1. The XDIS/XBRL pilot project
I Technical Meeting of European XBRL implemented projects
5-6 October 2006
The XDIS/XBRL pilot project
Giuseppe Sindoni
Eurostat 2

2. Background
2004: Feasibility analysis to a project for extraction of statistical data from XBRL reports
A pilot project feasible for extraction of raw economic data by NSIs
2005: X-DIS, XML for Data Interoperability in Statistics
Funded by IDABC
Aimed at implementing XML standards in the ESS

3. Objectives of the pilot project
Test:
Efficient use of XBRL in the statistical reporting chain
Chances of widespread acceptance by enterprises and institutions
Focus on
Reporting by enterprises to NSIs
Not on
Reporting by NSIs to Eurostat

4. Tasks
Inventory of relevant existing taxonomies and mapping to statistical legislation
Monitoring XBRL developments
Creation of an extensible statistical taxonomy
Test the taxonomy in a live environment with suitable enterprise samples
Define if and how make it operational in enterprises
Feasibility analysis of the “pull” approach

5. Reference groups The Accounting and Statistics Task Force
To co‑ordinate work and identify possible needs for action w.r.t. IAS and Statistics
XBRL pilot reports to A&S TF
The XBRL pilot Task Force
To provide test environments and feedback
Composed of active members and observers
BE, ES and NL to be active members

6. Task 3 Creation of an extensible statistical taxonomy
First experiment: Taxonomy for SBS at INE
Effective collaboration
Many concepts to be defined from scratch
Draft IFRS based European Statistical Taxonomy
IFRS to be the future FR standard (?)
Taxonomy to be used by countries and extended with local concepts
Covers: Services/Trades, Industry and Construction

7. Planning task 4
Test the taxonomy in a live environment with suitable enterprise samples
To be performed with active members
Initial test plan prepared to test between June and September 2006
Misalignment with local project schedules suggested to reschedule between October 2006 and February 2007

8. Running task 4 INE Statistics Belgium CBS
Taxonomies to be tested against instances coming from three volunteer enterprises
Statistics Belgium
Development of XBRL based prototype data collection system to test with volunteer companies
CBS
Taxonomy to be tested against instances coming from accounting firm

9. Task 1. Mapping Procedure
(2)
NSI
(1)
Statistical frameworks
ENTERPRISES
SBS
STS
PRODCOM
LFS …
SCOPE
DEFINITION
MODELIZATION
MAKE INVENTORIES
OF SBS CHARACTER-ISTICS
PARAMETRIZATION
DETERMINE VALUES TO COLLECT TO MAKE SBS CHARACTERISTICS
MAP VALUES TO ACCOUNTING CONCEPS
FIND
DATA MODEL
common
industry
services
trade
credit entities
insurance
pension funds
REGULATIONS
FIND OUT
RELATED
TAXONOMIES /
ACCOUNTING PRINCIPLES
IFRS
(sets of characteristics)

10. Task 3. Taxonomy X-DIS/XBRL
IFRS scenario
For IFRS scenarios (as a proof of concept and base for a future XBRL Statistical Taxonomy)
IFRS-GP 2005
Char.
Label
xdis-eu-sbs-ci-characteristics xsd
Char.
Ref.
Var.
Label
xdis-eu-sbs-ci-variables xsd
Var.
Pres.

11. How to work with Statistical European Taxonomy?
IFRS scenario for Member States
For National Statistical Taxonomies based on European Statistical Taxonomy will be necessary to extend, in XBRL sense, the taxonomy offered by Eurostat, including the new elements and linkbases.
IFRS-GP 2005
Char.
Label
xdis-eu-sbs-ci-characteristics xsd
Char.
Ref.
Var.
Label
xdis-eu-sbs-ci-variables xsd
National GCD
Var.
Pres.
Var.
Pres.
xdis-MS-sbs-ci-variables xsd
Var.
Calcul
Var.
Label

12. Future activities October 2006 – February 2007 March 2007
Prepare and perform tests
March 2007
Acceptance analysis
April – November 2007
Extension to other domains and countries (maybe IE, LU and SE)

13. Lessons learned so far
Many different types of heterogeneities between countries and domains
Differences in local GAAPs
Different political approaches
Different rationales for XBRL introduction
Statistical taxonomy design could be driven also by technical/organisational considerations
XBRL acceptance by enterprises lower than expected

14. Issues
Is it realistic to aim for extraction of statistical data from existing XBRL accounting and financial reports in the medium term (2008)?
Depends on countries
Is it a good choice to base European statistical taxonomies on IFRS? ->
No alternative
Are we really reducing the burden on enterprises?