SFAC6 Working Proof of Concept Financial Reporting Framework Example

The SFAC6 working proof of concept financial reporting framework example is a small XBRL-based taxonomy (i.e. report model) and a report that I created for testing, understanding, experimentation, teaching others, and other such things.  What I did was represent the 10 elements of a financial report defined by the FASB's SFAC6 which is part of the conceptual framework of US GAAP in the form of a reporting framework to have a very small example to work with.  This builds on the even smaller accounting equation example.


Here is a reference implementation of a report created using the working proof of concept SFAC6 "financial reporting framework". (I know this is not a real reporting framework, it is part of the conceptual framework of US GAAP; the point is that I wanted something small and compact to help accountants understand the workings of XBRL-based reports.

For the next part of your journey into model-driven financial reporting consider experimenting with one of the other examples below.

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