Industrial Strength System for Information Exchange that is Easy to Use

XBRL is an agreed upon industry standard technical syntax that enables information exchange.  XBRL is not a "system".  You can use XBRL as part of a system; but XBRL, by itself, is not a system. The graphic below summarizes what is necessary to achieve the effective exchange of information.

That graphic above is the big picture; the Seattle Method is an approach to achieving that big picture: the effective, reliable exchange of information that is approachable by business professionals.

The Seattle Method is not a system; it is an approach, a method, to building such a system.  There are other approaches/methods to building such systems. One of those other approaches is the forthcoming Standard Business Report Model (SBRM) which is a logical conceptualization of a business report.

Auditchain's Pacioli and Luca are not systems. They are tools.  Those tools might be used as part of a system for exchanging information.  Those tools are pretty easy to use as I showed in this short four minute video or in this longer video playlist (about 60 minutes). But those tools are not the system itself.

Information is not a system. As the article; Data is only the beginning. Connecting the dots creates Knowledge. However, it is Wisdom which translates insights into impactful decisions; points out, data is only the beginning and one of the most important skills in the future will be the ability to "connect the dots" in useful and creative ways.


The delivery of professional services is not a system.  Professional services is a product.  That is what professional services do, they "connect dots". Read the document Computational Professional Services. In particular section 1.3 Rearranging Abstract Symbols.
“In essence this work is to rearrange abstract symbols using a variety of analytic and creative tools - mathematical algorithms, legal arguments, financial gimmicks, scientific principles, powerful words and phrases, visual patterns, psychological insights, and other techniques for solving conceptual puzzles. Such manipulations improve efficiency-accomplishing tasks more accurately and quickly-or they better entertain, amuse, inform, or fascinate the human mind."
But put all these pieces together and you can create a system.  There are different approaches to configuring such a system. Systems can perform different functions.  Current systems will be transformed by using different, newly available approaches as I have tried to explain in my document The Great Transmutation.  Trying to understand all this using your current mental map of the status quo will not work.  The current system will evolve to become some new system. What is occurring is a paradigm shift.

These changes will not happen all at once as pointed out by Jim Collins in his book Good to Great using the idea of the flywheel effect.

The flywheel has been slowly moving for years.  That flywheel is gaining momentum more rapidly.  While the movement of the flywheel might have been imperceptible to someone not paying close attention…that flywheel was always moving.  Now the momentum will be noticeable by more and more people.

An industrial strength system for the effective exchange of information that is easy to use will exist and it will transform financial accounting, reporting, auditing, and analysis.  That is pretty much a given.

What is not as straight forward is how you will respond.  There are two fundamental options: proactive and reactive.  By not choosing proactive you will, by default, then choose to be reactive.

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