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Enhanced Business Reporting and XBRL. Bob Laux Director, Technical Accounting and Reporting Microsoft Corporation. What is Enhanced Business Reporting?. EBR is the right mix of easily accessible, high-quality information Add critical information not presently disclosed, i.e., enhancement

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Enhanced business reporting and xbrl

Enhanced Business Reportingand XBRL

Bob Laux

Director, Technical Accounting and Reporting

Microsoft Corporation


What is enhanced business reporting
What is Enhanced Business Reporting?

  • EBR is the right mix of easily accessible, high-quality information

    • Add critical information not presently disclosed, i.e., enhancement

    • Scale back stale or redundant disclosures, i.e., simplification

  • Enhancement

    • Voluntary guidelines for industry-specific value drivers and key performance indicators (KPIs)

    • A framework for disclosure of non-financial information, e.g., opportunities, risks, strategies and plans

  • Simplification

    • Stronger focus on quality of information, not quantity

    • Prepare and disseminate information using efficient and effective business processes


What is the ebr consortium
What is the EBR Consortium?

  • An independent, market-driven, international collaboration of investors, creditors, analysts, management, directors, regulatory agencies, standards setters, members of academia, and all other stakeholders


The ebr consortium will provide an opportunity for the users and providers of market capital to
The EBR Consortium will provide an opportunity for the users and providers of market capital to…

  • Demonstrate a commitment to hold themselves responsible and accountable for the quality of the information provided to the capital markets

  • Develop and present constructive proposals as a viable alternative to further regulation


Why do we need to enhance business reporting
Why do we need to "enhance" business reporting? and providers of market capital to…

  • Everyone needs better information…

    • Management needs better information to optimize allocation of resources–primarily capital, but also labor

    • Boards of directors need better information to provide the level of oversight that shareholders demand

    • Investors need better information to more efficiently and effectively allocate and price capital

    • Regulators need better information to ensure that the capital markets are functioning as efficiently and effectively as possible

  • The net result is a higher return on capital for society as a whole


Forming the ebr consortium
Forming the EBR Consortium and providers of market capital to…

  • 10-12 Strategic partners

  • 20-30 Charter members

  • Luminaries

  • Observers


Current ebr strategic partners
Current EBR Strategic Partners and providers of market capital to…

  • AICPA

  • Business Roundtable

  • Confederation of British Industry

  • International Chamber of Commerce

  • NACD

  • Nasdaq

  • National Investor Relations Institute

  • Open Compliance & Ethics Group

  • XBRL International


How do we make information more useful
How do we make information more useful? and providers of market capital to…

  • Enhanced Business Reporting provides a structure for enhanced business information

  • XBRL puts information in the hands of consumers at lower costs (both production and consumption)

  • XBRL provides an Internet-centric platform for EBR that delivers a powerful Return On Investment


How do we make information more useful1
How do we make information more useful? and providers of market capital to…

  • Enhanced Business Reporting is the what

  • XBRL is the how

  • The how enables better discussion about the what


Leadership and providers of market capital to…


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