SAUMSouth America Unified Markets

Facultad de Ciencias Económicas y Estadísticas(UNR) Universidad Nacional de Rosario

Advisor: Prof. Jose Luis PellegriniStudents: Daniel Díaz Luciano Repetto Javier Rubianes

SOUTH AMERICA UNIFIED MARKETS

1ST Part:

Project SAUM

3th XBRL International Academic Competition

Enrique Bonsón“The role of XBRL in Europe”The International Journal of Digital Accounting Research

“Digital financial Statements have been designed under two main hypothesis:

The first one consider that human being are their target audience

the second one asume that users belong to a specific accounting jurisdiction or capital market.

Obviusly, these hypothesis are no longer accepted”

SOUTH AMERICA UNIFIED MARKETSFundamentals

The first one consider that human being are their target audience

BussinesReport

XBRL

Computer

Human being

Human being

SOUTH AMERICA UNIFIED MARKETSFundamentals

NBC

FACPCE

XBRL

BrasilTaxonomy

ArgentinaTaxonomy

NIC - IASC

SOUTH AMERICA UNIFIED MARKETSFundamentals

the second one asume that users belong to a specific accounting jurisdiction or capital market.

SOUTH AMERICA UNIFIED MARKETSSteps

MERVAL – Mercado de valores de Buenos Aires Leadership Companies of Argentina

Categories: 11 Factories

6 Services

1 Petroleum

SOUTH AMERICA UNIFIED MARKETSSteps

Argentina´s reduced taxonomy

Based on IASC Taxonomy – 2002-11-15

Spanish Labels

Developed according to Resoluciones Técnicas of Federación Argentina de Consejos Profesionales en Ciencias Económicas (FACPCE) Non Current Inventories -> “Bienes de Cambio no Corrientes”

SOUTH AMERICA UNIFIED MARKETSSteps

IBOVESPA – Bolsa de Sao Paulo

Leadership Companies of Brasil

Categories: 18 Factories

15 Services

3 Petroleum

SOUTH AMERICA UNIFIED MARKETSSteps

Brasil´s reduced taxonomy

Based on IASC Taxonomy – 2002-11-15

Protugues Labels

Developed according to Boneco – Normas Brasileras de Contabilidade

Permanent Assets -> “Ativo Permanente”

SOUTH AMERICA UNIFIED MARKETSSteps

IASC Taxonomy – 2002-11-15

English Labels

According to IASC – International Accounting Standard Board

Order of Assets

SOUTH AMERICA UNIFIED MARKETSSteps

USA dólar (ISO-4217:USD)

Argentina, PesosISO-4217:ARS

Brazil, Brazil RealISO-4217:BRL

SOUTH AMERICA UNIFIED MARKETSSteps

<!-- DOLAR PRICE Precio del dolar   --> <loc xlink:type="locator" xlink:href="ias-ci-pfs-2002-11-15.xsd#iascf-pfs_DolarPrice" xlink:label="iascf-pfs_DolarPrice" xlink:title="iascf-pfs_DolarPrice" />   <label xlink:type="resource" xlink:label="_iascf-pfs_DolarPrice_link" xlink:title="iascf-pfs_DolarPrice" xlink:role="http://www.xbrl.org/linkprops/label/standard" xml:lang="es-ar">Cotizacion del Dolar</label> - <!-- DOLAR PRICE Precio del dolar   -->

<!-- DOLAR PRICE Preco dolar   -->   <loc xlink:type="locator" xlink:href="ias-ci-pfs-2002-11-15.xsd#iascf-pfs_DolarPrice" xlink:label="iascf-pfs_DolarPrice" xlink:title="iascf-pfs_DolarPrice" />   <label xlink:type="resource" xlink:label="_iascf-pfs_DolarPrice_link" xlink:title="iascf-pfs_DolarPrice" xlink:role="http://www.xbrl.org/linkprops/label/standard" xml:lang="pt-br">Preco do dolar</label> - <!-- DOLAR PRICE Preco dolar   -->

SOUTH AMERICA UNIFIED MARKETSSteps

http://www32.brinkster.com/xbrl2003/user: SAUM

password: xbrl2003

Microsoft ASP – Active Server Pages

Microsoft msxml40.dll

SOUTH AMERICA UNIFIED MARKETSSteps

Download: http://www32.brinkster.com/xbrl2003/

user: SAUMpassword: xbrl2003

Microsoft Visual Basic 6.00

Microsoft msxml40.dll – Internet explorer 6.00

The first one consider that human being are their target audience

BussinesReport

XBRLComputer

Human being

Human being

SOUTH AMERICA UNIFIED MARKETSFundamentals

SOUTH AMERICA UNIFIED MARKETS

Questions

2nd Part:

Project EXU

Developing Argentina´s taxonomy

SOUTH AMERICA UNIFIED MARKETS

Project EXU

FACPCE Federaciòn Argentina de Consejos

Profesionales en Ciencias Económicas

UNR Universidad Nacional de Rosario

Project EXUGoals

Framework to develop Argentina´s XBRL taxonomy

web site

Different taxonomy documents as the same time

Different versions of the same XBRL taxonomy document Managing different groups schedules

Easy to use enviroment for developing taxonomies

Open framework to others Latin American countries

Project EXUSpecial subjects

Showing inflation impact in Business reports

Specials views of Financials data

Project EXU

Questions