Filename/RPS Number

Booz Allen Hamilton XBRL Federal Experience Madrid, Spain May 17, 2006 Filename/RPS Number

Overview U.S. is Behind Non-U.S. Jurisdictions – Why? What are the Factors Driving Adoption vs. Delay? What is the Current Thinking of Some U.S. Federal Agencies? What are Some of the Policy Issues? What are Some of the Opportunities? What are Some of the Obstacles? What is the Way Forward? Filename/RPS Number

Order of Presentation Issues Within the U.S. Federal Government Opportunities and Requirements Model for Data Transformation Examples of Booz Allen Prototype Order of Presentation XBRL Benefits/Measurements Filename/RPS Number

Issues Within the U.S. Federal Government Policy Issues Who should take the lead? Should the government do the conversion, or rely upon filers? Should XBRL use be mandated? Taxonomies? If the government controls the process, which part of government? Size, complexity, scope, systems Proof of concept or “Big Bang” to start Enterprise architecture, prior investment (XML) considerations Budget Connection with other business, IT priorities Competing for funds Current systems, applications Metadata Issues Current data conventions, definitions Multiple copies, versions of current information Filename/RPS Number

Issues Within the U.S. Federal Government Interoperability Other agencies not able to manage the XBRL data Lack of a standard taxonomy that suits government needs Policy Perspective Impact on the regulated parties Manage the political aspects of this Is this additional to current regulatory burden Influencers Identify the correct audience who are needed to support the project Educate the audience Remember, XBRL is not itself a technology, but a powerful standard that principally empowers and enlivens IT technologies and applications, and with them business processes, in novel ways, many of which are not yet well understood Filename/RPS Number

Opportunities and Requirements Need to know the business processes and activities, and the business requirements Need to understand the policy issues and the obstacles faced by adoption and change Need to demonstrate both internal and external benefits Need to be sensitive to current business processes and activities, but be innovative and bold enough to suggest improvements to current processes and activities and, in some cases, bold leaps forward to new and revolutionary business processes and activities Need to find ways to streamline and automate workflow, case management Smart decisioning is now possible in expanded ways Data quality, machine readability and comparability are now enhanced, and therefore also the possibilities for data analysis, data mining, business intelligence Filename/RPS Number

Model for Public Sector Data Transformation Proposal for complete data and business model solution Data collection Map to taxonomy and save as XBRL Process the XBRL Use systems to manage business processes Automate workflow and case management Analysis, Diagnostics and Report using XBRL Critical Knowledge Management opportunities Filename/RPS Number

Example of Booz Allen Public Sector Prototype Data Collection, Mapping and Conversion Data Acceptance and Pre-Qualification Data and Issue Development & Management Data and Issue Mining & Resolution Taxonomy Development Data Collection Data Aggregation Data Mapping Data Conversion Data Validation and Cleansing Initial Data and Issue Identification Type Classification and Categorization Case Management & Business Process Smart Decisions and Business Reporting Workflow, Routing Business Intelligence Data Analysis Data Mining GOAL: Complete Data Single, Reusable Format Correct Data Level One Issue ID and Data Analysis Correct Data Review and Analysis Path Level Two Issue ID and Data Analysis Data Review and Analysis Resolution Level Three Issue ID and Data Analysis Filename/RPS Number

XBRL Benefits/Measurements Data Collected /Transferred in a Standard Format Load, Aggregate, Compare Historical Information Automate Analysis Based on Regulator Requirements Large-Scale Peer, Pattern Exchange and Recognition and Profiling Analysis Collection and Analysis Process is Faster, More Segmented, Targeted and Deep than Current Process Provides Greater Time for Judgment and Discussion with Client Links to Business Processes Capable of Incorporating Workflow, Dynamic Case Management Data Reusable for (i) Subsequent Years, (ii) Other Agencies Filename/RPS Number

XBRL Benefits/Measurements Time Measurements Measurements against current data collection and analysis process Data collection time Data analysis timing Historical data collection Quality Measurement Quality of data Quality of decision making Depth and Breadth of data analysis, data mining and business intelligence Quality of to-be Regulator activities Filename/RPS Number