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'
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MACPA's XBRL Project
1. MARYLAND ASSOCIATION OF
CERTIFIED PUBLIC ACCOUNTANTS
XBRL Project
Skip Falatko, CPA – Director of Finance
Thomas Hood – Accounting Student Intern
2. Our Goals
Learn about XBRL
Take the mystery out of XBRL
Leverage XBRL in our organization
Showcase XBRL to our members & NPOs
Maryland Adoption
10. 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