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SBR Netherlands Taxonomy

SBR Netherlands Taxonomy. Meeting Omani Delegation September 10, 2012. SBR: multi domain and cross agency taxonomy. Single taxonomy framework. Authority Z. Company. Authority Y. Company. Company. request. Authority X. Company. Systems. Systems. XBRL report. XBRL report.

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SBR Netherlands Taxonomy

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  1. SBRNetherlands Taxonomy Meeting Omani Delegation September 10, 2012

  2. SBR: multi domain and cross agency taxonomy Single taxonomy framework Authority Z Company Authority Y Company Company request Authority X Company Systems Systems XBRL report XBRL report XBRL report Standard Business Reporting ProgramA Netherlands government initiative

  3. XBRL: 3 levels of standardization Taxonomy Taxonomy architecture XBRL specification Standard Business Reporting ProgramA Netherlands government initiative

  4. Taxonomy architecture • Because the XBRL spec. 2.1 is flexible you have many solutions for one problem • multi domain • multi agency • XBRL projects have different goals. We believe that taxonomy design should be based on our project goals. • glue the taxonomy pieces together • ‘plug and play’ new extensions Standard Business Reporting ProgramA Netherlands government initiative

  5. Netherlands Taxonomy has a layered structure reports domain specific national international Standard Business Reporting ProgramA Netherlands government initiative

  6. Core taxonomy and extensions are not static • Processes • Adding new domains • Normalization • Harmonization Standard Business Reporting ProgramA Netherlands government initiative

  7. SBR taxonomy building principles: hierarchy • The taxonomy is a proper representation of legislation and rules • Always choose the option that reduces the regulatory- and reporting burden for business • facilitate mapping • facilitate instance creation • Design (and modularize) the taxonomy to support use and re-use of elements and components • Architecture facilitates taxonomy maintenance with coherance and consistency • Comply with relevant established international ‘best practices Standard Business Reporting ProgramA Netherlands government initiative

  8. Legislation & Rules Financial Reporting GAAP European legislation Tax legislation Definitions Elements Financial Statement Tax filing Statistical filing Reports Standard Business Reporting ProgramA Netherlands government initiative

  9. Wrap up ... • The taxonomy is not about evolution, it’s intelligent design • The taxonomy reflects our legislation and rules • Its design is based on our project goals “You get the taxonomy you deserve” Standard Business Reporting ProgramA Netherlands government initiative

  10. Standard Business Reporting Program A Netherlands government initiative www.sbr-nl.nl info@sbr-nl.nl Sebastiaan Bal SBR Netherlands sebastiaan.bal@logius.nl Standard Business Reporting ProgramA Netherlands government initiative

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