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XBRL: Statutory Reporting & Compliance. Presented By James McCutcheon. Overview. APRA (Direct2APRA) Issues The core issues The solutions XBRL Misconceptions Magic Bullet. The Push and Pull. Reporting Company. Regulatory Body. More Information Openness Reduced Pain
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XBRL: Statutory Reporting& Compliance Presented By James McCutcheon
Overview • APRA (Direct2APRA) Issues • The core issues • The solutions • XBRL Misconceptions • Magic Bullet
The Push and Pull Reporting Company Regulatory Body • More Information • Openness • Reduced Pain • Disparate Systems • Cost of Compliance
Direct2APRA Last Mile D2A [XBRL] Financial Institutions
XBRL Magic Bullet … NOT Completed Reports People Physical Reports Data
APRA Solution • APRA Connect • Excel to XBRL conversation [ Walk Through ]
What you should do • Publish Taxonomies • Work with vendors • Encourage a panel • Workshops • Road Maps • Provide API’s • Provide Webservices • Provide Test and Production Environments