Graphs for Representing Financial Information Metadata

The traditional way of representing information for an area of knowledge such as financial accounting, reporting, auditing, and analysis is in a book.  For example, here is a representation of the 10 elements of financial statements from SFAC 6 from an intermediate accounting text book:

Another way of representing this information is in the form of a graph. (Click here to view image on web page)

The above is only one version of a graph.  One thing about machine readable information is that you can easily recast it in different ways.  Here is another graph of SFAC 6 elements of financial statements: (Click here to view image on web page)

Here is one final version of SFAC 6 elements of financial statements; this time the global standard XBRL was used to represent the graph of knowledge and the machine readable XBRL was used to generate yet another variation that is human readable: (Click here to view image on web page)


Things like SFAC 6 Elements of Financial Statement are metadata that are used for creating financial reports.  Here is another version of representing SFAC 6 Elements of Financial Statements:

I predict that there will be a massive increase in financial report quality over the next 25 years to to the transition to XBRL-based digital financial reporting.  Graphs are more clear that what is currently provided in the form of books.

Here are some additional examples. 

Here is another prototype of financial report metadata. (This is experimentation, trying to communicate what information is available.

Another example.

Other Resources:

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