Current Status Ireland

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Current Status - Ireland

• Theresa Fitzpatrick
• Companies Registration Office

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Introduction

• XBRL Ireland
• GAAP Taxonomy
• Rendering
• Pilot Project Liquidators Returns
• Taxonomy Proof and Management

3
XBRL Ireland

• Consultancy early 2003
• XBRL Ireland established
• Joined XBRL International
• Business Reporting Ireland Ltd 27 Jan 2004
• Steering Committee
• Domain Group
• Marcom
• Vice Chair of XBRL International December 2006

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Membership

• AccentureCentral Statistics OfficeCompanies
  Registration OfficeDeloitteErnst
  YoungFarrell Grant SparksFujitsu IrelandThe
  Institute of Chartered Accountants in IrelandThe
  Irish Bankers FederationKPMGMazarsMicrosoftPri
  cewaterhouseCoopersThe Revenue
  CommissionersREACH

5
Taxonomy

• Domain Group
• PWC, KPMG, Fujitsu
• Acknowledged 1 November 2005
• Support from Reach e-Broker

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Current Difficulties

• How to encourage who will enable?
• Rendering as an image
• How to sign
• Managing the taxonomy

7
Liquidators returns

• Rendering Proof of Concept
• Target audience top 10 file 80
• 60 returns output from the same software package
• Backing of the Insolvency Practitioners

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E4/23 23v1.doc
E5/14 14.doc
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Pilot Project Deliverables

• An XBRL taxonomy defining each of the two forms
• Guidance notes for those preparing instance
  documents covering the use of context
• Two sample instance documents for each of the
  forms
• A mechanism to view XBRL instances

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Liquidator Form Pilot File Index
Taxonomy
Instances
XSL2HTML
Instance
CROXML2PDF
Workings
X S L
X S L
form13
form13S
form13S
form13
form13H
form13H
form13H
common
form13H
form13H
X S L
X S L
form14
form14
form14
form14
form14
PwC
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• What Now?

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Rendering

• Two Products Using Presentation Linkbase
• Lot of Work needed to Prove
• Need Up to Date Taxonomy
• Need to Manage the Taxonomy

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Who Will Manage?

• Who Manages the GAAP?
• Just an Extension of that Management?