1. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com XBRL/Seattle Internal Reporting Session Streamlining Financial Reporting & Audit Analytics with XBRL

2. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Agenda XML @ Corel –Introduction to XMetaL Platform Internal Reporting Today Fundamentals of Re-Use XBRL as Metadata –Empowers content creation and re-use –Enables content analysis

3. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com XMetaL’s History of XML Innovation 3

4. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com XMetaL Products Corel Financial Report Console (free 30 day trial version available) –Based on XMetaL Author 4.0 and XBRL Integration Pack for XMetaL –Native XBRL Authoring for any level of user –Full Instance Document Creation support –Allows for complex Template Development and Deployment –Seamlessly integrates with your existing Content Management Systems and XML-aware databases –Infinitely Customizable to meet the needs of all levels of users within your organization! Corel Financial Statement Navigator (web-based) –Based on XMetaL for ActiveX and XBRL Integration Pack for XMetaL 4.0 –Native XBRL Authoring for any user –Allows for web-based data-entry via templates –Allows for web-based editing, review, and analysis of XBRL instances –Small footprint, easy to deploy and manage –Can be delivered as a hosted solution; infinitely customizable –Can be private-label branded –Can be embedded in a browser or any Windows application

5. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Corel’s strong Client base in Financial Services

6. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Visual Intelligence Products for Financial Reporting and Analysis

7. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com XMetaL XBRL Work Flow

8. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Internal Financial Reporting Today Everyday… Businesses generate thousands of internal reports, creating mountains of paper and e-content, These mountains of data are then endlessly mined and analyzed by a wide variety of tools, people and computerized systems. And it is based on this information pool that business decisions are made. Mountains of Information

9. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Internal Financial Reporting Today Most organizations already reuse financial content on a daily basis Internal Reports are generated by acct system’s reporting engines Copy and paste it into spread sheets and documents Distributed via email with explanatory notes And sent to decision makers on a daily basis This works well until the finanical content - and everywhere it appears - has to be updated…. Mountains of Information

10. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Proprietary Data Format, Departmental Boundaries This content is the life blood of an organization – getting accurate, timely content out to the right people at the right time is critical to an organization’s success. Internal financial reporting –Financial performance of Divisions, Subsidiaries, Joint Ventures – determines ability to react Cause Silos of Information occur..

11. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Financial Reporting Accounting System (accumulates both financial and managerial accounting data) Information for decision making and control of an organization’s operations. Published financial statements and other financial reports. Internal Users External Users

12. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com A Growing Problem Organizations have exploding amounts of ever-changing financial content that must be delivered to different audiences in different forms

13. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Reduce the Cost and Time of Providing up-to-date, personalized content to multiple channels

14. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Fundamentals of XML Re-Use Reuse is not a new concept Many industries have been using XML to enable reuse: –Improve quality –Increased consistency –Reduced development and maintenance costs –Rapid reconfiguration –Translation Re-New, Re-Use, Re-Cycle

15. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Systematic Re-Use of Financial Data Structured Content Allows Data reuse, comparability, aggregation Enables transparent reporting Allows for the use existing content components to develop new “documents.” Allows for planned reuse where content is automatically inserted from Managing Enterprise Content (Publisher: New Riders Publishing; ISBN: 0735713065)

16. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com XBRL Metadata …enables Re-Use and Analysis…hence Audit Tests.. XBRL- Applications Defines the technical standard for the composition of XBRL Taxonomies Defines a set of data tags in a certain business reporting area (i.e. US GAAP, IAS) “Output” from tagging data using one or more taxonomies Software that uses “tagged” data for presentation, analytics, etc. XBRL-Specification XBRL- Instance XBRL- Taxonomy

17. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Support for Any XBRL Taxonomy –Specification 2.0 and up Native XBRL Word Processing –Client end users never has to see underlying XBRL –Editing and Composition of XBRL-tagged Financial Statements –Industry-leading word-processing interface for XML –Support for Numeric and Prose editing of XBRL documents Template Building –One-Click Creation Data Entry templates for XBRL instance creation from any taxonomy Full Instance Document Creation – Using presentation & label linkbases – Publishing to Html, PDF and other XML standards such as NewsML, RixML Analysis/Assurance –Leveraging Calculation and Formula Linkbases – Formula and Audit Test Building – Built-in Scripting capabilities Integration with Web-based Interactive Graphics –Deliver powerful web-based Scalable Vector Graphics –Tied directly to XBRL data in drill-down interactive graphics XMetaL Functionality 17

18. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Demo Time – Reuse and Audit Tests Leveraging –Financial Report Console –Linkbase Technology –Web-base Graphics –XBRL Integration Pack To create new documents that can be reused To consume existing documents To review and examine XBRL content

19. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com The XMetaL Platform for XBRL delivers a new set of tools designed to simplify the implementation of XML applications across the Financial Reporting Supply Chain –enables anyone to create valid XML content, and streamlines the process of distributing information to the Web, print and other media. –enables organizations to rapidly build and deploy XML applications that enable anyone to create valid XML content and streamlines the process of rendering and distributing information to the Web, print and other media. –provides the only rich XML editing and instance creation solutions that support dynamic validation for both W3C Schemas and DTDs. XMetaL product Re-Cap 19 1-27-03

20. 11/2/2003 Diane Mueller Sr. Program Manager, XML Content Solutions Diane.Mueller@Corel.com Questions? 20