Hot Topics: Inline XBRL 5:00 -5:30 Tuesday 26 October Inline XBRL for Dummies Andy Greener, Xmetric Ltd Eric E. Cohen, PwC Inline XBRL • - What is Inline XBRL - a brief technical and adoption guide – The Facts: What is Inline XBRL? – The Features • - What are its sweet spots ... and which do some find a little sour? – The Benefits – WIIFM • What do implementers need to know to use it and mitigate the risks (and receive the rewards)? – What else do you need to know? Getting Started Background on iXBRL The Facts: What is Inline XBRL? • A Specification that augments the XBRL Specification • Uses (X)HTML as the starting point to hold XBRL information • The rules for adding metadata to (X)HTML to define how visible (and hidden) information is transformed into XBRL instances Which is Easier? • Why create a rendering language for XBRL when you can create an XBRL-izing language for HTML? Some might object, noting that it is not “easier” if you are creating a competing “official” format for eFiling … even if it is able to produce XBRL instances. The Features • You start with your uncompromised HTML, and then provide, “behind the scenes”, everything necessary to create one or more XBRL instance documents – Preserve the producers specific visual presentation • You can provide metadata to show how visible facts can be translated properly into XBRL • You can provide hidden information necessary to completely create XBRL • You can identify content within other content that should not translate into XBRL • You can simply leave visible information alone with no reference to XBRL • The resulting XBRL can be validated like any other XBRL Adding Metadata … Inline <table> <tr><td></td><td>2010</td></tr> iXBRL <tr><td></td><td>£m</td></tr> <tr> <td>Property, Plant &amp; Equipment</td> <td><b> <ix:nonFraction contextRef=“e2010” decimals=“-6” scale=“6” name=“pt:TangibleFixedAssets” unitRef=“GBP”>7</ix:nonFraction></b> </td> </tr> </table> 2010 £m Rendered Property, Plant & Equipment 7 <pt:TangibleFixedAssets contextRef=”e2010" decimals=”-6” unitRef="GBP”>7000000.00</pt:TangibleFixedAssets> XBRL The Features (Continued) • Provides rules for changing regionally specific information (dates, numeric formats) and common short cuts (scaling) into one standard as required by XML/XBRL