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Analytical Tools ShowcaseConsumer Track: October 16th 2008Consumer Track: October 16 , 2008
18th XBRL International ConferenceWashington, DC
Moderator: Diane MuellerModerator: Diane Mueller,
VP, XBRL Development JustSystems
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http://na.justsystems.com/xbrl_blog+1.604.765.3635
Panelists• Diane Mueller JustsystemsDiane Mueller, Justsystems• Elias John Kies, EDGAR-Online• Jaideep Shah Fujitsu• Jaideep Shah, Fujitsu• Sriram Krishnamurthy, Oracle
St L i UBM t i• Steve Levine, UBMatrix• Chie Mitsui, Nomura Research
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Today’s OutlineToday s Outline• XBRL changes the game
– Overview– Showcase of current applications– Japan
• What’s next? What’s missing?g– Q&A
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XBRL in SEC’s EDGAR
4http://216.241.101.197/viewer
What is “XBRL”?D fi th t h i l t d d f thDefines the technical standard for the composition of XBRL Taxonomies
Defines a set of data tags in a certain
XBRL-Specification
XBRL- Taxonomybusiness reporting area (i.e. US GAAP, IAS)
“Output” from tagging data using one or more taxonomiesXBRL- Instance
XBRL Taxonomy
XBRL- Applications Software that uses “tagged” data & it’s associated metadatafor presentation, analytics, etc.
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for presentation, analytics, etc.
Labelb lLabelГроші та їх еквіваленти
Standardization LabelCash & Cash Equivalents
LabelComptant et Comptant
Equivalents
LabelGeld & Geld nahe Mittel
LabelKas en Geldmiddelen
Label现金与现金等价物
Label現金及び現金等価物
LabelДеньги и их эквиваленты
How doesXBRL
k
PresentationcashCashEquivalentsAndS
hortTermInvestments
ReferencesGAAP I.2.(a)Instructions
Ad Hoc disclosures
XBRLXMLXBRLmakea
Difference? CalculationF l
XBRLItemXMLItem
XBRLItem
Cash = Currency + Deposits
FormulasCash ≥ 0
ContextsUS $
FY2004
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ValidationFY2004
Budgeted
CVaS
AggVAn
Pureatin
lidati
Storin
regati
iewing
nalyzi
blishi Financial Content Lifecycleng
Cont
ing
Co
g
Cont
ing
Co
g
Cont
ng
Con
ing
Co
Financial Content Lifecycle
tent
ntent
tent
ntent
ent
ntent
ntent
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Insert Oracle logo
• Regulatory Filings– 10Q, 10K, 8K…..
• Annual Reports• Annual Reports• Investor Relations
8Phase 1: Integrating information from reports into documents or filings
Progression of Tools Development• Taxonomy Tools • HistoricalTaxonomy Tools
– Designers– Collaboration
Historical• Versioning• Formulas
• Instance Creation– Taggers– Viewers/Reviewers
• Canonical Rendering• Interactive Viewing
• Mapping Extensions• Comparison
• Multi-dimensional • Business Intelligence
9Tools Development is Market-Driven
Evolution?
http://www.facebook.com/n/?inbox/readmessage.php&t=1007181373516http://findarticles.com/p/articles/mi_m0EIN/is_2005_Sept_12/ai_n15383275
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• Multi-Dimensional• Dynamic• Interactive
A th it ti• Authoritative• Connected
11Phase 2: Interacting with information
• Insert selecting accounting elements• Insert selecting accounting elements screenshot
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• Insert choosing multidimensional• Insert choosing multidimensional screenshot
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Interactive
Multi-dimensional
Viewing
of complex
XBRL reports
for
Reviewers,
Analysts &
Auditors
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About EDGAR Online Inc (NASDAQ:EDGR)About EDGAR Online Inc (NASDAQ:EDGR)• First company in the US to publish SEC filings on the internet (1996)• Evolved from publishing documents to publishing documents, data, analysisEvolved from publishing documents to publishing documents, data, analysis
tools• Over 70mm page views of our information per year (provider of data to
Yahoo, Google, and many other internet portals and businesses).• Early pioneer in XBRL community• Largest database in the world of public company XBRL data
– US - 10 years of history of 12,000 companies– International – China, Korea, Japan, India
• 10s of thousands of users including: investment funds, asset management firms, insurance companies, banks, stock exchanges, government
i ti fi l fi ti d i di id l i t
16© 2008 EDGAR Online, Proprietary
and Confidential - October 21, 2008
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agencies, accounting firms, law firms, corporations and individual investors.
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Model Library and Custom Models
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Foreign XBRL DataForeign XBRL DataChina, Korea, India, and Japan datasets available
19Shanghai Exchange
Advanced Screening20
Advanced Screening
Oracle Business IntelligenceOracle Business Intelligence
Steve Levine ([email protected])
Mark Drake (mark drake@oracle com)Mark Drake ([email protected])Sriram Krishnamurthy (Sriram.Krishnamurthy @oracle.com)
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Introducing UBmatrix & Oracle• UBmatrix
– Technology• First to support key XBRL technologies• Contributor to key taxonomies
P d t– Products• Taxonomy Designer • XBRL Processing Engine• Report Builder • Enterprise Application Suite• Packaged solutions for COREP/FINREP & SEC VFP
Customers– Customers• The largest XBRL systems use UBmatrix
• OracleEverybody knows Oracle
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– Everybody knows Oracle
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UBmatrix Company Confidential
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UBmatrix Company Confidential
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UBmatrix Company Confidential
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UBmatrix Company Confidential
F jits Anal tics CapabilitiesFujitsu – Analytics Capabilities• Instance Dashboard• Instance Dashboard
– Compare instance documents with same base taxonomy
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Fujitsu – Publishing CapabilitiesFujitsu Publishing Capabilities<ix:nonFraction ix:name="us-gaap:SalesRevenueNet" contextRef="d-2007" unitRef="usd" decimals="-6" ix:format="commadot"
• HTML, Inline XBRL, XBRLix:format commadot ix:scale="6">24,462</ix:nonFraction>
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Fujitsu – Mapping Capabilities• Instance Mapping• Instance Mapping
– Converts instances from one taxonomy (all elements) into instance of another taxonomytaxonomy
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Search condition Web ApplicationSearch condition definition screen
XML datarepository
Web Application
XBRL Taxonomy
(1)
Automatic generation of
search condition definition screen
SalesCostProfit
InstanceData
(2) Search condition (3)Query
generation
definition screenProfit
Value Condition
C i(5) Search Results (4) Search(6) Comparison
Conversionto HTML
XWandShunsaku
Comparisons
SalesCost
Entity A B C D
Specialized Searching• XML based repository for fast searching of
XWandProfit
Individual dataEntity : ASales: US$......Cost: US$
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XBRL data• No need to convert XBRL – search “as-is”
Cost: US$......Profit: US$......
Where’s the XBRL Data in Japan?Where s the XBRL Data in Japan?
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PresentationPresentation
company information
consolidated
non-consolidated
foot note
34XBRL for the Earning Digest in TDnet
XBRL Vendors in Japan Market• JustSystems• JustSystems• Hitachi• Fujitsu
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S l t t ti
JustSystems
Select presentation
Select contextJustSystems
Delivers
Instance C ti &Creation &
ViewingSelect Accounting Elements
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R i d f t1Q report
Revised forecast
forecast
37Forecast Data from TDNET
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Hitachi Delivers Forecasting & Analysis
HitachiHitachi
Delivers
Comparison
&
Analysis
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Hitachi
A company C company D company E company
Hitachi
Delivers
Comparison
&
Analysis
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Fujitsu Delivers a full range of Tools from Taxonomy development to Instance Creation to Publishing
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Fujitsu Delivers a full range of Tools from Taxonomy development to Instance Creation to Publishing
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Fujitsu Delivers a full range of Tools from Taxonomy development to Instance Creation to Publishing
What’s Next? What’s Missing?What s Next? What s Missing?
Q&A Session
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Thank you!Thank you!
Diane Mueller, [email protected]
htt // j t t / b l blhttp://na.justsystems.com/xbrl_blog+1.604.765.3635
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