ACFR XBRL Taxonomy (Draft)

XBRL US and others are collaborating to built the Annual Comprehensive Financial Report (ACFR) XBRL Taxonomy.  The ACFR XBRL taxonomy is intended to be used by state and local governmental entities which is part of the Financial Data Transparency Act.

This ACFR XBRL Taxonomy is one of the better financial reporting related XBRL taxonomies that I have seen.  What is good about it is that they make excellent use of hypercubes, they use XBRL dimensions well, the modeling is rational, they are providing XBRL definition relations for accounting related information, and other such things.

A good way to have a look at the ACFR XBRL Taxonomy is within free viewer that is provided.  Check it out, you can explore the entire XBRL Taxonomy.


In addition to the ACFR XBRL Taxonomy, several sample reports are provided that are represented in Inline XBRL.

I have created a tiny sample XBRL instance to test getting the basic connections to the XBRL Taxonomy. Eventually I will  be building that example out more and more in order to test software.

Here is the primary entry point for the ACFR XBRL Taxonomy.

This video, Government Financial Reporting - Data Standards and the Financial Data Transparency Act, fills you in on details about what this XBRL taxonomy is for.

The location of this taxonomy project in Github is: https://github.com/xbrlus/acfr


Comments

Popular posts from this blog

Relational Knowledge Graph System (RKGS)

Getting Started with Auditchain Luca

Evaluating the Quality of XBRL-based Financial Reports