Frankfurt, .

XII BEST PRACTICES BOARD An Update

IAN HICKS, CHAIRMAN BPB

AGENDA

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Introduction to the board and Task Forces

Guidance website – an update Look at the website

Recent publications

Coming soon

ESDTF update

LIXTF update

How can the Eurofiling Community support BPB

Filing Rules Working Group update

THE BOARD

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Meiling Liu

Eric Jarry

Carol Baskey

Maria Mora Ian Hicks

Revathy Ramanan

Brad Monterio

Gianluca Garbellotto

XII STAFF- AN APPRECIATION

BPB and its task forces would not be able to operate without the help and support of the XII staff and we’d like to express our thanks for the ongoing support from:

KarineWinfield

John Turner

Paul Warren

Angela Rose

BEST PRACTICES TASK FORCES

Best Practices

Board

Taxonomy

Architecture Task

Force

Implementation

Guidance Task

Force

Entity Specific

Disclosure Task

Force

Legal Entity

Identifier

Working Group

Filing Rules

Working Group

GUIDANCE

Guidance Website is at xbrl.org/guidance

Aimed at regulators implementing xbrl reporting for the first time.

Divided into 4 main categories:

-prepare and plan

-design and develop

-manage and maintain

- create and consume

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GUIDANCEEach category has a series of sub-categories that link to specific topics or content.

Content can be articles, case studies, presentations

Articles are produced by Task Forces in the main

Reviewed and approved by BPB for publication

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UPDATESXBRL Glossary:

Search for “glossary” on guidance pages

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UPDATES: COMING SOON

ASSERTIONS SEVERITY ARTICLE

TAXONOMY MAINTENANCE ARTICLES

SUPPORT FOR GOING LIVE ARTICLE

MODELLING MULTPLE PARTIES GUIDANCE

HANDLING POSITIVE AND NEGATIVE VALUES

.....ENHANCEMENTS TO WEBSITE TO IMPROVE FLOW AND UNDERSTANDING

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ESDTF

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Aims to improve the way entity-specific disclosures (ESD) are included in XBRL Reports

Joint-chairs Andromeda Wood (formerly, IFRS Foundation) and Louis Matherne (FASB)

ESD TF DISCUSSION DOCUMENTGuidance for reporting that

is not completely

covered by a public

taxonomy

Enabler for automated

processing of returns

How ESD are used and what they

represent

Business requirements for working with ESD

Recommendations for improving

representation of ESD in XBRLAnalysis includes requirements,

reporting scenarios and detailed use cases

ESD TF RECOMMENDATIONS

Use Inline XBRL to provide the

overall reporting context

Ensure tagged ESD are

provided with a base taxonomy

relationship

Where permissible, use calculation tree

for use with ESD ………

……. But this does not provide for full automation solution

LIX WG UPDATE

Draft Taxonomy Issued for Review

The LIXWG has voted to publish, as a draft, a taxonomy for Legal Entity Identifiers.

This very simple taxonomy contains a single data type, a single concept and a handful of formula rules.

The taxonomy can be found, as a taxonomy package, here:

https://xbrl.app.box.com/files/0/f/24082607656/WGWD-2016-04-13

FILING RULES WORKING GROUP

Our most recent Working Group

More from Eric on the work of this group.

HOW CAN YOU HELP?

BPB and Task Forces are seeking volunteers to:

- contribute to working groups and tsk forces

-review published content

- suggest topics or stories for guidance

Contact any of the BPB here at Frankfurt or email: bpb@xbrl.org

Frankfurt, .

XII BEST PRACTICES BOARD An Update

IAN HICKS, CHAIRMAN BPB