OPEN INFORMATION MODEL (OIM)
OIM is a very important step in the development of XBRL. Recently, the XBRL Standards Board (XSB) moved the OIM specifications to ‘Candidate’ level, i.e., it is not far away from being added to the published XBRL Specifications, above.
UBPartner has been an enthusiastic supporter and member of the OIM working group. OIM’s availability will extend the number of use cases supported by the current XML format (in future to be known as xBRL-XML). The ability to provide XBRL data and validate reports in CSV (xBRL-CSV) will enable much larger data sets to be reported, while JSON (xBRL-JSON) is a popular format for viewing data.