Reference Reporting Frameworks

A financial reporting scheme is a purposeful arrangement of financial line items, totals, subtotals, aggregations, disaggregations, structures, metadata, categorization, classification, assertions, restrictions, constraints, other conditions, etc.

A financial reporting scheme represented in a digital format should not be semantically impoverished. Leaving information out, consciously or unconsciously, is not desirable. These reference reporting frameworks provide the minimum of what is necessary. They are modest, not impoverished, yet not as secure as they actually need to be.

The following are a set of reference reporting frameworks (a.k.a. reporting schemes, knowledge regimes) which helps those interested in understanding how to create an industrial strength reporting scheme using the Seattle Method to do so. Included with each reporting framework is a reference report which tests the entire reporting framework and a number of reports which helps one understand the notion of reporting styles.

Each of these reference reporting frameworks has been rigorously tested. Each acts as would be expected per seven different fully compliant XBRL processors and three software applications which support the Seattle Method. Each of these reference working proof of concepts uses "https" as opposed to "http" where possible or necessary.

You can look at these reporting frameworks represented in XBRL as a "blueprint" of a reporting framework (a.k.a. reporting scheme).  This blueprint provides important details (a.k.a. meaning) that are interpretable by both humans and by machine-based processes. That blueprint provides definitional, structural, and behavioral rules; obligations, prohibitions, restrictions, assertions, constraints. All digital reporting frameworks below enforce the micro-theories included per the Financial Statement Mechanics and Dynamics.

Note that #1 to #6 do not make use of XBRL explicit noncore dimensions, #7, #8, and #9 do make use of XBRL explicit noncore dimensions. #10 modifies #6 using a common set of dimensions.

  1. Accounting Equation: (Theory) Very tiny; an introduction. Also introduces specific things that can go wrong when you create a model-driven report. 1 structures, 3 report model elements, 1 rule.
    1. REFERENCE
  2. SFAC6: (Theory) Slightly larger, introduces the notion of a structure; 3 structures, 10 report elements, 3 rules.
    1. REFERENCE
    2. REF-SFAC6-DIM (Advanced, SFAC6 with Segments dimension)
    3. REF-SFAC6-DIM2 (Advanced, SFAC6 with Segments and Scenarios dimensions)
    4. REF-SFAC6-DIM9 (Advanced, SFAC6 with Segments, Scenarios, and Geographic Areas dimensions)
  3. SFAC8: (Theory) Slightly larger; introduces the notions of "extensibility" and "reporting styles".
    1. REFERENCE
    2. BS1-IS1
    3. BS1-IS2
    4. NA1-IS3
  4. Common Elements: (Theory) Slightly larger; introduces the notion of "articulation" and expands on the idea of extensibility and reporting styles; begins to look like a financial statement.
    1. REFERENCE
    2. BS1-IS1-CF1
    3. BS1-IS2-CF1
    4. BS2-IS1-CF1
    5. BS2-IS2-CF1
  5. Office of Comptroller of Currency: (Theory) Consolidation of all the ideas in #1 to #4 into a real looking financial reporting framework.
    1. REFERENCE
  6. MINI: (Theory) This financial reporting framework is still pretty basic, but it is a real looking financial reporting scheme. 
    1. REFERENCE1
    2. REFERENCE2
  7. PROOF: (Theory) The PROOF financial reporting framework provides 100% of the capabilities of model-driven  XBRL-based digital  financial reporting using the Standard Business Report Model (SBRM), Open Information Model (OIM), and my Seattle Method. Every logical pattern of information is represented in the same reporting  framework, report model, and report to show that everything works together effectively.  The intent with this example is to create the most complete yet also the most compact example possible that looks as much like a financial statement as possible.
    1. REFERENCE
    2. BSC-IS01-CF1
    3. BSC-IS02-CF1
    4. BSU-IS01-CF1
    5. BSU-IS02-CF1
    6. NET-IS01-CF1
    7. NET-IS02-CF1
  8. AASB1060: (Theory) This financial reporting framework is based on a real financial reporting framework  and about 20% or maybe even up to 80% of that real financial reporting framework was represented.  All the logic present in the PROOF is also present in this financial reporting framework.
    1. REFERENCE
    2. BSC-ISN-CFD
    3. BSN-ISF-CFD
    4. BSN-ISN-CFD
    5. BSU-ISF-CFD
    6. BSU-ISN-CFD
  9. IFRS for SMEs: (Theory) This financial reporting scheme is an actual financial reporting framework which was officially published but then enhanced, enriched, and otherwise augmented to make the reporting framework consistent with SBRM, OIM, and the Seattle Method.
    1. REFERENCE
    2. MODEL
  10. MINI2026: (Theory) Builds on MINI in #6 above, but introduces the notion of "business events" and "classic transactions" and "working papers" and the "enterprise knowledge graph".  Also tests adding common dimensions to the MINI financial reporting scheme.
    1. REFERENCE1 (numbers are all zeros)
    2. REFERENCE2 (has numbers from The World Online sample  company)
    3. REFERENCE3 (lemonade stand transactions)
    4. REFERENCE4 (dimensions, adds these common dimensions to the income statement)
    5. REFERENCE5 (Enterprise Knowledge Graph; uses this financial transactions taxonomy)
    6. REFERENCE6 (Closing Book)

The following provides a number of approaches for viewing the PROOF: Autogenerated Inline XBRL Viewer | Luca Suite Basic Viewer |  Pacioli Technical Analysis | XBRL Cloud Evidence Package | Autogenerated PDF |  Pesseract (requires application).

NOTE: The following supporting taxonomies are used (working proof of concepts): Chart of  Accounts | GL Transactions | Lead Schedules | Common Dimensions | Data Centric Accounting

Additional Information:

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