1. XBRL Financial Statement Case Study
Bob Laux
Director, Technical Accounting and Reporting
Microsoft Corporation

2. Microsoft’s Use of XBRL in External Reporting
Financial statements included with quarterly earnings release formatted in XBRL
Posted to Investor Relations site on the same day as earnings release
10-K/10-Q Income Statement, Balance Sheet, Cash Flows Statement, and Stockholders’ Equity Statement formatted in XBRL
Filed with the SEC via an 8-K
Currently looking at potentially tagging MD&A and the footnotes

3. Microsoft’s Use of XBRL in External Reporting
Pain Points
Some manual tagging, but increasing use of Office Tool for XBRL prototype
Present EDGAR system does not allow the receipt of XBRL/XML files unless it is in an altered form
Why Bother?
Shows leadership
Benefits our stakeholders
Benefits Microsoft’s internal and external reporting

4. Microsoft’s Use of XBRL in External Reporting
Benefits to our Stakeholders
Enhanced analytical capabilities
Performance versus others
Performance versus multiple prior periods
Lower cost of consuming information
Faster access to information
More timely, accurate data for decisions
Enhanced functionality

5. Microsoft’s Use of XBRL in External Reporting
Benefits to Microsoft’s Internal and External Reporting
Data integrity
Decrease/elimination of the reentering of data
Ability to streamline processes for collecting and reporting financial information
Linking of information from disparate systems
Ability to enhance monitoring of internal controls

6. Microsoft’s Use of XBRL in External Reporting
Looking forward
Enhanced Business Reporting
Framework to put structure around external reporting of information not currently covered under GAAP, including a discussion of management strategy and plans, risks and opportunities faced by a company, as well as industry-specific, process-oriented value drivers and financial and non-financial key performance indicators
XBRL is an important enabler for this effort