Any volunteers for a new open-source project in financial reporting?

[dcdelgado]

Hello everyone!

In the past months I have been working with financial reporting data in Neo4j. More precisely, I have been working with the XBRL reporting system that has been adopted in the US in 2009 and many other countries after that. The EU was supposed to adopt it starting in 2021, but it has been delayed to 2022 as companies asked more time to implement the new system due to Covid-19.

In short, Neo4j can be a very helpful tool in two directions. The first one is by helping companies to automatize their financial reporting routines. Business reporting becomes more and more complex as companies become larger and operate in multiple countries. It can help both companies and regulators to validate reported data. The other direction is to help companies to read financial reports and build financial datasets, very handful for companies working with credit research and financial analytics. I see it becoming specially useful in the European Union in the next years with the approval of the EU transparency directives and open-banking regulation.

Please let me know if you would be interested in knowing more about it, I will be happy to answer any questions! It would be great finding either volunteers to help in the development or companies willing to implement it. Thank you for your attention!

Best regards
Danilo

[koji]

Hi @dcdelgado

There are also XBRL activities in Japan.
I can develop Apps using Neo4j, and I would like to volunteer to develop multilingual resources.

Koji Annoura
koji@annoura.com

[dcdelgado]

Hi Koji, thank you for your reply!

I will send you an e-mail with more details. I have some good applications in mind and your experience on developing apps in Neo4j will be very helpful!

[marioammonteiro]

Hello Im a senior full stack/devops developer, working with neo4j, graphql apis, react, micro services, and a bunch of other technologies

Currently working on critical-links, full time, and in my solidaryChain sideproject, a fusion of hyperledger blockchain decentralized network, supplyChain, graphql API, and connected to offChain neo4j data base.

Maybe I can be useful

Currently Im try to find someone that helps me to, to spin of this project, I have a major problem I only know how to code and I can't write, marketing or transform this huge project into a reality

Thanks

[dcdelgado]

Hi Mario, thank you for volunteering!

I am now in the planning stage. I thought on developing a Python app in which interactions between XBRL XML files and Neo4j occur through APOC + Neomodel .

Would you have experience using Neomodel to share with us?

Kind regerds,
Danilo

[marioammonteiro]

Hello

Im not a python guy, I work with many tecnologies but I never like python syntax, never fit with me

I work with neo4j js driver, drivine driver, neo4j spring boot, and other tooling
There are other implementations in node ecosystem too

Currently Im focus on node ecosystem

[alexander_zyurk]

Hello @dcdelgado! Do you still need volunteers?

[dcdelgado]

Hello Alexander, how are you? Thank you for your message, I really appreciate it. I have started working on some coding last year for US SEC data and also EU companies. Due to covid the EU had postponed the implementation of the new rules for another year and I stopped working at it. I would be happy to get back to it if people want to use it. Please let me know now if this is the case, I'm happy to help!

[alexander_zyurk]

Hello! I just want to participate in developing something using Neo4j as a volunteer. So as you stopped working on it, probably you don't need a volunteer anymore.

[Benoit_d]

Hi Danilo,

I don't know how far I can help, but I'm working all around BI and other company reporting activities both on financial and technical side. XBRL is surely smth everyone concerned should have a look on. And the best way to learn is to participate.

Best regards
Benoit

[dcdelgado]

Hello Benoit, sorry for the long delay - I'm now in vacations and only will be back home next week. I have developed a few nice things that I'd like to put on GitHub so we can speak and see what you would love to have a look first.

Kind regards
Danilo

[charles_hoffman]

Is there any real interest in this? I am interested. I have created a method to effectively create high-quality XBRL-based reports. See the Seattle Method, Seattle Method (xbrlsite.com).

[koji]

Hi @charles.hoffman

It's very interesting.
In Japan as well, accounting is shifting to international standard accounting in order from major companies.