MINI 2025 Reporting Framework

This is the MINI working proof of concept financial reporting framework (a.k.a. financial reporting scheme). This is a very basic base "taxonomy" (as some people call it) or base report model used for testing, explaining, experimenting, teaching, etc.  To keep this example simple, dimensions are not employed. (If you want to explore the use of dimensions, see the PROOF.)

Here is a reference implementation of a report created using the MINI financial reporting framework.

What follows is information related to updating the older 2023 version of the MINI reporting scheme to the current 2025 version.

I have updated the MINI Financial Reporting Scheme.  This is the NEW VERSION for 2025. Changes which were made include:

  1. Deleting about 8 stray terms which software had missed (i.e. report elements existed, but they were not used in any presentation relations). (Done!)
  2. Create a pre-closing trial balance. (Done!)
  3. Fix transactions to handle subclassifications correctly (to do).
  4. Possibly add the concept "Dividends". (Done!)
  5. Possibly add "Current Portion of Long Term Debt" report line item (Done!).
  6. Add reference implementation using The World Online (TWO) sample company that has 22,000 general journal entries.
  7. Improve the type-subtype relations.
  8. Revise data types to the newest version of each data type.
  9. Add dummy documentation and dummy authoritative references. (Done!)
  10. Adjust the business events to leverage the DCA core events (in November, when the book comes out).
  11. Better sync with canonical accounting and audit working papers.
  12. New Chart of Accounts XBRL taxonomy.
  13. Create schema for theory and hook theory directly to XBRL instance. (New report-theory.xsd and instance-with-theory.xml)
  14. Add accounting and audit working papers. (Some done, still a work in progress)
  15. Add accounting and audit working papers mechanics rules. (Some done, still a work in progress)
  16. Add working proof of concept standards documentation and/or this example.
  17. Add something like this GAAP Metadata viewer.

There are the current type-subtype relations: (can see them here)

Additional Information:

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