semansys ppt layout master - eurofilingeurofiling.info/201411/presentations/20141126... · uniform...
TRANSCRIPT
![Page 1: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/1.jpg)
1-12-2014 XBRL 1
Semansys Technologies BV
Uniform Presentation
Paul Snijders
CEO Semansys Technologies
Vz Chair XBRL Netherlands
![Page 2: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/2.jpg)
This seems to be me
![Page 3: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/3.jpg)
Topics
ⱶ Introduction
ⱶ Uniform Presentation
ⱶ Audience
© Semansys Technologies BV
![Page 4: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/4.jpg)
Introduction
ⱶ Financial Statements are in XML/XBRL format
ⱶ XBRL is not human readable
ⱶ Auditor will have to provide assurance on XBRL
ⱶ The ‘True and fair’ view is crucial
© Semansys Technologies BV
![Page 5: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/5.jpg)
Why do we need it
ⱶ XBRL is only format for submission of statements (NO paper)
ⱶ Regulations mandates audits for large corporates
ⱶ Dutch Institute of Accountants, Central Bank and SBR demand
audits on XBRL filings
ⱶ Preparer AND auditor AND receiver need always same view
© Semansys Technologies BV
![Page 6: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/6.jpg)
Concept
How to ?
© Semansys Technologies BV
1. Uniform Presentation
2. ‘True and Fair’ View
3. For Gaap and any other
4. One size fit’s all
![Page 7: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/7.jpg)
Criteria for UP
ⱶ Works for ANY instance and ANY taxonomy
ⱶ Only based on XBRL ‘Recommended’ specifications
ⱶ Renders the whole truth and nothing but the truth
ⱶ ALL XBRL and XML data
ⱶ Can be applied by any application
© Semansys Technologies BV
![Page 8: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/8.jpg)
UPR’s : Uniform Presentation Rules
© Semansys Technologies BV
UPR’s
ⱶ Generic rules
ⱶ Tables
ⱶ Presentation
ⱶ Display groups
ⱶ Headers
ⱶ Period Sets
ⱶ Other XBRL data
ⱶ XML data
ⱶ Scaling
ⱶ Localisation
![Page 9: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/9.jpg)
Approach
ⱶ Introduction of Display groups
ⱶ 1st: Based on Table Linkbase
ⱶ 2ND Based on Presentation linkbases
ⱶ No other display structures (Definition/Calculation)
ⱶ All other data is : non presentable data
ⱶ ALL other XML data will also be shown
© Semansys Technologies BV
![Page 10: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/10.jpg)
Approach (2)
ⱶ No changes to Table or Presentation layouts allowed
ⱶ No ‘Own’ layouts,
ⱶ MUST follow order from UP
© Semansys Technologies BV
![Page 11: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/11.jpg)
Display group ordering
A. Display Group Report Information
B. Display Groups per entity
a) Display Groups for all tables
b) Display Groups for all presentation links
1) Period sets (begin, duration, end, recent period first )
© Semansys Technologies BV
![Page 12: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/12.jpg)
Display group ordering (2)
C. Display Group Footnotes (related to >1 fact)
D. Display Group non presentable facts
E. Display Group Other XBRL Data
a) Display not used Entry points, Contexts, Units
F. Display Group XML data
© Semansys Technologies BV
![Page 13: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/13.jpg)
Other topics
ⱶ Language based on instance (XML:Lang)
ⱶ Label priority (Standard, Preferred, ..)
ⱶ Localization allowed (Decimal separator)
ⱶ Scaling allowed (based on XBRL decimal attribute)
© Semansys Technologies BV
![Page 14: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/14.jpg)
Apply Uniform Presentation
ⱶ Identical result from any application
ⱶ One view for all filings
ⱶ A ‘must-have’ basis for any internal/external audit process
ⱶ Regulators can have appended FR-UP, Applied UP for domain
© Semansys Technologies BV
![Page 15: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/15.jpg)
Audience
xbrlOne Insight
Controllers, Auditors, Accountants
Preparers, Financial staff
Developers, IT staff, Testers
© Semansys Technologies BV
![Page 16: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/16.jpg)
Conclusion
ⱶ XBRL is very technical format
ⱶ Audit and Control is crucial for all
ⱶ Uniform Presentation is key for audits
ⱶ Works anywhere
© Semansys Technologies BV
![Page 17: Semansys PPT layout master - Eurofilingeurofiling.info/201411/presentations/20141126... · Uniform Presentation Paul Snijders CEO Semansys Technologies Vz Chair XBRL Netherlands](https://reader035.vdocuments.us/reader035/viewer/2022070916/5fb6dd6e8c179c4387118327/html5/thumbnails/17.jpg)
Thank you for your attention.
Paul Snijders.
ssdsad