Leveraging the XBRL Consortium J. Louis Matherne President, XBRL International Director – Business Assurance & Advisory Services, AICPA

Why are we here? To help build a foundation that enables the reengineer of business reporting That foundation is the standard we call

Why is a consortium needed? Members collaborate on standards … Standards are built through collaboration and consensus

…but compete on applications

Members make 3 Investments in XBRL Financial Collaborate on standards and adoption Build XBRL into products / services

Benefits of Membership  Substantial technical and networking value  Full supply chain community  Influence the development and adoption of XBRL  Gain time to market advantage  Position your company as an innovator

So how do you leverage your investment in the XBRL consortium to our best advantage?

Scope and role of XBRL External Financia l Reportin g Business Operations Internal Financi al Reporti ng Investme nt, Lending, Regulatio n Processes Economic Policymak ing Participants Auditors Trading Partners Investors Financial Publishers and Data Aggregators Regulators Software Vendors Management Accountants Companies Central Banks XBRL

Scope and role of XBRL External Financia l Reportin g Business Operations Internal Financi al Reporti ng Investme nt, Lending, Regulatio n Processes Economic Policymak ing Participants Auditors Trading Partners Investors Financial Publishers and Data Aggregators Regulators Software Vendors Management Accountants Companies Central Banks XBRL Collaboration is KEY!!!

XBRL International is a non-profit consortium  Manage the royalty-free intellectual property  Facilitate knowledge sharing among members  Provide a framework for further development Japan United States Australia Spain Ireland Germany Canada United Kingdom IASB China Sweden Denmark Switzerland Netherlands New Zealand BrazilSouth Africa Korea Colombia Argentina Singapore

International Steering Committee Chair International Steering Committee Chair Sitting Members * Standing CA AU IASB* NL US UK NZ DE Board of Trustees Jurisdictions 1 st Vice Chair XBRL Management President Operations Manager XBRL Management President Operations Manager Preparer, Private Academic Software & Services Accounting Intermediaries Regulators Analyst Investor/Creditor Preparer, Public Supply Chain Communities 2 nd VC Finance/Audit Committee Nominating Committee Executive Committee 1st At Large ISC Representatives 2nd 3rd 4th Credit Risk Assessment Domain General Ledger Marketing & Comm. Specification Research & Grants Basel II International Working Groups Members JP Provisional SpainKoreaIreland Taxation Exchanges

International Steering Committee Chair International Steering Committee Chair Sitting Members * Standing CA AU IASB* NL US UK NZ DE Board of Trustees Jurisdictions 1 st Vice Chair XBRL Management President Operations Manager XBRL Management President Operations Manager Preparer, Private Academic Software & Services Accounting Intermediaries Regulators Analyst Investor/Creditor Preparer, Public Supply Chain Communities 2 nd VC Finance/Audit Committee Nominating Committee Executive Committee 1st At Large ISC Representatives 2nd 3rd 4th Credit Risk Assessment Domain General Ledger Marketing & Comm. Specification Research & Grants Basel II International Working Groups Members JP Provisional SpainKoreaIreland Taxation Exchanges House of Representatives Senate

Preparer, Private Sector Academic Software & Services Accounting Intermediaries Investors/Creditors Analyst Regulators Preparers, Public Sector Supply Chain Communities 2 nd VC XBRL International Governance & Operational Structure Supply Chain Community (SCC) represents a functional area in, or supporting, the business reporting process. It facilitates international activities, collaboration and sharing expertise across borders. Supply Chain Community members Members of an established Jurisdiction Individuals who participate in the working party of a Provisional Jurisdiction

XBRL U.S. Structure XBRL U.S. Steering Committee Domain Working Group Adoption Working Group XBRL Int. Steering Committee

XBRL U.S. Structure Set strategy & priorities for US Oversee US working group activities Oversees US Budget and Finances Set US policies Outline Expected Commitments from Members Oversight of US Portion of XBRL Website Identify issues to be raised to XBRL Int. XBRL U.S. Steering Committee XBRL Int. Steering Committee

What you can do?  Attend meetings  Participate  Take responsibility  Communicate  E-groups (XBRL-INT, XBRL-jur, XBRL-public, etc.)  Instructions for posting [TOOLS], [GEN], itd.  Keep postings to PUBLIC issues (“Hi Mom!”)  Use and post to  Look for opportunities in and outside XBRL  Promote XBRL in your community

Leveraging the XBRL Consortium J. Louis Matherne President, XBRL International Director – Business Assurance & Advisory Services, AICPA