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XBRL IFRS: Working Together

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XBRL IFRS: Working Together

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    1. XBRL & IFRS: Working Together ?????????? IASCF XBRL Practice Fellow ??????????????? ????? XBRL ?????????????????? ??????????? IASCF ????????????????? -????

    2. 2 Agenda ?? Background History Current Status Current Use Issues Next Steps

    3. 3 IASC Foundation: Organisation

    4. 4 ???????????: ????

    5. 5 Increased transparency Improved comparability Increased quality Increased speed to produce financial statements Maintenance facilitation IFRS concerned with:

    6. 6 ?????? ???????? ????? ?????????????? ???????? IFRS???????:

    7. 7 IFRS - The world is getting smaller

    8. 8 IFRS ???????????

    9. 9 Agenda ?? Background History Current Status Current Use Issues Next Steps

    10. 10 XFRML [Conceptualisation] eXtensible Financial Reporting Mark-up Language (XFRML) 1999 Charlie Hoffman investigates how XML could be used for electronic reporting of financial information. Charlie begins developing prototypes of financial statements and audit schedules using XML. 12 member initial Steering Committee formed, including former Big 5, and Kurt Ramin IASCF.

    11. 11 XFRML [???] eXtensible Financial Reporting Mark-up Language 1999? ??????????????????????XML??????????? ??????XML?????????????????????????????? 12??????????????????5??????????????????????????????????

    12. 12 XBRL [Conceptualisation] Rebranded to eXtensible Business Reporting Language 2000 First XBRL specification released. Bill Gates declares XML to be the next revolution on the Internet and announces the .net strategy, which includes XML tools in upcoming Microsoft products. Development begins on XBRL for IAS by David Prather

    13. 13 XBRL [???] eXtensible Business Reporting Language (????????????????????????)????? 2000? ???XBRL???????? ???????XML??????????????????????XML?????????????????????????????? ????? ??????IAS(???????)????XBRL??????

    14. 14 XBRL [Conceptualisation] Awareness 2001 XBRL holds its first international meeting in London Morgan Stanley announces that it has tagged its financials, sent information to the SEC in XBRL format and posted them to its web site Develoment begins on XBRL for General Ledger, to allow tagged data to be moved into and out of the general ledger. Use will serve as a bridge between business reporting and transaction reporting. XBRL expands its membership to 85 members

    15. 15 XBRL [???] ?? 2001? ?1?XBRL ????????????????? ??????????????????????XBRL?????????? ??????????????????????????? ???????????????????????????????????????????XBRLGL????????????????????????? XBRL ?????85?? ?????

    16. 16 XBRL [Base Development] Increased Awareness 2002 IAS "Panel of Experts" meet in Singapore to build first full IAS taxonomy Charlie Hoffman joins IAS Taxonomy Working Group Josef Macdonald appointed Chair of IAS Taxonomy Working Group Ad Hoc IAS Working Group formed from Volunteers Release of IAS PFS and EDAP Taxonomies Membership grows to 140+

    17. 17 XBRL [???? ] ?????? 2002? IAS?????????????????IAS????????????????????????? ???????????IAS???????????????? ????????????IAS??????????????????? ??IAS??????????????????? IAS???????????????EDAP????????????? XBRL ?????140??????

    18. 18 XBRL [Base Development] Consolidation 2003 Specification 2.1 released providing stable platform for XBRL development Conformance/Test Suite released to boost XBRL interoperability IFRS Working Group help drive Consortium domain and specification activities IASCF appoints XBRL Practice Fellow IFRS taxonomy first to publish in XBRL version 2.1 in draft, prior to finalisation of specification 2.1 Membership grows to 200+

    19. 19 XBRL [????] ?? 2003? XBRL?????????????????????2.1?????? XBRL???????????????/????????????? IFRS Working Group ????????????????????????????? ????????????XBRL Practice Fellow ????? XBRL??2.1??????????????????????????XBRL??2.1?????? XBRL?????200??????

    20. 20 XBRL [Base Development] Commitment 2004 Financial Reporting Taxonomy Architecture documentation released as Candidate Recommendation IFRS Taxonomy Working Group releases worlds first 2.1 financial reporting taxonomy Kurt Ramin appointed Chair of XBRL International and vice chair of XBRL in Europe Josef Macdonald appointed Vice-Chair of Domain Working Group IFRS Taxonomy Working Group releases IFRS-GP taxonomy, including discloures for banks and similar institutions Teresa Schiavina of Italy appointed as inaugural IASCF XBRL Intern IASCF and XII host 10th XBRL International Conference in Brussels

    21. 21 XBRL [????] ?? 2004? ??????????????????????????????????? ?????????????????????????????2.1???????????????? ????????XBRL????????????XBRL??????????????? ????????????????????????????????? ??????????????????????????????????????IFRS-GP?????? ??????????????????????????????XBRL????????? ????????????XBRL???????????10??XBRL?????????

    22. 22 XBRL [Base Development] Delivery 2005 Kurt Ramin re-appointed Chair of XBRL International Josef Macdonald appointed Chair of Domain Working Group 4 more IASCF XBRL Interns appointed Dr Alan Teixeira appointed to IASB technical position IFRS-GP re-rereleased in Final form 5 Student Interns appointed at IASCF 3 language link bases released as draft

    23. 23 XBRL [????] Delivery 2005? ????????XBRL?????????????????? ???????????????????????????????? ????????????XBRL????4??????? ????????????????????????????????? IFRS GP????????????? ????????????XBRL????5???? ???????????????3??????????

    24. 24 Key Points: Good progress has been made, but it is a slow process Current taxonomy (2004 Bound Volume) can be used now Still some way to go way to go to test, refine and update IFRS taxonomy development tied to: XBRL progress at the XBRL International level Software vendor implementation progress Volunteer taxonomy development efforts

    25. 25 ??: ?????????????????????????????? ?????????(2004???????????????)?????? ??????????????????????? ???????????????? ?????????????? XBRL???????????????XBRL??? ?????????????XBRL????? ???????????????????

    26. 26 Agenda ?? Background History Current Status Current Use Issues Next Steps

    27. 27 Modularised Taxonomy (May 2005) ?????????????(2005?5?)

    28. 28

    29. 29 IFRS Taxonomy Modules Manager (ITMM) IFRS????????????????

    30. 30 ADRA Online Taxonomy Viewer ADRA????????????????

    31. 31 3 Draft Translations 3??????

    32. 32 Draft Japanese PFS Translation ?????????????

    33. 33 Draft Japanese PFS Translation ?????????????

    34. 34 IFRS Standards in XML Link to Taxonomy IFRS?XML? ? ???????????

    36. 36 Taxonomy Extensions & Instances ??????????????????

    37. 37 Agenda ?? Background History Current Status Current Use Issues Next Steps

    38. 38 IFRS Extension Taxonomies IASCF Financial Statements European Central Banks ECCBSO FINREP Belgium Spain Netherlands Also, South Africa, Australia, New Zealand, ... Translations in Progress of Label Linkbase (4 Draft Translations)

    39. 39 IFRS????????? IASCF????? ?????? ECCBSO (????????????????) FINREP (????) ???? ???? ???? ??????????????????????????? ... ???????????????? (???????)

    40. 40 IASCF Financial Statements in XBRL IASCF??????XBRL?

    41. 41 ECCBSO (????????????????) CBSO extension to the IFRS taxonomy Showcase Multilingual spreadsheet Instance database (39) Online Ratio Analyzer

    42. 42 Agenda ?? Background History Current Status Current Use Issues Next Steps

    43. 43 Versioning ????????

    44. 44 Mapping & Instance Creation ????????????????? What do members want, and how do we deliver it efficiently? Here is what they want today and these are completely legitimate since they speak to the fundamental value proposition of XBRL International itself. The only news here is this last point. I am convinced that we can deliver much more value, more effectively, by eliminating in our own minds the distinction between educational materials and XBRL Internationals fundamental work product: specifications. The fact is that nobody releases software without tutorials, documentation, and a lot of other support. Why do we think we can avoid it?What do members want, and how do we deliver it efficiently? Here is what they want today and these are completely legitimate since they speak to the fundamental value proposition of XBRL International itself. The only news here is this last point. I am convinced that we can deliver much more value, more effectively, by eliminating in our own minds the distinction between educational materials and XBRL Internationals fundamental work product: specifications. The fact is that nobody releases software without tutorials, documentation, and a lot of other support. Why do we think we can avoid it?

    45. 45 Taxonomy Architecture ??????????????

    46. 46 Taxonomy Architecture ??????????????

    47. 47 Taxonomy Translations ?????????

    48. 48 Agenda ?? Background History Current Status Current Use Issues Next Steps

    49. 49 Next Steps ?????? Encourage Use by Preparers Prototype New Taxonomy Architectures Trial Taxonomy Maintenance Software ?????????????????? ???????????????????????????? ????????????????????

    50. 50 Thank You ???????????????

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