Published

Financial Statement

vr.wm-eco-018 · wm-eco-018-financial-statement

Represent one governed financial statement or complete statement set so agents can interpret who reports, for which period and framework, which facts and disclosures are asserted, how they were prepared and validated, and which version was authorized without confusing the report with its source ledgers, audit or filing.

World Models Society, people and institutions SOC.ECO.STA

Bundle → Layer → Finding → Questions Classifiers What it is Why it exists Distinguishing features What robots and AI may and may not do Moral aspects Owners Links to other meta-models Identity and identifiers Direct properties Recognition Capabilities and actions Hazards and failure modes Standards and interfaces Context of use Sources

Bundle → Layer → Finding → Questions Filled

6 bundles · 12 layers · 24 findings · 72 questions

Report identity, scope, framework and authority Groups governed financial-statement context for report identity, scope, framework and authority.

Report root identity, version, purpose and status

Groups source-qualified financial-statement context for report root identity, version, purpose and status.

Statement ID, version, head, title, type, purpose, language and status

Records statement id, version, head, title, type, purpose, language and status as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish statement id, version, head, title, type, purpose, language and status? identity
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on statement id, version, head, title, type, purpose, language and status, for which purpose and under what authority? ownership
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify statement id, version, head, title, type, purpose, language and status? validation

Preparation basis, framework, jurisdiction, taxonomy entry point and compliance claim

Records preparation basis, framework, jurisdiction, taxonomy entry point and compliance claim as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish preparation basis, framework, jurisdiction, taxonomy entry point and compliance claim? authority
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on preparation basis, framework, jurisdiction, taxonomy entry point and compliance claim, for which purpose and under what authority? authority
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify preparation basis, framework, jurisdiction, taxonomy entry point and compliance claim? security

Reporting entity, perimeter, ownership and responsibility

Groups source-qualified financial-statement context for reporting entity, perimeter, ownership and responsibility.

Reporting entity identifier, legal form, domicile, address and authoritative master

Records reporting entity identifier, legal form, domicile, address and authoritative master as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish reporting entity identifier, legal form, domicile, address and authoritative master? relationship
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on reporting entity identifier, legal form, domicile, address and authoritative master, for which purpose and under what authority? requirement
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify reporting entity identifier, legal form, domicile, address and authoritative master? privacy

Separate, consolidated, combined perimeter, parent, subsidiary, NCI and control basis

Records separate, consolidated, combined perimeter, parent, subsidiary, nci and control basis as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish separate, consolidated, combined perimeter, parent, subsidiary, nci and control basis? composition
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on separate, consolidated, combined perimeter, parent, subsidiary, nci and control basis, for which purpose and under what authority? constraint
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify separate, consolidated, combined perimeter, parent, subsidiary, nci and control basis? retention

Statement set, structure, line items, facts and dimensions Groups governed financial-statement context for statement set, structure, line items, facts and dimensions.

Statement set, sections, notes and presentation tree

Groups source-qualified financial-statement context for statement set, sections, notes and presentation tree.

Financial position, performance, OCI, equity, cash flow, notes and opening statement

Records financial position, performance, oci, equity, cash flow, notes and opening statement as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish financial position, performance, oci, equity, cash flow, notes and opening statement? composition
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on financial position, performance, oci, equity, cash flow, notes and opening statement, for which purpose and under what authority? process
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify financial position, performance, oci, equity, cash flow, notes and opening statement? access

Section, table, axis, member, line item, subtotal, total, note, policy and cross-reference

Records section, table, axis, member, line item, subtotal, total, note, policy and cross-reference as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish section, table, axis, member, line item, subtotal, total, note, policy and cross-reference? composition
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on section, table, axis, member, line item, subtotal, total, note, policy and cross-reference, for which purpose and under what authority? event
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify section, table, axis, member, line item, subtotal, total, note, policy and cross-reference? exception

Facts, concepts, contexts, units and dimensional qualifiers

Groups source-qualified financial-statement context for facts, concepts, contexts, units and dimensional qualifiers.

Fact ID, concept, value, nil, decimals, precision, unit, scale, sign and footnote

Records fact id, concept, value, nil, decimals, precision, unit, scale, sign and footnote as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish fact id, concept, value, nil, decimals, precision, unit, scale, sign and footnote? measurement
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on fact id, concept, value, nil, decimals, precision, unit, scale, sign and footnote, for which purpose and under what authority? measurement
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify fact id, concept, value, nil, decimals, precision, unit, scale, sign and footnote? interoperability

Entity, period, scenario, segment, axis, member, typed dimension and context identity

Records entity, period, scenario, segment, axis, member, typed dimension and context identity as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish entity, period, scenario, segment, axis, member, typed dimension and context identity? classification
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on entity, period, scenario, segment, axis, member, typed dimension and context identity, for which purpose and under what authority? evidence
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify entity, period, scenario, segment, axis, member, typed dimension and context identity? decision

Periods, currency, comparatives, restatements and presentation Groups governed financial-statement context for periods, currency, comparatives, restatements and presentation.

Reporting period, as-of, cutoff, authorization and publication time

Groups source-qualified financial-statement context for reporting period, as-of, cutoff, authorization and publication time.

Annual, interim, current, prior, opening, instant, duration and reporting period

Records annual, interim, current, prior, opening, instant, duration and reporting period as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish annual, interim, current, prior, opening, instant, duration and reporting period? temporal
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on annual, interim, current, prior, opening, instant, duration and reporting period, for which purpose and under what authority? quality
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify annual, interim, current, prior, opening, instant, duration and reporting period? identity

Cutoff, adjusting event, preparation, review, authorization, issue, filing, publication, ingestion and knowledge time

Records cutoff, adjusting event, preparation, review, authorization, issue, filing, publication, ingestion and knowledge time as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish cutoff, adjusting event, preparation, review, authorization, issue, filing, publication, ingestion and knowledge time? temporal
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on cutoff, adjusting event, preparation, review, authorization, issue, filing, publication, ingestion and knowledge time, for which purpose and under what authority? validation
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify cutoff, adjusting event, preparation, review, authorization, issue, filing, publication, ingestion and knowledge time? classification

Currency, rounding, comparatives, reclassification and restatement

Groups source-qualified financial-statement context for currency, rounding, comparatives, reclassification and restatement.

Functional, presentation, transaction currency, unit, multiplier, rounding and translation

Records functional, presentation, transaction currency, unit, multiplier, rounding and translation as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish functional, presentation, transaction currency, unit, multiplier, rounding and translation? measurement
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on functional, presentation, transaction currency, unit, multiplier, rounding and translation, for which purpose and under what authority? security
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify functional, presentation, transaction currency, unit, multiplier, rounding and translation? composition

Comparative, corresponding, restated, reclassified, adjusted, reported and reconciliation basis

Records comparative, corresponding, restated, reclassified, adjusted, reported and reconciliation basis as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish comparative, corresponding, restated, reclassified, adjusted, reported and reconciliation basis? lifecycle
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on comparative, corresponding, restated, reclassified, adjusted, reported and reconciliation basis, for which purpose and under what authority? privacy
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify comparative, corresponding, restated, reclassified, adjusted, reported and reconciliation basis? relationship

Policies, estimates, materiality, sources, consolidation and lineage Groups governed financial-statement context for policies, estimates, materiality, sources, consolidation and lineage.

Accounting policies, estimates, judgements and materiality

Groups source-qualified financial-statement context for accounting policies, estimates, judgements and materiality.

Accounting policy, recognition, measurement, presentation, disclosure and change

Records accounting policy, recognition, measurement, presentation, disclosure and change as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish accounting policy, recognition, measurement, presentation, disclosure and change? requirement
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on accounting policy, recognition, measurement, presentation, disclosure and change, for which purpose and under what authority? retention
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify accounting policy, recognition, measurement, presentation, disclosure and change? state

Estimate, assumption, judgement, uncertainty, materiality, aggregation, disaggregation and omission

Records estimate, assumption, judgement, uncertainty, materiality, aggregation, disaggregation and omission as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish estimate, assumption, judgement, uncertainty, materiality, aggregation, disaggregation and omission? decision
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on estimate, assumption, judgement, uncertainty, materiality, aggregation, disaggregation and omission, for which purpose and under what authority? access
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify estimate, assumption, judgement, uncertainty, materiality, aggregation, disaggregation and omission? lifecycle

Source ledgers, trial balance, consolidation and provenance

Groups source-qualified financial-statement context for source ledgers, trial balance, consolidation and provenance.

Account, ledger, journal, trial balance, position, subledger and source-system binding

Records account, ledger, journal, trial balance, position, subledger and source-system binding as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish account, ledger, journal, trial balance, position, subledger and source-system binding? provenance
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on account, ledger, journal, trial balance, position, subledger and source-system binding, for which purpose and under what authority? exception
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify account, ledger, journal, trial balance, position, subledger and source-system binding? temporal

Consolidation run, elimination, adjustment, mapping, transformation, author and lineage

Records consolidation run, elimination, adjustment, mapping, transformation, author and lineage as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish consolidation run, elimination, adjustment, mapping, transformation, author and lineage? provenance
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on consolidation run, elimination, adjustment, mapping, transformation, author and lineage, for which purpose and under what authority? interoperability
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify consolidation run, elimination, adjustment, mapping, transformation, author and lineage? provenance

Calculations, validation, reconciliation, notes and assurance Groups governed financial-statement context for calculations, validation, reconciliation, notes and assurance.

Calculations, invariants, validation, reconciliation and quality

Groups source-qualified financial-statement context for calculations, invariants, validation, reconciliation and quality.

Calculation weight, total, subtotal, rollforward, equation, cross-foot and rounding tolerance

Records calculation weight, total, subtotal, rollforward, equation, cross-foot and rounding tolerance as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish calculation weight, total, subtotal, rollforward, equation, cross-foot and rounding tolerance? validation
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on calculation weight, total, subtotal, rollforward, equation, cross-foot and rounding tolerance, for which purpose and under what authority? decision
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify calculation weight, total, subtotal, rollforward, equation, cross-foot and rounding tolerance? ownership

Taxonomy, schema, formula, business rule, reconciliation, error, warning and quality metric

Records taxonomy, schema, formula, business rule, reconciliation, error, warning and quality metric as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish taxonomy, schema, formula, business rule, reconciliation, error, warning and quality metric? quality
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on taxonomy, schema, formula, business rule, reconciliation, error, warning and quality metric, for which purpose and under what authority? identity
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify taxonomy, schema, formula, business rule, reconciliation, error, warning and quality metric? authority

Notes, disclosures, evidence, audit and assurance references

Groups source-qualified financial-statement context for notes, disclosures, evidence, audit and assurance references.

Note, policy, risk, commitment, contingency, related party, segment and subsequent-event disclosure

Records note, policy, risk, commitment, contingency, related party, segment and subsequent-event disclosure as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish note, policy, risk, commitment, contingency, related party, segment and subsequent-event disclosure? evidence
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on note, policy, risk, commitment, contingency, related party, segment and subsequent-event disclosure, for which purpose and under what authority? classification
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify note, policy, risk, commitment, contingency, related party, segment and subsequent-event disclosure? requirement

Preparer, reviewer, governance, representation, auditor, opinion, assurance scope and limitation

Records preparer, reviewer, governance, representation, auditor, opinion, assurance scope and limitation as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish preparer, reviewer, governance, representation, auditor, opinion, assurance scope and limitation? authority
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on preparer, reviewer, governance, representation, auditor, opinion, assurance scope and limitation, for which purpose and under what authority? composition
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify preparer, reviewer, governance, representation, auditor, opinion, assurance scope and limitation? constraint

Lifecycle, authorization, filing, access, retention and interoperability Groups governed financial-statement context for lifecycle, authorization, filing, access, retention and interoperability.

Preparation, review, authorization, issue, amendment and records

Groups source-qualified financial-statement context for preparation, review, authorization, issue, amendment and records.

Draft, prepared, reviewed, approved, authorized, issued, amended, restated, superseded and withdrawn

Records draft, prepared, reviewed, approved, authorized, issued, amended, restated, superseded and withdrawn as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish draft, prepared, reviewed, approved, authorized, issued, amended, restated, superseded and withdrawn? lifecycle
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on draft, prepared, reviewed, approved, authorized, issued, amended, restated, superseded and withdrawn, for which purpose and under what authority? relationship
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify draft, prepared, reviewed, approved, authorized, issued, amended, restated, superseded and withdrawn? process

Confidentiality, access, embargo, filing acceptance, rejection, publication, retention, legal hold and tombstone

Records confidentiality, access, embargo, filing acceptance, rejection, publication, retention, legal hold and tombstone as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish confidentiality, access, embargo, filing acceptance, rejection, publication, retention, legal hold and tombstone? access
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on confidentiality, access, embargo, filing acceptance, rejection, publication, retention, legal hold and tombstone, for which purpose and under what authority? state
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify confidentiality, access, embargo, filing acceptance, rejection, publication, retention, legal hold and tombstone? event

XBRL, Inline, OIM, ESEF and jurisdictional projections

Groups source-qualified financial-statement context for xbrl, inline, oim, esef and jurisdictional projections.

Human, PDF, HTML, data package, API, XBRL, Inline, JSON, CSV and filing distribution

Records human, pdf, html, data package, api, xbrl, inline, json, csv and filing distribution as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish human, pdf, html, data package, api, xbrl, inline, json, csv and filing distribution? interoperability
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on human, pdf, html, data package, api, xbrl, inline, json, csv and filing distribution, for which purpose and under what authority? lifecycle
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify human, pdf, html, data package, api, xbrl, inline, json, csv and filing distribution? measurement

IFRS, IAS, IFRS 18, XBRL, OIM, SEC, US GAAP, ESEF, IPSAS, PROV, DQV and time projection

Records ifrs, ias, ifrs 18, xbrl, oim, sec, us gaap, esef, ipsas, prov, dqv and time projection as source-qualified statement context while entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain independently identifiable.

What stable report and fact identity, version, framework, typed value, period, unit, scope and explicit unknown establish ifrs, ias, ifrs 18, xbrl, oim, sec, us gaap, esef, ipsas, prov, dqv and time projection? interoperability
Who prepares, owns, asserts, reviews, governs, authorizes, assures, files, publishes or may rely on ifrs, ias, ifrs 18, xbrl, oim, sec, us gaap, esef, ipsas, prov, dqv and time projection, for which purpose and under what authority? temporal
Which reporting, as-of, preparation, review, authorization, issue, filing, publication, observation, ingestion and knowledge times, source, evidence and uncertainty qualify ifrs, ias, ifrs 18, xbrl, oim, sec, us gaap, esef, ipsas, prov, dqv and time projection? evidence

Classifiers Filled

Family: World Models
Category: Society, people and institutions
Entry kind: aggregate
Navigation path: NAV.SOC.ECO.STA
Domain: SOC.ECO.STA
Industry: Cross-industry
Tags: financialstatementsoc.eco.sta

What it is Filled

Owns report identity, versions, purpose, type and lifecycle; reporting-entity, perimeter and control references; accounting framework, jurisdiction, taxonomy and compliance claims; annual, interim, instant, duration and comparative periods; functional and presentation currency references, units and rounding; statement set, sections, lines, facts, contexts, dimensions, totals, notes, disclosures, policies and cross-references; comparatives, reclassifications, amendments and restatements; external accounting-policy, estimate, ledger, position, trial-balance, consolidation and elimination bindings; calculation, validation, reconciliation, materiality, quality and lineage evidence; preparer, reviewer, governance, auditor, authorization, filing and publication references; access, retention and version-pinned human, XBRL, Inline XBRL, OIM, ESEF and jurisdictional projections. External entity, account, position, transaction, journal, consolidation, policy, audit, filing, publication and records masters remain authoritative.

In scope

Statement identity, reporting entity and perimeter, framework, taxonomy, reporting and comparative periods, currencies, units, statement-set structure, facts, contexts, dimensions, notes and disclosures
Policies and estimates bindings, source lineage, calculations, validation, reconciliation, quality, assurance references, authorization, amendments, lifecycle, access, filing and interoperability projections

Out of scope

Owning Reporting Entity, Control, Account, Ledger, Position, Transaction, Journal Entry, Trial Balance, Consolidation Run, Accounting Policy, Estimate Decision, Audit Engagement, Audit Opinion, Filing, Publication or Records masters
Treating a presented statement fact as the authoritative account, position or transaction, or treating a validation result as audit assurance
Autonomous posting, consolidation, calculation-driven mutation, reclassification, valuation, approval, audit, signing, filing, publication, restatement, disclosure, access widening or physical records disposition

Why it exists Filled

Distinguishing features Filled

A complete report or statement set for an entity, framework and period, not the underlying ledger.
Keeps preparation, authorization, issue, filing, publication and audit opinion as separate events.
Qualifies each fact by concept, entity, period, unit and dimensions.
Differs from a financial position, which is one time-bound balance.

What robots and AI may and may not do Filled

Must not

Sign, approve, file or publish a statement.
Restate figures or change estimates.
Audit or express an opinion.
Disclose unpublished figures.
Alter facts to pass validation.

Only with a human decision

Authorizing issue of the statements.
Restating prior periods.
Filing with regulators.

May

Compose statement drafts from authorized sources with lineage.
Validate calculations and taxonomy rules.
Compare versions and periods.
Produce machine-readable projections for permitted users.

Moral aspects Filled

Misstatement misleads investors, employees, creditors and the public.
Unpublished figures are inside information.
Public sector statements carry accountability to citizens.

Who is affected

Investors and creditors
Employees
Regulators and the public

Owners Filled

Steward

Dimension owner, namespace authority, financial-reporting mandate and accountable statement owner

Roles

Statement owner: Own purpose, reporting scope, framework, lifecycle, compatibility and accountable use.
Preparer and accounting controller: Own structure, facts, contexts, policies, estimates, mappings, calculations, sources and corrections.
Consolidation and data steward: Own entity perimeter, ledger and position bindings, eliminations, transformations, lineage and reconciliation evidence.
Governance reviewer and authorizing body: Own review, materiality, representations, approval and authorization for issue.
Independent assurance provider: Own external engagement, procedures, opinion and limitations; the statement stores only qualified references.
Filing, access and records authority: Own filing, disclosure, confidentiality, publication, embargo, retention, legal hold and disposition policy.
Taxonomy and interoperability steward: Own taxonomy entry points, extensions, labels, mappings, conformance evidence and declared loss.

Links to other meta-models Filled

references

WM-REC-002 - Resolve generic record context without granting ownership, mutation or cascade authority.
Reporting Entity, Control, Account, Ledger, Transaction, Journal, Trial Balance, Consolidation, Accounting Policy, Estimate, Audit, Filing, Publication and Records models - Resolve authoritative external identities, processes, decisions and evidence without duplicating their lifecycles.

composes

WM-ECO-017 - Report positions or balances while preserving their independent identity, measurement basis, time and provenance.

aligned

IFRS 2026, IAS 1, IAS 7, IFRS 18, IFRS Taxonomy 2025, XBRL 2.1, Inline XBRL 1.1, OIM 1.0, SEC Regulation S-X and 2026 taxonomy, US GAAP 2026, ESEF 2026, ESMA 2025, IPSAS 2025, PROV-O, DQV and RFC 3339 - Project version-pinned accounting, digital-reporting, filing, public-sector, provenance, quality and time views with declared loss.

neighbor

WM-REC-002 parent signal - The unfrozen record parent may provide generic record context but grants no ownership, mutation or cascade authority over the financial-statement lifecycle.
WM-ECO-017 Financial Position / Balance - The candidate composition allows a statement to report positions or balances. Each position remains a time-bound quantitative master while the statement owns presentation and report-version context.
Account, transaction, journal, trial balance and consolidation - These objects supply operational and accounting facts or transformations. The statement binds their outputs and provenance without posting or executing consolidation.
Audit opinion, filing and publication - Independent assurance, regulator submission and public distribution have separate authorities and lifecycles. The statement stores qualified references and status observations only.
IFRS, XBRL, SEC, US GAAP, ESEF, IPSAS, PROV, DQV and RFC profiles - Each source has a distinct scope, effective period and normative force. Every mapping is version-pinned, jurisdiction-qualified and loss-declaring.

parent

WM-REC-002

What else AI and robots need to interact with it Filled

Sources Filled

Conceptual Framework for Financial Reporting - IFRS Foundation
IAS 1 Presentation of Financial Statements - IFRS Foundation
IAS 7 Statement of Cash Flows - IFRS Foundation
IFRS 18 Presentation and Disclosure in Financial Statements - IFRS Foundation
IFRS Accounting Taxonomy 2025 - IFRS Foundation
XBRL 2.1 - XBRL International
Inline XBRL 1.1 - XBRL International
Open Information Model 1.0 - XBRL International
Regulation S-X and disclosure rules - United States Securities and Exchange Commission
2026 XBRL Taxonomies Update - United States Securities and Exchange Commission
2026 GAAP Financial Reporting Taxonomy - Financial Accounting Standards Board
Commission Delegated Regulation EU 2019/815 consolidated text - European Union
ESEF Reporting Manual - European Securities and Markets Authority
2025 Handbook of International Public Sector Accounting Pronouncements - International Public Sector Accounting Standards Board
PROV-O: The PROV Ontology - World Wide Web Consortium
Data on the Web Best Practices: Data Quality Vocabulary - World Wide Web Consortium
Date and Time on the Internet: Timestamps - Internet Engineering Task Force

Open questions

Canonically approve or reject the WM-REC-002 and WM-ECO-017 edges and register Reporting Entity, Account, Transaction, Journal, Trial Balance, Consolidation, Accounting Policy, Audit, Filing, Publication and Records edges.
Create IFRS, US GAAP, IPSAS, ESEF, SEC and sector-specific banking, insurance, fund, public-sector, tax and sustainability-reporting profiles.
Conformance-test statement sets, facts, contexts, dimensions, units, calculation links, comparatives, restatements and projections against concrete XBRL, Inline XBRL, OIM and filing samples.
Validate organization-specific preparation, review, authorization, signing, filing, publication, retention, legal-hold and disposition policies.
Inspect licensed normative requirements under authorized access before making clause-level IFRS or other licensed-standard conformance claims.
Obtain independent external review before promoting beyond reviewable-draft assurance.
Claude and Grok each timed out on one bounded attempt; no independent external result was admitted.
The WM-REC-002 parent signal and candidate WM-ECO-017 composition are not canonically approved and grant no cascade authority.
Insurance, banking, investment funds, tax, prudential, sustainability, segment, interim, liquidation, public-sector and jurisdiction-specific filing requirements need separate profiles.
IFRS and FASB materials are used only within public access and licensing boundaries; restricted requirements were not inferred.
IFRS 18 transition requires an explicit effective-period and entry-point choice; IAS 1 remains applicable until superseded for the reporting entity or early adoption occurs.

Machine files

Card as JSON Specification AGENTS.md Source Card backlog vercy.card/1

Provenance

world-models research · reviewable-draft

Built from: models/wm-eco-018-financial-statement/spec.yaml, ver-cy/world-models/card-supplements/wm-eco-018-financial-statement.json