REC-2003-12-31/​XBRL-2.1-REC-2003-12-31+corrected-errata-2013-02-20.html|Link]] +OMG: [[https://www.omg.org/​intro/​SBRM.pdf|Standard ​Business ​Report Model]] ​(Data Sheet) 
-  ​* ​XBRL International: ​//Inline XBRL 1.1// [[https://​specifications.xbrl.org/​work-product-index-inline-xbrl-inline-xbrl-1.1.html|Link]] + 
-  * Hoffman, Charles, and Raynier van Egmond: //Method of Implementing a Standard Digital Financial Report Using the XBRL Syntax//. [[http://​xbrlsite.azurewebsites.net/​2019/​Library/​MethodForImplementingStandardFinancialReportUsingXBRL.pdf|PDF]] +XBRL International: ​[[http://​www.xbrl.org/​Specification/​XBRL-2.1/​REC-2003-12-31/​XBRL-2.1-REC-2003-12-31+corrected-errata-2013-02-20.html|Extensible Business Reporting Language (XBRL) 2.1]] 
-  * [[https://​specifications.xbrl.org/​work-product-index-formula-formula-1.0.html+ 
 +XBRL International:​ [[https://​specifications.xbrl.org/​work-product-index-inline-xbrl-inline-xbrl-1.1.html|Inline XBRL 1.1]] 
 + 
 +XBRL International: [[https://​specifications.xbrl.org/​work-product-index-formula-formula-1.0.html
 |XBRL Formula Specification]] |XBRL Formula Specification]]
 +
 +Hoffman, Charles, and Raynier van Egmond: [[http://​xbrlsite.azurewebsites.net/​2019/​Library/​MethodForImplementingStandardFinancialReportUsingXBRL.pdf|Method of Implementing a Standard Digital Financial Report Using the XBRL Syntax]]
 +
 +Hoffman, Charles: [[http://​xbrlsite.azurewebsites.net/​2019/​Library/​DemystifyingOntologies.pdf|Demystifying the Role of Ontologies in XBRL-based Digital Financial Reporting]]
 +
 +Hoffman, Charles: [[http://​xbrl.squarespace.com/​journal/​2019/​12/​19/​modern-approach-to-creating-a-financial-reporting-scheme.html |Modern Approach to Creating a Financial Reporting Scheme]]
 +
 +Hoffman, Charles: [[http://​xbrl.squarespace.com/​digital-financial-reporting-ma/​|Digital Financial Reporting Manifasto]]. //The Manifesto proposes to the institution of accountancy and the global community of professional accountants that an option can and ought to exist to express a general purpose financial report digitally. This web page summarizes the critically important information to help professional accountants think about this topic.//
 +
 +Araújo de Santana, A.R., Paulo Caetano da Silva, Márcio A. Pereira da Silva, and Maurício Codesso: [[http://​www.thinkmind.org/​index.php?​view=article&​articleid=iciw_2018_2_30_28008|xAudit:​ Auditing Representation in XBRL Based Documents]]
start.txt · Last modified: 2023/10/07 19:33 by admin