Leveragingthe XBRL Consortium

J. Louis Matherne

President, XBRL InternationalDirector – Business Assurance & Advisory Services, AICPA

Why are we here?

To help build a foundation that enables the reengineer of business reporting

That foundation is the standard we call

Why is a consortium needed?

Members collaborate on standards …

Standards are built through collaboration and consensus

…but compete on applications

Members make 3 Investments in XBRL

Financial

Collaborate on standards and adoption

Build XBRLinto products / services

Benefits of Membership

Substantial technical and networking value Full supply chain community Influence the development and adoption of

XBRL Gain time to market advantage Position your company as an innovator

So how do you leverage your investment in the XBRL consortium to our best advantage?

Scope and role of XBRL

ExternalFinancialReporting

BusinessOperations

InternalFinancialReporting

Investment,Lending,

RegulationProcesses Economic

Policymaking

Participants

AuditorsTradingPartners

Investors

FinancialPublishersand Data

Aggregators

Regulators

Software Vendors

ManagementAccountants

Companies CentralBanks

XBRLXBRLXBRLXBRL XBRLXBRLXBRLXBRL

Scope and role of XBRL

ExternalFinancialReporting

BusinessOperations

InternalFinancialReporting

Investment,Lending,

RegulationProcesses Economic

Policymaking

Participants

AuditorsTradingPartners

Investors

FinancialPublishersand Data

Aggregators

Regulators

Software Vendors

ManagementAccountants

Companies CentralBanks

XBRLXBRLXBRLXBRL XBRLXBRLXBRLXBRL

Collaboration is KEY!!!

XBRL International is a non-profit consortium

Manage the royalty-free intellectual property Facilitate knowledge sharing among members Provide a framework for further development

Japan

UnitedStates

Australia

Spain

Ireland

GermanyCanada

UnitedKingdom

IASB

China

Sweden

Denmark

Switzerland

Netherlands

NewZealand

Brazil South Africa

Korea

Colombia

Argentina

Singapore

International Steering CommitteeChair

International Steering CommitteeChair

Sitting Members

* Standing

CACA

AUAU

IASB*IASB*

NLNL

USUS

UKUK

NZNZ

DEDE

Board of Trustees

Jurisdictions1st Vice Chair

1st Vice Chair

XBRL ManagementPresident

Operations Manager

XBRL ManagementPresident

Operations Manager

Preparer, PrivatePreparer, Private

AcademicAcademic

Software & ServicesSoftware & Services

AccountingAccounting

IntermediariesIntermediaries

RegulatorsRegulators

Analyst Analyst

Investor/CreditorInvestor/Creditor

Preparer, PublicPreparer, Public

Supply ChainCommunities 2nd VC

2nd VC

Finance/Audit Committee

Nominating Committee

Executive CommitteeExecutive Committee

1st1st

At Large ISC Representatives

2nd2nd

3rd3rd

4th4th

Credit Risk Assessment

Domain

General Ledger

Marketing & Comm.

Specification

Research & GrantsResearch & Grants

Basel IIBasel II

International Working Groups

Members

JP

Provisional

Spain

Korea

IrelandTaxation

Taxation

ExchangesExchanges

International Steering CommitteeChair

International Steering CommitteeChair

Sitting Members

* Standing

CACA

AUAU

IASB*IASB*

NLNL

USUS

UKUK

NZNZ

DEDE

Board of Trustees

Jurisdictions1st Vice Chair

1st Vice Chair

XBRL ManagementPresident

Operations Manager

XBRL ManagementPresident

Operations Manager

Preparer, PrivatePreparer, Private

AcademicAcademic

Software & ServicesSoftware & Services

AccountingAccounting

IntermediariesIntermediaries

RegulatorsRegulators

Analyst Analyst

Investor/CreditorInvestor/Creditor

Preparer, PublicPreparer, Public

Supply ChainCommunities 2nd VC

2nd VC

Finance/Audit Committee

Nominating Committee

Executive CommitteeExecutive Committee

1st1st

At Large ISC Representatives

2nd2nd

3rd3rd

4th4th

Credit Risk Assessment

Domain

General Ledger

Marketing & Comm.

Specification

Research & GrantsResearch & Grants

Basel IIBasel II

International Working Groups

Members

JP

Provisional

Spain

Korea

IrelandTaxation

Taxation

ExchangesExchanges

Houseof

RepresentativesSenate

Preparer, Private SectorPreparer, Private Sector

AcademicAcademic

Software & ServicesSoftware & Services

AccountingAccounting

IntermediariesIntermediaries

Investors/CreditorsInvestors/Creditors

Analyst Analyst

RegulatorsRegulators

Preparers, Public SectorPreparers, Public Sector

Supply ChainCommunities 2nd VC

2nd VC

XBRL International Governance & Operational Structure

Supply Chain Community (SCC) represents a functional area in, or supporting, the business reporting process. It facilitates international activities, collaboration and sharing expertise across borders.

Supply Chain Community members

•Members of an established Jurisdiction•Individuals who participate in the working party of a Provisional Jurisdiction

XBRL U.S. Structure

XBRL U.S.Steering Committee

Domain

Working Group

Adoption

Working Group

XBRL Int.Steering Committee

XBRL U.S. Structure

• Set strategy & priorities for US

• Oversee US working group activities

• Oversees US Budget and Finances

• Set US policies

• Outline Expected Commitments from Members

• Oversight of US Portion of XBRL Website

• Identify issues to be raised to XBRL Int.

XBRL U.S.Steering Committee

XBRL Int.Steering Committee

What you can do? Attend meetings Participate

Take responsibility Communicate

E-groups (XBRL-INT, XBRL-jur, XBRL-public, etc.) Instructions for posting [TOOLS], [GEN], itd. Keep postings to PUBLIC issues (“Hi Mom!”)

Use and post to www.xbrl.org

Look for opportunities in and outside XBRL

Promote XBRL in your community

Leveragingthe XBRL Consortium

J. Louis Matherne

President, XBRL InternationalDirector – Business Assurance & Advisory Services, AICPA