FEI/XBRL Canada Awareness Jeff Farley Jeff Farley VP Vice President, Finance & Administration -Microsoft Canada Mike Willis Mike Willis Partner -PriceWaterhouseCoopers

Accelerating Awareness  Microsoft and FEI Canada partnership  Six-city breakfast series targeting executives: VP Finance, controllers, CFOs  Speakers from: Academic accounting, advisory partner, MS corporate controller  Focus: Risk, disclosure, internal controls, financial reporting

What’s in it for Us?  Grappling with real business pain  Intersection of compliance, risk & disclosure AND technology  Driver: Regulators, tax authorities & exchanges standardizing on XBRL  Talking with finance executives as target audience  Demonstrating Financial Leadership  Addressing the broader solution  It’s not just the desktop  …it’s about Web services

Business Performance Management Competitive Analysis Risk Management Auditor tools 404 Monitoring Real-time Connection Enterprise Use of XBRL A “Web service” is a technology that can be used by applications to: Publish information Enable discovery of information Invoked over the internet using open Internet standards Data Business Operations Acquisition Integration External Reports SEC Filings SEC Disclosure Checklist Dept of Commerce Banks Internal Reports Data Data General Ledger Consolidation Drill down

How We Looked at Success  “WIIFM” Convergence  100% of target audience: CFOs, Controllers, VP Finance  Total attendance = 254, exceeding goal of 180  296% per head cost reduction from previous FY event  High Customer Satisfaction rating

What we learned  WIIFM Message is key for Finance Executive  Stress common pervasive problems  Don’t sell applications solutions, rather outline a directional path  Collaborate with complimentary business partners  The Academic view provided energy and independence  Coordinate with follow on training sessions  Have food at the session

Transaction data Multiple departmental Excel spreadsheets Senior Management Consolidated spreadsheets for management 2000 elements= 6500 spreadsheets (this is not a typo) SQL Today’s Data Management Environment

Transaction Data Multiple Departmental Excel Spreadsheets Consolidated spreadsheets for management SQL “Spreadsheet Hell” - Risk of Non-Compliance Senior Management

Subsidiary ERPs Supplemental information aggregation Controls Control located with data or in supplemental manual processes ERP Systems Don’t Eliminate Inefficiency Senior Management

Some ‘problems’ with today’s model  information goes in one direction  information has no shared context  analysis of the information is conducted via macros that are embedded within the applications and are not reusable by others  information labels are consistent from one application to another  information is not independently validated  information is not connected to other related resources across applications

Validation Standardization XBRL – More Than Just Definitions Calculation Cash = Currency + Deposits Formulas Cash ≥ 0 Contexts US $ FY2004 Budgeted Label cashCashEquivalentsAn dShortTermInvestments References GAAP I.2.(a) Instructions Ad Hoc disclosures Presentation Cash & Cash Equivalents XBRL Item XML Item XBRL Item Presentation Comptant et Comptant Equivalents Presentation Geld & Geld nahe Mittel Presentation Kas en Geldmiddelen Presentation 现金与现金等价物 Presentation 現金及び現金等価物 Presentation Деньги и их эквиваленты Presentation Гроші та їх еквіваленти

XBRL enables  information - where you need it  information has shared context  analysis of the information leverages shared business rules that are reusable by others  information labels are flexible across applications  information is independently validated  information is connected to other related resources across applications

Services architecture leverages common information taxonomies (concepts) Transaction and or subsidiary Data Viewing and aggregation for department & management XBRL Web Services Controls ‘Wrap & Map’ Senior Management

Key Messages  WIIFM Convergence  Identified pervasive problems  Real market momentum  Not If but When  The market opportunities are real  Collaboration works!

© 2004 Microsoft Corporation. All rights reserved. This presentation is for informational purposes only. Microsoft makes no warranties, express or implied, in this summary.