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XBRL at Statistics Netherlands

XBRL at Statistics Netherlands. Why XBRL XBRL instance documents Taxonomies Combining taxonomies Pioneering in XBRL: XBRL projects at Statistics Netherlands. Reasons for XBRL. Reasons for XBRL. XBRL structure. Instance documents

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XBRL at Statistics Netherlands

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  1. XBRL at Statistics Netherlands • Why XBRL • XBRL • instance documents • Taxonomies • Combining taxonomies • Pioneering in XBRL: XBRL projects at Statistics Netherlands

  2. Reasons for XBRL

  3. Reasons for XBRL

  4. XBRL structure • Instance documents • XML filethat contains business reporting information as XBRL elements • Collection of administrative facts using tags from one or more taxonomies • Examples of instance documents include: • annual financial statement encoded in XBRL • file containing the figures from a company earnings release • file containing a large number of ledger transactions

  5. Instance

  6. Basic taxonomy structure

  7. IASB Primary Financial Statements (PFS)Taxonomy

  8. XBRL Taxonomies: relationships IASCF PFS IASCF EDAP Imports XBRL Global Common.Doc. National Extensions Sectoral Extensions National, sectoral Extensions Entity Instance Document Business Extensions

  9. Statistics Netherlands: Pioneer in XBRL • Solving the chicken-egg problem: demanding an XBRL-format • Opportunity: EMU-harmonisation of sub national governmental financial reporting • SN, Association of Waterboards and Semansys • Commitment from: • Software providers • Water boards • End of 1st Quarter of 2004: XBRL reporting

  10. Design issues • Naming conventions • Attributes: • Weight • Balance • Tuple/Item • Data type • (stock/flow, order) • Hierarchy • Definition, calculation, presentation

  11. Design issues • Representing matrices • Context designs • Using the Global Common Document

  12. XBRL at Statistics Netherlands:Municipalities and provinces • Same path as for Water Boards • Association of Municipalities very interested • Main software suppliers municipalities very interested • Plans on obliging XBRL-formatted quarterly financial reporting • Provinces interested (both in data collecting role as data providing role)

  13. Other XBRL developments at SN • Particpating in XBRL-NL taxonomy working group • Establishing/ describing overlap Statistical meta data – Dutch Taxonomy • Research project: using XBRL/GL for Statistical reporting • SAP?

  14. Other XBRL developments at SN (continued) • Standardized Electronic Statistical Reporting • Retail and catering branche • Brought together: • Statistics Netherlands • Administrative offices • Software suppliers • Branche associations • Branche members • Conclusion: pilot-project for yearly, maybe monthly reporting

  15. The future…. • XBRL version 2.1: possibility of creating classifications • Development of national taxonomies: coordination required: extensions taxonomies! • Linking XBRL-GL and XBRL-FR • XBRL imports • Monitoring retrieval process

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