1. Referentie Grootboek Schema* …bridging the gap between administration and reporting *a Uniform Reference for Chart of Accounts

2. Guiding Principles of RGS An effective and equal public private partnership Based on commonly used charts of accounts Unambiguous definitions Connection with Standard Business Reporting (SBR) Basis for all surveys requiring general ledger data Initial focus on SME’s Non-compulsory

3. (0) Reference number (example) for chart of accounts - optional - (2) Description: Standardised general ledger descriptions (in Dutch) (1) Reference code Hierarchical alpha-code (3) Mapping: Coupling with SBR- reports (taxonomies) source: www.referentiegrootboekschema.nl (kennisbank / knowledge base) The RGS Reference number Reference codeDescriptionMapping BVrdVoorraden 300100000 BVrdHanHandelsgoederen12600 300101000 BVrdHanVooVoorraad handelsgoederen12610 300102000 BVrdHanVicVoorziening incourant handelsgoederen12610 300103000 BVrdHanHvvHerwaardering van voorraden handelsgoederen12610 300104000 BVrdHanAwvAfwaardering van voorraden handelsgoederen12640 300105000 BVrdHanTveTerugneming van een eerder verwerkte afwaardering12640

4. Advantages of RGS A bridge between administration and SBR reports: Reporting becomes easier and quicker Reduction of the administrative burden Fewer errors = increased quality A useful instrument for internal reporting and benchmarking Relationship with standard audit files as defined in the Netherlands (also a public private partnership) In the near future: integration with electronic invoicing

5. List of Current Partner Organisations Software developersFinancial advisersReporting institutions AFAS SoftwareDeloitteTax Office CaseWare NetherlandsExtendumStatistics Netherlands Exact Software Netherlands BVNetherlands Institute of Chartered Accountants (Nederlandse Beroepsorganisatie van Accountants – NBA) Financial Reporting Collective (three largest Dutch banks) Pro Management SoftwareDutch Association of Accounting and Tax Experts (Nederlandse Orde van Administratie– en Belastingdeskkundigen – NOAB) Dutch Chamber of Commerce (Kamer van Koophandel, KvK) ReeleezeeDutch Association of Tax Advisers (Nederlandse Orde van Belastingadviseurs – NOB) Semansys TechnologiesAssociation of Chartered Accountants (Samenwerkende Registeraccountants en accounts–administratieconsulenten – SRA) Twinfield International N.V. UNIT4 Business Software

6. Progress to Date Delivery of RGS 1.0 and website launch27 May 2014 Implementation by software developersfrom 27 May 2014 Final version of RGS 1.1Dec 2014 Version control and integration testlate 2014 Structural cooperation with SBRbeginning 2015 Further rolling out to software developers and financial advisers 2014/2015

7. www.referentiegrootboekschema.nl For further information and resources, see…