Workshop: OMG Standard Business Report Model specification in depth
Save the Date - March 25, 2020!
The OMG Standard Business Report Model (SBRM) specification promises to radically improve the business friendliness, integration, validation and interchange of structured business reports as used for interchange of information, though initial usage is likely to be for regulatory reporting as mandated by legislation such as the DATA Act and the GREAT Act.
A business-level overview of SBRM can be found here https://www.omg.org/intro/SBRM.pdf: This workshop is aimed at giving participants a thorough understanding of the SBRM specification, which is due to be adopted the same week, and some of its underlying standards. Attendees are expected to include both those who are currently involved in using XBRL for reporting, and those interested in exploring a new approach.
The Standard Business Report Model workshop topics will include:
- Why SBRM – isn’t XBRL enough?
- Introduction to ontology standards RDF, OWL and SHACL
- SBRM as a metamodel
- SBRM as an ontology
- Getting XBRL to work like an ontology using SBRM
- Worked example – SBRM for a SEC report
- Worked example – SBRM for a non-accounting report linked to an external ontology
- Using logical systems and “ontology-like things” to effectively exchange information
- (panel) What’s next in terms of adoption and future revision of the specification, and how you can contribute
The workshop will be interactive and run by Pete Rivett (lead author of the specification) and Charlie Hoffman (a force behind XBRL), so this is an unparalleled opportunity to understand what it’s all about from the horse’s mouth.