tying xbrl gl to fr: xbrl mappings, transformations and queries across the reporting supply chain...
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Tying XBRL GL to FR: XBRL mappings, transformations and queries across the reporting supply chain
Thomas Klement, XBRL Germany, thomas.klement@xbrl.deHarald Schmitt, IASCF, hschmitt@iasb.org.uk
Agenda• Introduction• Scenario• Domain issues• Technical issues• Mapping and query basics• Evaluation results
Current situation“Gap between financial reporting information and originating data sources”
The reasons are– High degree of aggregation versus bulk data– Complex processing rules – Heterogeneous data models– Various data exchange formats– Few experience with use of standards
Objective• How can standards help bridging the gap?
– Existing XML standards– Upcoming XBRL standards
• What standards are needed?– XBRL import/export– Validity checking– Inter-XBRL mapping– XBRL Transformation– XBRL querying
XBRL Capabilities ─ Scenario: Corporate Group Reporting
XBRL GL
DimensionalTaxonomy
internalFR Taxonomy
externalFR Taxonomy
Will XBRL Become an Enabling Technology for Backwards Discovery?
What standards are available?
• XBRL– XBRL FR– Dimensional
Taxonomies– XBRL GL– Formulas– Generic Linkbases
• XML– SQL/XML– XML for Analysis– XPath– XSLT– XQuery
Example:
Storage, Processing and Transition
GL FR FR
ERP XML DB
Main problems
• Cross-system transitions
• Bi-directional mappings
Makes Consolidation Bi-directional Mappings Impossible?
• Individual company closing– Period initialisation– Carry-over– Compilation– Validation– Reconciliation– Allocation– Reclassification– Currency conversion– Validation
• Concolidated financial statement– Changes of consolidation
scope– Elimination of inter-company
profit and loss– Group summation– Reclassification– Consolidation of investments– Validation
Transition Approach and Evaluation Results
For further information check
http://www.xbrlopen.org/abra/xbrltransitions.pdf
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