Tying XBRL GL to FR: XBRL mappings, transformations and queries across the reporting supply chain
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Transcript of Tying XBRL GL to FR: XBRL mappings, transformations and queries across the reporting supply chain
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Tying XBRL GL to FR: XBRL mappings, transformations and queries across the reporting supply chainThomas Klement, XBRL Germany, [email protected] Schmitt, IASCF, [email protected]
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Agenda• Introduction• Scenario• Domain issues• Technical issues• Mapping and query basics• Evaluation results
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Current situation“Gap between financial reporting information and originating data sources” The reasons are
– High degree of aggregation versus bulk data– Complex processing rules – Heterogeneous data models– Various data exchange formats– Few experience with use of standards
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Objective• How can standards help bridging the gap?
– Existing XML standards– Upcoming XBRL standards
• What standards are needed?– XBRL import/export– Validity checking– Inter-XBRL mapping– XBRL Transformation– XBRL querying
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XBRL Capabilities ─ Scenario: Corporate Group Reporting
XBRL GL
DimensionalTaxonomy
internalFR Taxonomy
externalFR Taxonomy
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Will XBRL Become an Enabling Technology for Backwards Discovery?
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What standards are available?
• XBRL– XBRL FR– Dimensional
Taxonomies– XBRL GL– Formulas– Generic Linkbases
• XML– SQL/XML– XML for Analysis– XPath– XSLT– XQuery
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Example: Storage, Processing and Transition
GL FR FR
ERP XML DB
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Main problems • Cross-system transitions• Bi-directional mappings
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Makes Consolidation Bi-directional Mappings Impossible?
• Individual company closing– Period initialisation– Carry-over– Compilation– Validation– Reconciliation– Allocation– Reclassification– Currency conversion– Validation
• Concolidated financial statement– Changes of consolidation
scope– Elimination of inter-company
profit and loss– Group summation– Reclassification– Consolidation of investments– Validation
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Transition Approach and Evaluation Results
For further information check
http://www.xbrlopen.org/abra/xbrltransitions.pdf