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  XBRL	
  for	
  Nonprofit	
  Financials	
  
 Maryland Association of CPAs
Maryland	
  AssociaHon	
  of	
  CPAs	
  
	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  	
  
   • 8,500	
  CPA	
  members	
  
   • $6.5	
  million	
  budget	
  
   • 34	
  employees	
  
What	
  Intrigued	
  us?	
  

• Global	
  Ledger	
  
• BoJom	
  up	
  approach	
  
•  Free 	
  the	
  data	
  
• Faster	
  informaHon	
  
Why	
  is	
  this	
  important	
  to	
  CPAs?	
  

• It	
  will	
  change	
  how	
  they	
  work!	
  
• Less	
  compiling	
  
• More	
  analysis	
  and	
  interpretaHon	
  
IniHal	
  work	
  on	
  XBRL
                                    	
  

•  Mapping	
  was	
  a	
  challenge	
  
•  Non-­‐Profits	
  need	
  their	
  own	
  taxonomy	
  
•  XBRL	
  would	
  be	
  beneficial	
  in	
  the	
  non-­‐
   profit	
  community	
  
Recent	
  XBRL	
  work…...
                             	
  
•  Tagged	
  at	
  the	
  transacHon	
  level	
  
•  Tagged	
  our	
  membership	
  database	
  &	
  
   Dynamics	
  
•  Pulled	
  from	
  both	
  to	
  populate	
  reports	
  
•  Drill	
  down	
  capability	
  
•  Faster	
  informaHon	
  
Global	
  Ledger	
  Savings?	
  

•  Difficult	
  to	
  quanHfy	
  
•  More	
  detail	
  
•  Faster	
  
•  AutomaHon	
  
•  Deeper	
  informaHon	
  
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	
  
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	
  
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.	
  
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	
  
AM.Net	
  to	
  XBRL	
  GL
                                    	
  
	
  	
  
Dynamics	
  to	
  XBRL	
  GL
                           	
  
AccounHng	
  Data	
  Dynamics
                                  	
  
Microsoc	
  Dynamics	
  
AccounHng	
  Data	
  
Associa'on	
  Management	
  Database	
  
XBRL	
  GL	
  Data	
  
Excel	
  XML	
  Import
                     	
  
Financial	
  Scoreboard	
  Graph	
  
Audit	
  Worksheet	
  Budget	
  vs.	
  Actual
                                            	
  
Drill	
  Down	
  Internal	
  Statements
                                      	
  
Drill	
  Down	
  Internal	
  Statements
                                         	
  
2nd	
  Level	
  Down	
  
Drill	
  Down	
  Internal	
  Statements
                                         	
  
Third	
  Level	
  
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	
  
Where	
  are	
  we	
  going?	
  

•  Non-­‐profit	
  taxonomy	
  
•  Form	
  990	
  populaHon	
  
•  SBR	
  in	
  Maryland?	
  
•  Direct	
  Cash	
  Flow	
  Statement	
  -­‐	
  With	
  drill	
  down	
  
•  Salesforce.com	
  
•  Sharing	
  data	
  
Consider	
  Global	
  Ledger
                           	
  
Set	
  Your	
  Data	
  Free!
                           	
  




             Copyright	
  Paramount	
  Pictures	
  
Thanks	
  to…….
                                  	
  

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

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MACPA Case Study @ XBRL US - Falatko & Hood

  • 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      
  • 14. AccounHng  Data  Dynamics   Microsoc  Dynamics  
  • 15. AccounHng  Data   Associa'on  Management  Database  
  • 19. Audit  Worksheet  Budget  vs.  Actual  
  • 20. Drill  Down  Internal  Statements  
  • 21. Drill  Down  Internal  Statements   2nd  Level  Down  
  • 22. Drill  Down  Internal  Statements   Third  Level  
  • 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   •  Form  990  populaHon   •  SBR  in  Maryland?   •  Direct  Cash  Flow  Statement  -­‐  With  drill  down   •  Salesforce.com   •  Sharing  data  
  • 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. 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