3. What
Intrigued
us?
• Global
Ledger
• BoJom
up
approach
• Free
the
data
• Faster
informaHon
4. Why
is
this
important
to
CPAs?
• It
will
change
how
they
work!
• Less
compiling
• More
analysis
and
interpretaHon
5. IniHal
work
on
XBRL
• Mapping
was
a
challenge
• Non-‐Profits
need
their
own
taxonomy
• XBRL
would
be
beneficial
in
the
non-‐
profit
community
6. Recent
XBRL
work…...
• Tagged
at
the
transacHon
level
• Tagged
our
membership
database
&
Dynamics
• Pulled
from
both
to
populate
reports
• Drill
down
capability
• Faster
informaHon
7. Global
Ledger
Savings?
• Difficult
to
quanHfy
• More
detail
• Faster
• AutomaHon
• Deeper
informaHon
8. Technical
Overview
• Map
accounHng
data
to
XBRL
Global
Ledger
Taxonomy
• Use
Dynamics
and
Am.Net
• Use
Excel
data
import
for
KPI
analysis,
other
apps
• UHlize
Global
Ledger
data
to
automate
internal
financial
reporHng
process
–
KPIs,
Audit,
Freedom
of
Data
9. MACPA s
AccounHng
System
• Membership
database
–
• Microsoc
Dynamics
AM.Net
– Accruals
– A/R
– Budgets
– A/P
– FRX
Reports
– Event
Data
– No
Accruals
accounted
for
in
reports
10. Disconnects/Fix
• AccounHng
Systems
• XBRL
Global
Ledger!
Don t
talk
to
each
other
• AlternaHve
soluHon:
• Staff
require
different
– Give
Dynamics
and
Am.Net
data
sets
an
UlHmatum:
Stop
ignoring
each
other
or
we
• Are
the
numbers
right
–
are
switching
to
manual
process
response
QuickBooks
unHl
they
start
behaving.
11. Mapping
• Altova
Mapforce
• IdenHfy
correct
informaHon
–
tables
in
DB
• Use
SQL
to
retrieve
relevant
data
• AccounHng
Data
to
XBRL
GL
Taxonomy
• Process
XBRL
GL
Data
using
SQL
• Create
batch
files
to
update
instance
documents
23. Global
Ledger
Benefits?
• Faster
movement
of
data
• Reduced
manual
effort
• ReducHon
of
errors
• Comparability
across
other
organizaHons
• Deeper
analysis
– TransacHon
level
detail
availability
– Annual,
Quarterly,
Monthly
for
past
11
years
of
data
24. Where
are
we
going?
• Non-‐profit
taxonomy
• Graphic
representaHon
• Form
990
populaHon
• SBR
in
Maryland?
• Direct
Cash
Flow
Statement
-‐
With
drill
down
• Salesforce.com
• Sharing
data
27. Thanks
to…….
• Eric
Cohen
–
PwC
• Mike
Willis
–
PwC
• Tara
LeFave
–
Altova
• Beth
O Brien
-‐
Altova
• Taylor
Hawes
–
Microsoc
• Chethan
Gorur
–
Trintech
28. More
XBRL
resources
from
MACPA
• Our
blog
CPA
Success
– hJp://www.cpasuccess.com/XBRL
• Our
podcasts
– hJp://www.macpa.org
• Our
XBRL
webcasts
in
our
learning
center
– hJp://www.macpa.org/Content/23333.aspx
• Case
study
on-‐line
hJp://www.cpasuccess.com/2011/06/macpa-‐and-‐xbrl-‐a-‐
small-‐biz-‐case-‐study.html