1. ® XBRL GL and External Reporting Walter Hamscher (walter@hamscher.com)walter@hamscher.com Vice Chair, XBRL International Consultant to PricewaterhouseCoopers

2. ® Or, Finding the Missing Link Walter Hamscher (walter@hamscher.com)walter@hamscher.com Vice Chair, XBRL International Consultant to PricewaterhouseCoopers

3. ® Summary  The Business Reporting Supply-Chain  GL for External Reporting  Purposes of Internal Reporting  Reporting as Pivoting  Directions

4. ® The business reporting supply-chain Externa l Financi al Reporti ng Business Operations Internal Financial Reporting Investment, Lending, and Regulation Processes Participants Auditors Trading Partners Investors Financial Publishers and Data Aggregators Regulators Software Vendors Management Accountants Companies XBRL

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6. ® Example of a typical FCC regulatory report

7. ® Example of same report using XML

8. ® Relationship to other standards  External reporting to different targets External Reporting Trade Execution Investment Decision Making Regulation Information Aggregation XBRL US/UK GAAP Taxonomies: Capture precise business performance detail data FIX, FIXML, IFX, OFX, FpML: Execute decisions RIXML, NewsML: Manage many documents MDDL: Convey price data

9. ® Relationship to other Standards  Business events (buying, selling, hiring, trading) give rise to transactions that are recorded in an accounting system. Human Resources General Ledger Internal Reporting Purchasing Sales Inter- Enterprise Business Operations Trading Purpose of FIX, OFX, IFX, HR-XML, ACORD, many other standards in different industries. Other Systems Purpose of XBRL GL: Exclusively exchange GL data in a comprehensive way Purpose of OAG and OMG: Message sets cover GL incidentally; mainly for other system-to-system interfaces

10. ® External Financial Reporting Business Operations Internal Financial Reporting Investment, Lending, and Regulation Processes Participants Auditors Trading Partners Investors Financial Publishers and Data Aggregators Regulators Software Vendors Management Accountants Companies XBRL Financial Statements XBRL-GL The Journal Standard Industry Specific --- e.g. ACORD The Business Reporting Supply Chain

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12. ® Summary  The Business Reporting Supply-Chain  GL for External Reporting  Purposes of Internal Reporting  Reporting as Pivoting  Directions

13. ® Internal Reporting: Purpose  Review past results  Review forecast results  Identify exception conditions  Answer specific questions  Inputs to further calculations/modeling  Inputs to other processes Thanks to Rob Zwiebach, Oracle Corporation

14. ® Internal Reporting: Audience  Executive  Financial Analyst  LOB Manager Thanks to Rob Zwiebach, Oracle Corporation

15. ® Internal Reporting: Level of Detail  Corporate  Line of Business  Geographic  Departmental Thanks to Rob Zwiebach, Oracle Corporation

16. ® Internal Reporting: Timeframe  Daily  Weekly  Monthly  Quarterly  Yearly  Comparative  Ad hoc Thanks to Rob Zwiebach, Oracle Corporation

17. ® Internal Reporting: Type  Static  Interactive  Ad hoc Thanks to Rob Zwiebach, Oracle Corporation

18. ® XBRL Sweet Spot  Purpose: Inputs to Further Calculations/Modeling, Input to Other Processes  Audience: Financial Analysts  Level of Detail: Any  Timeframe: Any  Type: Static Thanks to Rob Zwiebach, Oracle Corporation

19. ® Analysis Reporting Not XBRL Doc Not XBRL Doc Do Something Mapping

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22. ® Summary  The Business Reporting Supply-Chain  GL for External Reporting  Purposes of Internal Reporting  Reporting as Pivoting  Directions

23. ® XBRL GL instance as seen by Excel Thanks to David Scott Stokes, IT Specialist Chartered Accountant FCA PMP MACS

24. ® Reporting as Pivoting Thanks to David Scott Stokes, IT Specialist Chartered Accountant FCA PMP MACS

25. ® Summary  The Business Reporting Supply-Chain  GL for External Reporting  Purposes of Internal Reporting  Reporting as Pivoting  Directions

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27. ® Wacoal: XBRL GL Auto Journalizing System Copyright 2004 Hitachi XiRUTE

28. ®XBRLTaxonomyXBRLTaxonomy XBRL-GL Taxonomy XBRL Taxonomy Company Custom Jp-commerce Core USK Business Multi-Currency Hitachi ERP Package GEMPLANET/Lite XBRL Output XBRL-GL Output ERPPackageERPPackage F/S Instance Journal Slip Instance Beginning Balance InstanceXBRLInstanceXBRLInstance Link Balance Instance PresentationPresentation Financial Analysis All Rights Reserved Copyright© 2002,Hitachi,Ltd. ／ Hitachi Systems & Services,Ltd Generate General Ledger Generate F/S drill down Balance Sheet Income Statement ROE,ROA and other financial ratio Detail Information (Segment/Accoun t) Generate Presentation Information from XBRL- Taxonomy XBRL Taxonomy

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33. ® Thanks to CaseWare IDEA

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38. ® XBRL GL and External Reporting Walter Hamscher (walter@hamscher.com)walter@hamscher.com Vice Chair, XBRL International Consultant to PricewaterhouseCoopers

39. ® Summary  The Business Reporting Supply-Chain  GL for External Reporting  Purposes of Internal Reporting  Reporting as Pivoting  Directions

40. ® Abstract (Duration: 30 minutes)  Automation of the business reporting supply chain will benefit all participants, but most of the information content of that supply chain resides inside of organizations, and only a tiny subset is released to the outside world. With the release of GL 2005, an XBRL taxonomy for recording ledger entries, we will soon have the tools in hand to accelerate the integration of disparate systems inside of companies and government agencies large and small. This talk will illustrate ways in which GL 2005 instances could be used in the preparation of external reports.