MACPA's XBRL Project

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MACPA's XBRL Project includes tagging our financial reporting dtata to XBRL GL and using that to populate KPI analysis speadsheets. Next steps include mapping to GAAP taxonomy, creating non-profit extensions, and possibly transmitting to govt'

Business

MARYLAND ASSOCIATION OF
CERTIFIED PUBLIC ACCOUNTANTS

XBRL Project

Skip Falatko, CPA – Director of Finance
Thomas Hood – Accounting Student Intern

Our Goals

Learn about XBRL
Take the mystery out of XBRL
Leverage XBRL in our organization
Showcase XBRL to our members & NPOs
Maryland Adoption

What we’ve learned so far…..

XBRL can improve accountability and
disclosure
Non-Profits need their own taxonomy
Global GL (ubiquitous XBRL) could do
for accounting/taxation what bar codes
did for retail

Resources:

xbrl.us
Xbrlfordummies.com
Wired Magazine February 23, 2009
http://www.cpasuccess.com/xbrl

For more information – contact Skip Falatko skip@macpa.org

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