Standard Charts of Accounts in XBRL

Posted by Gianluca Garbellotto on Feb 1, 2012 in XBRL | 3 comments

In my professional engagements with global XBRL programs I am frequently asked the question: what is the best way to represent a chart of accounts (CoA) in XBRL?  And how can we represent the mappings between each account in the CoA and reporting concepts in end reporting XBRL taxonomies – such as the IFRS or US-GAAP taxonomy –in order to communicate how to derive the XBRL financial statements from a trial balance that conforms to the CoA? There are two approaches in XBRL to represent a CoA and its mapping to one or more XBRL taxonomies for...