1.
XBRL
for
Nonprofit
Financials
Maryland Association of CPAs

2. Maryland
AssociaHon
of
CPAs
• 8,500
CPA
members
• $6.5
million
budget
• 34
employees

3. What
Intrigued
us?
• Global
Ledger
• BoJom
up
approach
• Free
the
data
• Faster
informaHon

4. Why
is
this
important
to
CPAs?
• It
will
change
how
they
work!
• Less
compiling
• More
analysis
and
interpretaHon

5. IniHal
work
on
XBRL
• Mapping
was
a
challenge
• Non-­‐Profits
need
their
own
taxonomy
• XBRL
would
be
beneficial
in
the
non-­‐
profit
community

6. Recent
XBRL
work…...
• Tagged
at
the
transacHon
level
• Tagged
our
membership
database
&
Dynamics
• Pulled
from
both
to
populate
reports
• Drill
down
capability
• Faster
informaHon

7. Global
Ledger
Savings?
• Difficult
to
quanHfy
• More
detail
• Faster
• AutomaHon
• Deeper
informaHon

8. Technical
Overview
• Map
accounHng
data
to
XBRL
Global
Ledger
Taxonomy
• Use
Dynamics
and
Am.Net
• Use
Excel
data
import
for
KPI
analysis,
other
apps
• UHlize
Global
Ledger
data
to
automate
internal
financial
reporHng
process
–
KPIs,
Audit,
Freedom
of
Data

9. MACPA s
AccounHng
System
• Membership
database
–
• Microsoc
Dynamics
AM.Net
– Accruals
– A/R
– Budgets
– A/P
– FRX
Reports
– Event
Data
– No
Accruals
accounted
for
in
reports

10. Disconnects/Fix
• AccounHng
Systems
• XBRL
Global
Ledger!
Don t
talk
to
each
other
• AlternaHve
soluHon:
• Staff
require
different
– Give
Dynamics
and
Am.Net
data
sets
an
UlHmatum:
Stop
ignoring
each
other
or
we
• Are
the
numbers
right
–
are
switching
to
manual
process
response
QuickBooks
unHl
they
start
behaving.

11. Mapping
• Altova
Mapforce
• IdenHfy
correct
informaHon
–
tables
in
DB
• Use
SQL
to
retrieve
relevant
data
• AccounHng
Data
to
XBRL
GL
Taxonomy
• Process
XBRL
GL
Data
using
SQL
• Create
batch
files
to
update
instance
documents

12. AM.Net
to
XBRL
GL

13. Dynamics
to
XBRL
GL

14. AccounHng
Data
Dynamics

15. AccounHng
Data
AMNET

16. XBRL
GL
Data

17. Excel
XML
Import

18. Financial
Scoreboard
Graph

19. Audit
Worksheet
Budget
vs.
Actual

20. Drill
Down
Internal
Statements
OperaHng
Statement
–
Excel
Pivot
Table

21. Drill
Down
Internal
Statements
2nd
Level
Detail
–
Web
Expenses

22. Drill
Down
Internal
Statements
3rd
Level
Detail
–
Web
Expense

23. Global
Ledger
Benefits?
• Faster
movement
of
data
• Reduced
manual
effort
• ReducHon
of
errors
• Comparability
across
other
organizaHons
• Deeper
analysis
– TransacHon
level
detail
availability
– Annual,
Quarterly,
Monthly
for
past
11
years
of
data

24. Where
are
we
going?
• Non-­‐profit
taxonomy
• Graphic
representaHon
• Form
990
populaHon
• SBR
in
Maryland?
• Direct
Cash
Flow
Statement
-­‐
With
drill
down
• Salesforce.com
• Sharing
data

25. Consider
Global
Ledger

26. Set
Your
Data
Free!
Copyright
Paramount
Pictures

27. Thanks
to…….
• Eric
Cohen
–
PwC
• Mike
Willis
–
PwC
• Tara
LeFave
–
Altova
• Beth
O Brien
-­‐
Altova
• Taylor
Hawes
–
Microsoc
• Chethan
Gorur
–
Trintech

28. More
XBRL
resources
from
MACPA
• Our
blog
CPA
Success
– hJp://www.cpasuccess.com/XBRL
• Our
podcasts
– hJp://www.macpa.org
• Our
XBRL
webcasts
in
our
learning
center
– hJp://www.macpa.org/Content/23333.aspx
• Case
study
on-­‐line
hJp://www.cpasuccess.com/2011/06/macpa-­‐and-­‐xbrl-­‐a-­‐
small-­‐biz-­‐case-­‐study.html

29. Contact
info………
• Skip
Falatko
• Thomas
Hood
• skip@macpa.org
• jh55424@gulls.salisbury.edu
• Linkedin
hJp:// • Linkedin
www.linkedin.com/pub/skip-­‐ hJp://www.linkedin.com/pub/
falatko/4/14b/332
thomas-­‐hood/17/76a/5a1