macpa's xbrl project

Post on 22-Jan-2015

1.273 Views

Category:

Business

0 Downloads

Preview:

Click to see full reader

DESCRIPTION

MACPA's XBRL Project includes tagging our financial reporting dtata to XBRL GL and using that to populate KPI analysis speadsheets. Next steps include mapping to GAAP taxonomy, creating non-profit extensions, and possibly transmitting to govt'

TRANSCRIPT

MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS

MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS

XBRL ProjectXBRL Project

Skip Falatko, CPA – Director of FinanceThomas Hood – Accounting Student Intern

Our GoalsOur Goals

Learn about XBRLTake the mystery out of XBRLLeverage XBRL in our organizationShowcase XBRL to our members & NPOsMaryland Adoption

Learn about XBRLTake the mystery out of XBRLLeverage XBRL in our organizationShowcase XBRL to our members & NPOsMaryland Adoption

Data Flow - XBRLData Flow - XBRL

Dynamics ViewDynamics View

Altova MappingAltova Mapping

GL OutputGL Output

GAAP TaxonomyGAAP Taxonomy

Data Entry for KPIsData Entry for KPIs

MACPA KPIsMACPA KPIs

What we’ve learned so far…..What we’ve learned so far…..

XBRL can improve accountability and disclosureNon-Profits need their own taxonomyGlobal GL (ubiquitous XBRL) could do

for accounting/taxation what bar codes did for retail

XBRL can improve accountability and disclosureNon-Profits need their own taxonomyGlobal GL (ubiquitous XBRL) could do

for accounting/taxation what bar codes did for retail

Resources:Resources:

xbrl.usXbrlfordummies.comWired Magazine February 23, 2009http://www.cpasuccess.com/xbrl

xbrl.usXbrlfordummies.comWired Magazine February 23, 2009http://www.cpasuccess.com/xbrl

For more information – contact Skip Falatko skip@macpa.org

top related