1. Filename/RPS Number

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

3. 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

4. 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

5. 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

6. 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

7. 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

8. 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

9. 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

10. 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

11. 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