MACPA's XBRL Project

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MACPA's XBRL Project includes tagging our financial reporting dtata to XBRL GL and using that to populate KPI analysis speadsheets. Next steps include mapping to GAAP taxonomy, creating non-profit extensions, and possibly transmitting to govt'

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MACPA's XBRL Project

  1. MARYLAND ASSOCIATION OFCERTIFIED PUBLIC ACCOUNTANTS XBRL Project Skip Falatko, CPA – Director of Finance Thomas Hood – Accounting Student Intern
  2. Our GoalsLearn about XBRLTake the mystery out of XBRLLeverage XBRL in our organizationShowcase XBRL to our members & NPOsMaryland Adoption
  3. Data Flow - XBRL
  4. Dynamics View
  5. Altova Mapping
  6. GL Output
  7. GAAP Taxonomy
  8. Data Entry for KPIs
  9. MACPA KPIs
  10. What we’ve learned so far…..XBRL can improve accountability and disclosureNon-Profits need their own taxonomyGlobal GL (ubiquitous XBRL) could do for accounting/taxation what bar codes did for retail
  11. Resources:xbrl.usXbrlfordummies.comWired Magazine February 23, 2009http://www.cpasuccess.com/xbrl For more information – contact Skip Falatko skip@macpa.org

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