gri brazil focus point xbrl panel nov 26 2012 presented by liv watson final
TRANSCRIPT
What is XBRL & GRI and XBRL
Presented By: Liv Apneseth WatsonFounding Member of XBRL Director of International Business Development, WebFilings
Nov 26, 2012
About Liv Apneseth Watson
• Director Of International Business Development
Founding Member
Agenda• What is XBRL?• GRI and XBRL.
XBRL is the electronic
language for business
information exchange
XBRL a 2007 Breakthrough Idea!Here Comes XBRL
Looking at XBRL in Different Ways
• A freely available, market-driven, open, global standard for exchanging business information
Looking at XBRL in Different Ways
• XBRL is a means of modeling the meaning of business information in a form comprehendible by computer applications
XBRL is a formal description of concepts, terms, and
relationships within a given knowledge domain.
Validation
Standardization
Adding Meaning to Electronic Data
CalculationCash = Currency +
DepositsFormulas
Cash ≥ 0Contexts
US $FY2004
Budgeted
LabelcashCashEquivalentsAndS
hortTermInvestments
ReferencesGAAP I.2.(a)Instructions
Ad Hoc disclosures
PresentationCash & Cash Equivalents
XBRLItemXBRLItem
PresentationComptant et Comptant
Equivalents
PresentationGeld & Geld nahe Mittel
PresentationKas en Geldmiddelen
Presentation现金与现金等价物
Presentation現金及び現金等価物
PresentationДеньги и их эквиваленты
PresentationГроші та їх еквіваленти
Intelligent Machine Readable Data
The Benefits
GRI and XBRL
Source: https://www.globalreporting.org/resourcelibrary/GRI-Taxonomy-Implementation-Guide-2012.pdf
The goal of this document is to
provide guidance to people
who use the GRI Taxonomy to either report
sustainability information or wish to receive it.
Different types of users of the GRI XBRL taxonomy
• Reporters: – Organizations who disclose their sustainability performance
• Filing agent: – Organizations creating a report on behalf of another organization
• Consumers: – Organizations that use information provided by reporters
• Extenders: – Organizations that create an XBRL taxonomy reusing the work done
by GRI• Regulators and governmental agencies:
– Organizations that adopt the GRI Taxonomy to define reporting requirements to be provided by filing organizations
• Software vendors: – Organizations that embed the GRI Taxonomy in their solutions
GRI’s XBRL Voluntary Filing Program
• GRI Taxonomy 2012 / G3. and G3.1.• GRI Taxonomy enables organizations to tag their
sustainability data in reports
For More Information Contact: [email protected]
Liv A. WatsonDirector, InternationalBusiness [email protected]
www.webfilings.com
Author or contributing author to the following books:
Liv A. Watson