17.09.2015 Зал А1. А1 Электронный формат XBRL в мировой практике

1. Enhancing Reporting
with the Global
Business Reporting Standard

2. Part 1:
Paradigm Shift

8. ASSETS
112.788.600,00

10. ASSETS
IFRS
IAS1 Para
55
Stock
Monetary

11. Gesamtvermögen
總資產Total Assets
совокупные
активы

12. OWNERS
EQUITY
TOTAL
ASSETS
TOTAL
LIABILITIES= -

13. if{ }
then ERROR = “Balance
sheet does not balance.
Please review.”

19. SPECIFICATIONS
DICTIONARIES
DATA

20. SPECIFICATIONS
TAXONOMIES
INSTANCES

21. GLOBAL
NOT FOR PROFIT
PUBLIC INTEREST

22. Our purpose is to improve the
accountability and transparency
of business performance globally,
by providing the open standard for
data exchange in business
reporting.

23. Part 2:
Why?

26. DRIVER FOR REGULATORS

27. DRIVER FOR REGULATORS
CLEAR DEFINITIONS
BUILT INTO
TAXONOMIES
PUBLIC BUSINESS
RULES BUILT INTO
TAXONOMIES
++
EXTENSIBILITY
+

29. Report this
and this
and thisBut not this or this

30. Presentation vs DATA

31. two documents

32. Inline Xbrl

34. XBRL GLOBAL LEDGER
TOTAL
SALES
2015-09-17 | 08:23:22:14 ACME INC 8 WIDGETS £102.23 SALES
2015-09-17 | 08:24:11:22 XYZ INC 11 WIDGETS £122.00 SALES
2015-09-17 | 08:24:11:53 ABC LTD 4 WIDGETS £30.23 SALES
… …

35. Part 3:
Where?

36. • United Arab Emirates Securities and
Commodities Authority
• Mandatory reporting
• Enabling investment locally and
internationally.

37. • Companies House in the UK
• iXBRL (Web pages + XBRL)
• 1.9M+ companies’ data freely available
• Facilitating resource allocation

38. • US SEC collects quarterly financial statements in
XBRL from all listed companies. Purpose: market
surveillance and market disclosure.

39. • European Banking Authority (EBA) implementing the Basel Committee
for Banking Supervision rules post financial crisis
• 7000+ Banks across Europe using the same taxonomy
• Improving compliance and certainty

40. • Dutch Banks are extending the SBR Taxonomy in
order to collect data from companies
• The purpose? Better Credit Allocation

41. • Dutch Banks are extending the SBR Taxonomy in
order to collect data from companies
• The purpose? Better Credit Allocation
• China using XBRL for reporting to
Stock Exchanges as well as State
Owned Enterprises to enhance
transparency and
accountability
• XBRL now being used to
enhance management
information as well

42. VOLUME VARIETY VELOCITY VERACITY

43. Part 4:
Analysis

47. Part 5:
Balance

49. Regulatory balancing act
Burden
& Cost
Scope &
Utility

50. A JOURNEY IN MATURITY
Ecosystem
Data
Requirements
Data
Consistency
Change
Management
Analytics
Framework

51. Five tips for regulators
① Go slowly! Don’t underestimate
change requirements.
② Be driven by analytic needs.
③ Collaborate to reduce burden.
④ Encourage system-to-system filings by
focusing on software ecosystem.
⑤ Use the testing capabilities of XBRL to
your advantage.

52. Five tips for filers
① Go fast!
② Create a roadmap that leads to embedded,
integrated reporting. Outsource -> Bolt On -> Last
Mile -> Embedded
③ Learn how your data gets used by stakeholders
④ Think in terms of your own capabilities not just as
compliance.
⑤ Develop your own knowledge base and process

53. Conclusion

57. SPECIFICATIONS
TAXONOMIES
INSTANCES

58. Our purpose is to improve the
accountability and transparency
of business performance globally,
by providing the open standard for
data exchange in business
reporting.

59. A JOURNEY IN MATURITY
Ecosystem
Data
Requirements
Data
Consistency
Change
Management
Analytics
Framework

60. WELCOME!