Financial Report Model/Ontology Financial Report Financial Report or digital financial report is defined by Financial Report Semantics and Dynamics Theory http://xbrl.squarespace.com/fin-report-sem-dyn-theory Report Charles Hoffman, CPA Report which communicates financial and nonfinancial information to users of that report. Contains facts, characteristics which describe those facts, parenthetical explanations of facts, relations between facts/characteristics (these can generally be referred to as report elements and are the fundamental/primitive building blocks of a financial report). 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Component A component is a set of facts which go together for some specific purpose within a financial report. http://xbrl.squarespace.com/fin-report-sem-dyn-theory Component Charles Hoffman, CPA A component is a set of facts which go together for some specific purpose within a financial report. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Fact A fact is a single, observable, reportable piece of information contained within a financial report. Facts have values which could be textual, numeric, or prose. Numeric facts have two additional traits: units and rounding. Facts may have one or more additional parenthetical explanations. Also see: http://secxbrlglossary.wikispaces.com/Fact http://xbrl.squarespace.com/fin-report-sem-dyn-theory Fact Charles Hoffman, CPA A fact is a single, observable, reportable piece of information contained within a financial report. Facts have values which could be textual, numeric, or prose. Numeric facts have two additional traits: units and rounding. Facts may have one or more additional parenthetical explanations. Also see: http://secxbrlglossary.wikispaces.com/Fact 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Characteristic A characteristic provides information necessary to describe a fact. A fact may have any number of characteristics. http://xbrl.squarespace.com/fin-report-sem-dyn-theory Characteristic Charles Hoffman, CPA A characteristic provides information necessary to describe a fact. A fact may have any number of characteristics. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Parenthetical explanation Facts may have parenthetical explanations which provide additional descriptive information about the fact. http://xbrl.squarespace.com/fin-report-sem-dyn-theory Parenthetical explanation Charles Hoffman, CPA Facts may have parenthetical explanations which provide additional descriptive information about the fact. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Relation Components can be related to other components. Facts can be related to other facts. Characteristics can be related to other characteristics. http://xbrl.squarespace.com/fin-report-sem-dyn-theory Relation Charles Hoffman, CPA Components can be related to other components. Facts can be related to other facts. Characteristics can be related to other characteristics. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Property Financial reports have a known set of properties. Components have a known set of properties. Facts have a known set of properties. Characteristics have a known set of properties. The concept characteristic has additional properties: period type, data type, balance type. Relations have a known set of properties. http://xbrl.squarespace.com/fin-report-sem-dyn-theory Property Charles Hoffman, CPA Financial reports have a known set of properties. Components have a known set of properties. Facts have a known set of properties. Characteristics have a known set of properties. The concept characteristic has additional properties: period type, data type, balance type. Relations have a known set of properties. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Report element A report element is an element of an SEC XBRL financial filing. http://secxbrlglossary.wikispaces.com/Report+Element Report element Charles Hoffman, CPA A report element is an element of an SEC XBRL financial filing. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Flow Relationship between components. http://xbrl.squarespace.com/fin-report-sem-dyn-theory Flow Charles Hoffman, CPA Relationship between components. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Business rule Relationship between components. http://xbrl.squarespace.com/fin-report-sem-dyn-theory Business rule Charles Hoffman, CPA Relationship between components. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Structural Relations Relationship between report elements. http://xbrl.squarespace.com/fin-report-sem-dyn-theory Structural Relations Charles Hoffman, CPA Relationship between report elements. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Network Network http://secxbrlglossary.wikispaces.com/Network A network is a one approach to break an SEC XBRL financial filing into smaller pieces. There are two reasons why you might need to break a financial filing into pieces: because you want to or because you have to. Table Table http://secxbrlglossary.wikispaces.com/Table A table is used to combine facts which go together for some specific reason. Axis Axis http://secxbrlglossary.wikispaces.com/Axis An axis is a means of providing information about the characteristics of the concepts for the line items within a table regardless of whether that table is explicitly or implicitly defined. Member Member http://secxbrlglossary.wikispaces.com/Member A member is a possible value of an axis. LineItems LineItems http://secxbrlglossary.wikispaces.com/Line+Items Line items are a set of concepts which can be reported by an entity, they can contain values. Concept Concept http://secxbrlglossary.wikispaces.com/Concept A concept refers to a financial reporting concept or a non-financial concept which can be reported within a fact within an SEC XBRL financial filing. Information model Relationship between report concepts within a set of [Line Items]. http://secxbrlglossary.wikispaces.com/Information+Model Information model Charles Hoffman, CPA Relationship between report concepts within a set of [Line Items]. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Member aggregation model A member aggregation model is the relationship between the members of a domain within an axis.(was called domain partition aggregation model) http://secxbrlglossary.wikispaces.com/Domain+Partition+Aggregation+Model Member aggregation model Charles Hoffman, CPA A member aggregation model is the relationship between the members of a domain within an axis.(was called domain partition aggregation model) 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Hierarchy A hierarchy information model denotes a hierarchy of concepts with no numeric relations. If no numeric relations exist, then the information model of the component is a hierarchy. Basically, anything can be modelled as a hierarchy. It is the addition of additional relations, typically computations, which turns a hierarchy into some other metapattern. http://www.xbrlsite.com/DigitalFinancialReporting/Metapatterns/2011-07-15/01-Hierarchy/Index.html Roll up Charles Hoffman, CPA A hierarchy information model denotes a hierarchy of concepts with no numeric relations. If no numeric relations exist, then the information model of the component is a hierarchy. Basically, anything can be modelled as a hierarchy. It is the addition of additional relations, typically computations, which turns a hierarchy into some other metapattern. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Roll up A roll up information model computes a total from a set of other concepts. This information model is commonly referred to a 'roll up', or by the equation A + B = C. All concepts involved in this information model have the same set of characteristics and all must be numeric. http://www.xbrlsite.com/DigitalFinancialReporting/Metapatterns/2011-07-15/02-RollUp/Index.html Roll up Charles Hoffman, CPA A roll up information model computes a total from a set of other concepts. This information model is commonly referred to a 'roll up', or by the equation A + B = C. All concepts involved in this information model have the same set of characteristics and all must be numeric. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Roll forward A roll forward information model reconciles the balance of a concept between two points in time. This information model is commonly referred to a 'roll forward' or 'movement analysis' or by the equation: beginning balance + changes = ending balance. In this equation period [Axis] is as of two different points in time and the changes occur during the period between those two points in time. http://www.xbrlsite.com/DigitalFinancialReporting/Metapatterns/2011-07-15/03-RollForward/Index.html Roll forward Charles Hoffman, CPA A roll forward information model reconciles the balance of a concept between two points in time. This information model is commonly referred to a 'roll forward' or 'movement analysis' or by the equation: beginning balance + changes = ending balance. In this equation period [Axis] is as of two different points in time and the changes occur during the period between those two points in time. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Adjustment An adjustment information model reconciles an originally stated balance to a restated balance, the adjustment being the total change, between two different report dates. An adjustment is similar to a roll forward in that it is a reconciliation, however rather than the period [Axis] changing; it is the Report Date [Axis] which changes: originally reported balance + adjustment = restated balance. http://www.xbrlsite.com/DigitalFinancialReporting/Metapatterns/2011-07-15/05-Adjustment/Index.html Adjustment Charles Hoffman, CPA An adjustment information model reconciles an originally stated balance to a restated balance, the adjustment being the total change, between two different report dates. An adjustment is similar to a roll forward in that it is a reconciliation, however rather than the period [Axis] changing; it is the Report Date [Axis] which changes: originally reported balance + adjustment = restated balance. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Variance A variance information model reconciles some reporting scenario with another reporting scenario, the variance between reporting scenarios being the variance or changes. For example, a sales analysis which reconciles the concept sales for the reporting scenarios of actual and budgeted is a variance. The equation in this case is: actual - budget = variance. But a variance could take other forms such as a variance from forecast, variance from plan, etc. http://www.xbrlsite.com/DigitalFinancialReporting/Metapatterns/2011-07-15/06-Variance/Index.html Variance Charles Hoffman, CPA A variance information model reconciles some reporting scenario with another reporting scenario, the variance between reporting scenarios being the variance or changes. For example, a sales analysis which reconciles the concept sales for the reporting scenarios of actual and budgeted is a variance. The equation in this case is: actual - budget = variance. But a variance could take other forms such as a variance from forecast, variance from plan, etc. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Text block A text block information model is an information model which contains, by definition, only one concept and that concept expresses what amounts to a narrative or prose as escaped HTML within that one concept. For example, the narrative associated with a set of accounting policies expressed as a list or a table presentation format is a text block. As there is only one concept, there can be no relations within the information model. http://www.xbrlsite.com/DigitalFinancialReporting/Metapatterns/2011-07-15/08-TextBlock/Index.html Text block Charles Hoffman, CPA A text block information model is an information model which contains, by definition, only one concept and that concept expresses what amounts to a narrative or prose as escaped HTML within that one concept. For example, the narrative associated with a set of accounting policies expressed as a list or a table presentation format is a text block. As there is only one concept, there can be no relations within the information model. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Partial set Partial sets or domains whose members describe non-numeric concepts which can never aggregate. http://secxbrlglossary.wikispaces.com/Domain+Partition+Aggregation+Model Partial set Charles Hoffman, CPA Partial sets or domains whose members describe non-numeric concepts which can never aggregate. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Complete flat set Complete flat sets whose members describe characteristics of numeric concepts which can aggregate. http://secxbrlglossary.wikispaces.com/Domain+Partition+Aggregation+Model Complete flat set Charles Hoffman, CPA Complete flat sets whose members describe characteristics of numeric concepts which can aggregate. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Complete hierarchical set Complete hierarchical sets whose members are nested complete flat sets. http://secxbrlglossary.wikispaces.com/Domain+Partition+Aggregation+Model Complete hierarchical set Charles Hoffman, CPA Complete hierarchical sets whose members are nested complete flat sets. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/ Complex set Complex sets are other more complicated axis aggregation models. http://secxbrlglossary.wikispaces.com/Domain+Partition+Aggregation+Model Complex set Charles Hoffman, CPA Complex sets are other more complicated axis aggregation models. 2012-04-15 http://creativecommons.org/licenses/by/3.0/us/