Implementing XBRL in Your Software

1. Implementing XBRL in Your Software

2. Agenda 8:30 - 9:00 Introduction Arthur Stewart E&Y 9:00 - 9:30 Real Stories: Oracle Corporation Rob Zwiebach Oracle 9:30 - 10:00 Real Stories: OneSource Jeff Kushmerek OneSource 10:00 - 10:15 Break 10:15 - 11:00 XML/Web Services Interoperability Chris Kurt Microsoft 11:00 - 11:15 Leveraging the XBRL Consortium Matherne XBRL/AICPA 11:15 - 12:00 Software Development Considerations Karl Busch E&Y 12:00 - 12:30 Panel Session: Q&A Arthur Stewart E&Y

3. XBRL Adoption Promise • The adoption of XBRL promises to help companies and individuals make faster and better decisions-which will lead to more efficient capital markets that, in turn, may reduce capital costs. • Forward-thinking organizations looking to reduce costs and gain competitive advantage are already leveraging their efforts in pilot projects inside their organizations

4. Significant XBRL Implementations • Several U.S. regulatory agencies (including the FDIC, OCC and OTS) are involved in a joint project • AICPA Project gained Auditing Standards Board Approval • Several public companies are posting XBRL Instance Documents • A few Fortune 100 companies are assessing or piloting how to use XBRL to improve internal reporting • Several National Banks are currently involved in a market demonstration project • APRA - Australian Prudential Regulatory Authority • Inland Revenue Service – UK • Many Software Vendor Solution Pilots

5. Recent Financial Software Vendor Survey • AICPA personnel performed a telephone survey of 21 leading financial software vendors during the 2nd quarter of 2003

6. Methodology - August 2003 Software Survey • Survey covered 59 separate ERP and GL products • Survey respondents Characteristics: • Individuals were product managers or others familiar with the products and future planned enhancements • For this survey, accounting software included ERP, general ledger and reporting software. • For purposes of analysis, companies were further segregated by their customer size – large (Tier A) and small/medium (Tier B).

7. Key Findings - August 2003 Software Survey • XBRL is taking hold with accounting vendors • Although user demand is perceived to be low/moderate. Two thirds of the accounting software vendors surveyed have either already XBRL enabled, or have decided to enable, one or more products • Customer Size Matters • Accounting software vendors oriented towards large companies are ‘further down the XBRL/XML road’ then software primarily oriented to small/medium companies • Focus is on outputting in XBRL • Not import XBRL or G/L enable. As expected. • Understanding is key to XBRL Enablement • Of the 7 companies whom have not yet decided to XBRL enable, only two say they have a good understanding of XBRL

8. Predictions - August 2003 Software Survey

9. The Expected Evolution of XBRL Milestones STANDARD SETTING STAGES Wide Usage & Significant Market Benefits Validated ANTICIPATED LEVEL OF ADOPTION Global Recognition 2007 ? High – It is a Standard XBRL Use Grows: • Geographically • By Industries • Types of BR Maturity of Core Components: • Taxonomies • Software Tools • Impl. Guidance Medium - Best Practice Market Acceptance 2004 – 2006? Low – Industry Leaders & ‘Pockets’ User and Preparer Implementation Guidance is Developed Technology Standard and Base Taxonomies are Developed New & Existing Software is XBRL Enabled Very Low – Innovators Base Development 2001 – 2004 Denotes estimated status of meeting the milestone International Participation and Focus Significant Market Need & Demand Participation of Key Stakeholders Organizational Development & Structure 1999 – 2000

10. Real Stories