Gri brazil focus point xbrl panel nov 26 2012 presented by liv watson final
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Transcript of Gri brazil focus point xbrl panel nov 26 2012 presented by liv watson final
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What is XBRL & GRI and XBRL
Presented By: Liv Apneseth WatsonFounding Member of XBRL Director of International Business Development, WebFilings
Nov 26, 2012
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About Liv Apneseth Watson
• Director Of International Business Development
Founding Member
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Agenda• What is XBRL?• GRI and XBRL.
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XBRL is the electronic
language for business
information exchange
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XBRL a 2007 Breakthrough Idea!Here Comes XBRL
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Looking at XBRL in Different Ways
• A freely available, market-driven, open, global standard for exchanging business information
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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.
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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
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Intelligent Machine Readable Data
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The Benefits
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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.
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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
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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]
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Liv A. WatsonDirector, InternationalBusiness [email protected]
www.webfilings.com
Author or contributing author to the following books:
Liv A. Watson