The XFRML Working Group is developing standards for the XML-based Financial Reporting Markup Language (XFRML) to make it easier to share financial information across incompatible systems. XFRML would provide a standard syntax for creating and exchanging structured financial data. The goal is to have an initial set of XML document types defined by March 2000. XFRML is supported by several major organizations and aims to reduce the costs of distributing financial information by facilitating information sharing.
33+5 Things You Can Do with a Print File Besides Printing It - A presentation from Crawford Technologies in partnership wth Xplor International - http://www.crawfordtech.com/
Legal Entity Architecture: Advances in R12eprentise
With the latest version of E-Business Suite (EBS), Oracle® provides users with increased control by introducing enhanced features and a redesigned legal entity architecture.
View the original Blog post: http://www.eprentise.com/blog/r12/legal-entity-architecture-advances-in-r12/
Website: www.eprentise.com
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Ensure your data is Complete, Consistent, and Correct by using eprentise software to transform your Oracle® E-Business Suite.
33+5 Things You Can Do with a Print File Besides Printing It - A presentation from Crawford Technologies in partnership wth Xplor International - http://www.crawfordtech.com/
Legal Entity Architecture: Advances in R12eprentise
With the latest version of E-Business Suite (EBS), Oracle® provides users with increased control by introducing enhanced features and a redesigned legal entity architecture.
View the original Blog post: http://www.eprentise.com/blog/r12/legal-entity-architecture-advances-in-r12/
Website: www.eprentise.com
Twitter: @eprentise
Google+: https://plus.google.com/+eprentise
Facebook: https://www.facebook.com/eprentise
Ensure your data is Complete, Consistent, and Correct by using eprentise software to transform your Oracle® E-Business Suite.
We compare the traditional ETL approach to the newer Business Rules-driven E-LT paradigm, the answer whether conventional ETL tools should be considered obsolete and phased out of the Enterprise Architecture, and tools based on Business Rules and E-LT take their place.
Marco Simbólico de la XIV Montaña Encantada. Un fantástico recorrido que se llevará a cabo el 21 y 22 de abril de 2012. Busca información en: www.montana-encantada.blogspot.com
Study: The Future of VR, AR and Self-Driving CarsLinkedIn
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This SlideShare explores the full results of this study, including detailed market-by-market breakdowns of intention levels for each technology – and how attitudes change with age, location and seniority level. If you’re marketing a tech brand – or planning to use VR and wearables to reach a professional audience – then these are insights you won’t want to miss.
XBRL stands for eXtensible Business Reporting Language. It is one of a family of "XML" languages which is becoming a standard means of communicating information between businesses and on the internet.
We compare the traditional ETL approach to the newer Business Rules-driven E-LT paradigm, the answer whether conventional ETL tools should be considered obsolete and phased out of the Enterprise Architecture, and tools based on Business Rules and E-LT take their place.
Marco Simbólico de la XIV Montaña Encantada. Un fantástico recorrido que se llevará a cabo el 21 y 22 de abril de 2012. Busca información en: www.montana-encantada.blogspot.com
Study: The Future of VR, AR and Self-Driving CarsLinkedIn
We asked LinkedIn members worldwide about their levels of interest in the latest wave of technology: whether they’re using wearables, and whether they intend to buy self-driving cars and VR headsets as they become available. We asked them too about their attitudes to technology and to the growing role of Artificial Intelligence (AI) in the devices that they use. The answers were fascinating – and in many cases, surprising.
This SlideShare explores the full results of this study, including detailed market-by-market breakdowns of intention levels for each technology – and how attitudes change with age, location and seniority level. If you’re marketing a tech brand – or planning to use VR and wearables to reach a professional audience – then these are insights you won’t want to miss.
XBRL stands for eXtensible Business Reporting Language. It is one of a family of "XML" languages which is becoming a standard means of communicating information between businesses and on the internet.
MANAGEMENT ARCHITECTURE FOR DYNAMIC FEDERATED IDENTITY MANAGEMENTcscpconf
We present the concept and design of Dynamic Automated Metadata Exchange (DAME) in Security Assertion Markup Language (SAML) based user authentication and authorization infrastructures. This approach solves the real-world limitations in scalability of pre-exchanged metadata in SAML-based federations and inter-federations. The user initiates the metadata exchange on demand, therefore reducing the size of the exchanged metadata compared to traditional metadata aggregation. In order to specify and discuss the necessary changes to identity federation architectures, we apply the Munich Network Management (MNM) service model to Federated Identity Management via a trusted third party (TTP); an overview of all components and interactions is created. Based on this model, the management architecture of
the TTP with its basic management functionalities is designed. This management architecture includes further functionality for automated management of entities and dynamic federations.
Management Architecture for Dynamic Federated Identity Management csandit
We present the concept and design of Dynamic Automa
ted Metadata Exchange (DAME) in
Security Assertion Markup Language (SAML) based use
r authentication and authorization
infrastructures. This approach solves the real-worl
d limitations in scalability of pre-exchanged
metadata in SAML-based federations and inter-federa
tions. The user initiates the metadata
exchange on demand, therefore reducing the size of
the exchanged metadata compared to
traditional metadata aggregation. In order to speci
fy and discuss the necessary changes to
identity federation architectures, we apply the Mun
ich Network Management (MNM) service
model to Federated Identity Management via a truste
d third party (TTP); an overview of all
components and interactions is created. Based on th
is model, the management architecture of
the TTP with its basic management functionalities i
s designed. This management architecture
includes further functionality for automated manage
ment of entities and dynamic federations.
XBRL reporting is becoming a norm rather than an exception for a lot of companies. This document introduces XBRL, how it is enabled and works in 11i and R12 and how it can be viewed. This standardized powerful reporting option is a must-know for all users supporting financial users.
Download Complete Material - https://www.instamojo.com/prashanth_ns/
Course Outline...
• Identify the need for XML as a standard data interchange format
• Identify the structure of XML documents
• Create an XML schema
• Declare attributes in an XML schema
• Identify the need for XML namespaces
• Reuse XML schema components
• Create groups of elements and attributes in an XML schema
• Transform an XML document through a Cascading Style Sheet
• Transform an XML document through Extensible Style Sheet Language
• Perform conditional formatting
• Use XPath pattern
• Present data in different formats
• Identify the XML Document Object Model
• Validate an XML document against an XML schema using the Document Object Model
• Apply a Style Sheet to an XML document
The custom objects are database tables that store your company data at Salesforce.com. There are many functions of the custom objects one you have defined it such as creating custom fields, associating the custom objects with other such records, building page layouts, analyzing data on the custom object, recording tracks and events, creating a custom track, etc.
The custom objects are database tables that store your company data at Salesforce.com. There are many functions of the custom objects one you have defined it such as creating custom fields, associating the custom objects with other such records, building page layouts, analyzing data on the custom object, recording tracks and events, creating a custom track, etc.
Second wave benefit of xbrl liv watson brian mc_guireWorkiva
Although XBRL is broadly hailed as revolutionary, its
adoption has been more evolutionary in its incremental
standards development and almost stationary in its
implementation
The document is for beginners who are going to make their careers in Middleware technologies. It will provide the information regarding implementation of integration before EAI and what were the disadvantages which are overcome by EAI.
Sybase, back in 1995, was constructing an advanced workflow system based on agent technology. This system was presented to an invitation-only group of Powersoft customers at the 1995 Powersoft Users Group meeting at DisneyWorld. The group creating the solution was an advanced technology group formed when Sybase purchased Powersoft.
Enterprise Content Management (ECM) is a broad term that incorporates a variety of technologies that can significantly affect your business. ECM encompasses the strategies, methods and tools used to capture, manage, store, preserve, and deliver content and documents related to your organizational processes. ECM tools and strategies allow the active management of an organization's unstructured information, wherever that information exists1. How you manage this content has a direct impact on business efficiency, employee productivity, IT infrastructure complexity, and most importantly, your bottom line.
CAN SOMEONE PLEASE EXPLAIN CARBON ACCOUNTING AND DEFINE WHAT A CARBON LEDGER ...Workiva
Many jurisdictions have experienced considerable progress relating to the disclosure of climate-related information, however internationally aligned (or consistent) disclosure standards and requirements have not been mandated on a global basis. The result is an environment within which we have limited discoverability, consistency, comparability, and quality across the climate data available.
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44th World Continuous Auditing and Reporting Symposium Accounting and Auditing in an Artificial Intelligence Environment Foro Fundación Cajasol · Sevilla, Spain
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The goal of TODE’2017 is to look into the future of RegTech and discuss key developments within the 10+year horizon. Participants will learn and discuss the requirements, challenges and solutions necessary to achieve transparent, efficient and global, trusted, open data ecosystems, responding to today’s market, regulatory, legal and technological developments. The conference sessions and panels will cross the industries of banking, insurance, pensions funds, investment firms, securities and other to enable connected view and analysis across legal, data and technological perspectives.
The Management Accountant in a Digital World The interface of strategy, tech...Workiva
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Blockchain and XBRL at the 2017 American Accounting Association presented b...Workiva
The integration of "Blockchain and XBRL" provides a seamless data solution, with blockchain as a potential output from XBRL based reporting.
Blockchain’s smart contracts might also be facilitated by an XBRL’s powerful persistent data model.
The Impact of Technology on Audit at PIOB Madrid - presented by Liv Apneseth...Workiva
Regulatory and technological developments are changing the nature of financial markets, services and institutions in ways completely unexpected prior to the 2008 Global Financial Crisis
Natural capital accounting presentation at the xbrl euro filing 2017 presente...Workiva
The green gross domestic product (green GDP or GGDP) is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
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Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
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Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
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➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
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➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
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Xfrml xbrl dirty dozen list 2000
1. XFRML Working Group
January 4, 2000
By
Liv A. Watson
Lwatson@GaitherCPA.com
XML; The Missing Key to Financial Reporting
The XML-based Financial Reporting Markup Language (code named XFRML)
standards train is boarding and about to pull out of the station, but some aren’t quite
sure where it is going or how it can benefit their organization. According to the
XFRML working group XFRML would make it easier for companies to share financial
information and its data from incompatible spreadsheets and other applications
across disparate operating systems. Since most significant financial reporting and
data involves the communication of some form of structured data, having a standard
syntax for creating and exchanging data structures is obviously an important first
step to reducing the cost of distributing financial information. The goal of the XFRML
Working Group is to have an initial set of XML document types defined by March
2000.
The XFRML working group was begun by the AICPA (American Institute of Certified
Public Accountants). The following organizations have already joined this important
effort.
• American Institute of Certified Public Accountants (AICPA)
• Arthur Andersen LLP
• Best Software
• Caseware International
• Canadian Institute of Chartered Accountants
• Cohen Computer Consulting
• Crowe Chizek
• Deloitte & Touche LLP
• Document Technologies
• e-content, a division of Interleaf, Inc.
• EDGAR Online, Inc.
• Epicor Software Co.
• Ernst & Young LLP
• Financial Executives Institute (FEI)
• FreeEDGAR.com, Inc.
• FRx Software Corporation
• Great Plains
• Hyperion
• Institute of Management Accountants
• KPMG LLP
2. • Lawson Software
• Microsoft Corporation
• Morgan Stanley Dean Witter
• PricewaterhouseCoopers LLP
• Sage
• SAP
• The Woodburn Group
• XML Solutions
Creators and users of financial information are motivated to use XFRML because it
provides a means of describing documents, independent of medium; XFRML
documents can be used for print, the web or any other document medium. This
flexibility allows information system designers to use XFRML, as they can adopt one
set of standards, tools and methods for processing documents, regardless of their
various distribution targets.
What is XML?
XML describes documents by explicitly identifying each significant structure. These
descriptions are referred to as markup and can be used to describe financial data and
other documents in various ways. Every XML document uses some form of markup
to describe document parts, although some documents also conform to predefined
structural outlines called document type definitions (DTD). Various processes use
markup as a guide to modify, manipulate, format, display and transform documents.
The concept and use of markup are exactly the same in XML as in SGML and HTML.
Where HTML is concerned with presentation of information, XML is focused on the
nature of the information in the file. XML's main benefit is the interchange of
hierarchical data between different companies, different departments within the
same company, different applications, or even different portions of the same
program to communicate in a well-ordered, yet flexible way. For example, let's say
that you'd like to send you’re financial analyst a financial report. Ideally, you'd like to
send it electronically from your accounting software so that they can easily import it
into theirs. How would you go about doing this? You could send the information as
an Adobe Acrobat document, a Microsoft Word file, or a plain text file. While this is
convenient for humans, it isn't as easy for a computer to extract information from
any of these formats. You could also work with the financial analyst’s accounting
department to come up with a custom format, such as a comma-delimited file. Of
course, should they later decide to change the file format to accommodate another
client, you'll have to make changes to your financial generator program as well.
XFRML offers a solution to this problem. Your accounting program could e-mail the
financial analyst a copy of the financial report in XFRML that he could then read into
his system. Because XFRML will be flexible, minor changes to the format won't make
the systems unable to exchange information.
By using XML, organizations will be able to leverage their IT investments over a
variety of applications. Also, because XFRML will be an open standard, its users can
be confident that they will not be locked into a legacy of opaque binary data.
XFRML's simplicity and flexibility have made it an ideal foundation on which to build
XML-based Financial Reporting Markup Language initiatives.
3. XML was developed by the SGML Editorial Board formed under the auspices of the
World Wide Web Consortium (W3C) beginning in 1996. The design goals for XML
according to W3C are:
• XML shall be straightforwardly usable over the Internet.
• XML shall support a wide variety of applications.
• XML shall be compatible with SGML.
• It shall be easy to write programs, which process XML documents.
• The number of optional features in XML is to be kept to the absolute
minimum, ideally zero.
• XML documents should be human-legible and reasonably clear.
• The XML design should be prepared quickly.
• The design of XML shall be formal and concise.
• XML documents shall be easy to create.
There is a clear demand for the prompt delivery of accurate and reliable financial
information as an input to stakeholder decision models. The ability to retrieve
financial information and its data from the Web could provide higher levels of
accuracy, and considerable opportunities for innovative and cost-effective analysis
and use of accounting information. Today, accounting information on the Web is
inconsistently presented from corporation to corporation. The reality of the Web is
that it falls far short of being a reliable communications medium for accounting
information. This is mainly because there is no standard for metadata representation
of accounting information on the Web
Standards are beneficial because of the interoperability and integration aspects. In
the long run standards Improved access and lower distribution costs because fewer
technologies are involved. The data and the application will be useful for a much
longer time period and the data will not be tied to particular platforms.
.
At this early stage in the XFRML development, the working group is trying to figure
out what XFRML will do best. Some of the perceptions and objections from financial
departments that I have spoken to are addressed below and we as the XFML working
group are working on answering these and other questions.
1. Requires disclosing more financial data than the financial department
want.
XFRML is a tool that does not add or subtract to the amount of information
companies choose to make available, it enriches its context.
2. Regulatory Agencies like the IRS & SEC would be the primary
beneficiaries of XFRML – not Corporate Finance teams – in effect –
XFRML will give more power to groups that corporate finance teams
think of negatively
XFRML is a tool to create a neutral interface. This is as useful to the
consolidation process as it is to the external reporting process. The
4. acceptance an implementation of XFRML should ultimately lessen the
regulatory burden by making it easier to create necessary filings.
3. The benefit of XFRML is external of the company and not internally
and they feel like XFRML would take control away from the Finance
team.
The benefit of XFRML accrues to whomever uses it, internal or external. See
comments on consolidation above. Migrating data out of one
application/storage format to another is costly and error-prone. XFRML is
designed to address that pain, which occurs many times more often during
operational transfers of information within the company than during reporting
transfers to external entities.
4. They are already doing this – what more does XFRML give them?
The neutrality of XFRML leads to interoperability. As more tools and packages
are upgraded to import/export XFRML (tools already in place and under
maintenance agreements), less custom 'glue' is necessary to move data
around. Lower software maintenance costs on the glue code, shifting burden
(risk) of correctness from company to vendor.
5. Finance Teams do not want other groups/companies/constituencies
to be able to compare their financial data. Finance teams like to have
uniqueness in their reporting they do not see the benefit of
consistency.
If anything, XFRML’s extensible taxonomy makes it even easier to highlight
the uniqueness and incomparability of a company's reporting.
6. XFRML is too auditor/CPA focused.
XFRML is flexible enough to be used for internal reporting as well as external
reporting.
7. Finance teams would not trust XFRML tagged info ie. in the case of
mergers & acquisitions Finance teams would still want to go out and
do due diligence
Due diligence will be easier with applications that understand XFRML than
previously. Trust will grow with experience. Digital signing will help.
8. The finance department did not see the cost benefit.
XFRML eliminates the 'sand in the gears' effect of reformatting and re-keying
data. That is a direct benefit to the Finance Dept. The cost of implementation
of XFRML will be part of the maintenance cost of each package used be the
Finance Dept., which is a sunk cost.
5. 9. This functionality already exists in Excel – we have a large investment
in Excel and pivot tables specifically – we don’t want to lose this.
XFRML can/will be implemented by vendors that base their products on the
Excel platform. A shop that depends completely on custom
software/templates will take the hit that any vendor would take, it is in effect
self vending.
10.The scope of what is being communicated is too broad.
We need to tighten our message to speak directly to the pain of this
audience.
11. We are not adding to the value chain of trading partners.
To the extent that trading partners exchange financial data, XFRML is an
appropriate solution to the creation of flexible, extensible data interchange.
Adding a new trading partner presents a challenge, unless all partners agree
on a neutral interchange format. This is what consortia-led standards are all
about, see RosettaNet. Which XML vocabulary will be the enabler and
enhancer of data interchange is a question of what the data is about. Are you
exchanging data about derivatives? Use FpML. Are you exchanging data about
the financial position of a company? Use XFRML.
According to industry leaders XFRML appears to offer its biggest benefits where an
organization needs to move financial data between systems without having to map
the record formats to each individual system. Just as Java means portable programs,
XFRML means portable financial data. To find out more about XFRML, you should
visit the XFRML site at www.xfrml.org, which includes an overview and
demonstrations of the working group’s efforts, and a FAQ at
http://www.xfrml.org/Library/xfrml_FAQ.htm.