This shows you the differences between two versions of the page.
Both sides previous revision Previous revision Next revision | Previous revision Next revision Both sides next revision | ||
start [2020/01/16 19:23] admin [6. Related Standards and Papers] Added two papers by Charlie Hofmann |
start [2023/08/29 18:55] admin [Standard Business Report Model] Complete revamp |
||
---|---|---|---|
Line 4: | Line 4: | ||
===== Standard Business Report Model ===== | ===== Standard Business Report Model ===== | ||
- | The Standard Business Report Model (SBRM) is a standardization initiative launched among a group of interested people at the end of 2018. The purpose of this wiki site is to support the work of this group. | + | The Standard Business Report Model (SBRM) is a standardization initiative launched under the aegis of the [[https://www.omg.org/bmi|Business Modeling & Integration Domain Task Force]] at the end of 2018. The purpose of this wiki is to support the work of people involved in this, who de facto constitute a Working Group (OMG Policies & Procedures do not strictly specify how a working group is formed or governed). |
- | OMG Policies & Procedures do not strictly specify how a working group is formed or governed. By virtue of having assembled to pursue SBRM, the participants constitute, and can call themselves, a Working Group. | + | Here is a summary of the timetable of the SBRM effort: |
+ | * The group was formed at the end of 2018 | ||
+ | * A mailing list was created in January 2019 | ||
+ | * A Request for Proposals (RFP) was developed and issued | ||
+ | * An initial submission was made by Adaptive, represented by Pete Rivett | ||
+ | * Some of the impetus for SBRM came from the prospect of the adoption by the U.S. Congress of a Financial Data Transparency Act (FDTA), an effort that was delayed multiple times between 2019 and 2022 | ||
+ | * Adaptive lost its OMG membership, rendering their submission moot | ||
+ | * In 2022, with FDTA being revived and eventually being passed as an add-on to a budget law, the need for SBRM was revived and the process was reopened | ||
+ | * In early 2023, based on the interest manifested by some new companies, the process was once again reopened to allow them to participate | ||
+ | * The new deadline for letters of intent passed on 23 June 2023 | ||
+ | * The current deadline for an initial submission is 6 November 2023 | ||
+ | * The current deadline for revised submissions is 20 May 2024 | ||
==== 1. Rationale and Mission ==== | ==== 1. Rationale and Mission ==== | ||
Line 32: | Line 43: | ||
* **Bobbin Teegarden** -- OntoAge | * **Bobbin Teegarden** -- OntoAge | ||
* **Lars Toomre*** -- Brass Rat Capital LLC | * **Lars Toomre*** -- Brass Rat Capital LLC | ||
- | * **Raynier** (aka René) **van Egmond*** -- XBRL Consulting Partners LLC / Brass Rat Capital LLC | + | * **Raynier** (aka René) **van Egmond*** -- XBRL Consulting Partners LLC |
* **Claude Baudoin*** -- cébé IT & Knowledge Management | * **Claude Baudoin*** -- cébé IT & Knowledge Management | ||
* supports this wiki and other logistical aspects, and provides the liaison with the BMI DTF, which he co-chairs | * supports this wiki and other logistical aspects, and provides the liaison with the BMI DTF, which he co-chairs | ||
Line 91: | Line 102: | ||
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/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]] | 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]] |