Subdirección General de Estadísticas de los Servicios XBRL PILOT TASK FORCE MEETING Introduction of XBRL in Spanish SBS-data collection XBRL PILOT TASK.

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Transcripción de la presentación:

Subdirección General de Estadísticas de los Servicios XBRL PILOT TASK FORCE MEETING Introduction of XBRL in Spanish SBS-data collection XBRL PILOT TASK FORCE MEETING Introduction of XBRL in Spanish SBS-data collection Raquel del Río 27 September 2006 INSTITUTO NACIONAL DE ESTADÍSTICA (INE) Raquel del Río 27 September 2006 INSTITUTO NACIONAL DE ESTADÍSTICA (INE)

Subdirección General de Estadísticas de los Servicios INE is member of XBRL Spain Association from 2006 INE has participated in the development of two taxonomies: DGI: Identification General Data PGC 90: 1990 Spanish Chart of Accounts Background

Subdirección General de Estadísticas de los Servicios Services (annex I Reg. 58/97) INE Industry (annex II) Trade (annex III) Ministerio de Fomento Construction (annex IV) Insurance (annex V) Dirección General del Seguro Pension Funding (annex VII) Banco de España Credit Institutions (annex VI) Introduction Responsibility of SBS-data collection in Spain :

Subdirección General de Estadísticas de los Servicios Structure in INE Industry Statistics Unit Collection-data Unit Services Statistics Unit Services+Trade Industry This division (outside and inside NSI) does not facilite the implementation of XBRL in SBS

Subdirección General de Estadísticas de los Servicios Data-collection methods: Predominately paper-based Excel Sheet Web transmission (from 2007) Sample of enterprises in Services + Trade Exhaustive part: enterprises Sample of enterprises in Industry Exhaustive part: enterprises Introduction

Subdirección General de Estadísticas de los Servicios Trade and Services Sector (EAS 05) Size (number of employees) PopulationSample > Total

Subdirección General de Estadísticas de los Servicios Industry Sector (EIE 05) Size (number of employees) PopulationSample > Total

Subdirección General de Estadísticas de los Servicios INE should substitute the traditional data- collection method for the following reasons: To increase the quality of data To save of time To improve the public image of INE To decrease the cost of the surveys To diminish the timeliness To decrease the burden to enterprises INE should substitute the traditional data- collection method for the following reasons: To increase the quality of data To save of time To improve the public image of INE To decrease the cost of the surveys To diminish the timeliness To decrease the burden to enterprises Does INE wish to change the data-collection method? Are the current methods ineffective? YES

Subdirección General de Estadísticas de los Servicios Why XBRL - At this moment, XBRL is proposed by Eurostat - Because important institutions bet for XBRL with strength How many taxonomies should INE development? SBS - A taxonomy for each statistical domain STS ? IT R+D - One taxonomy for all the questionnaires? How can INE achieve these goals? Creation of working group XBRL/INE flexibility extensibility standardisation stability With XBRL? Advantages of XBRL discussion

Subdirección General de Estadísticas de los Servicios Members from different Units in INE: Data-collection Unit Computer Unit Methodology Unit Production Units Works carried out (with Software AG): Mapping revision Taxonomy revision Pilot study  selection of the sample Implementation discussion Working group XBRL/INE

Subdirección General de Estadísticas de los Servicios Pilot study Select enterprises that are members of XBRL Spain Association it would not be possible to measure the success but it would close the knowledge on XBRL to the rest of enterprises Select enterprises with a lot of statistical burden An intermediate option: to inform many enterprises and to carry out the pilot study to 3 o 4 enterprises Some options were discussed: selection of the sample

Subdirección General de Estadísticas de los Servicios At the end, INE has decided: To carry out at the same time the pilot study and the next collecting-data for two reasons::  to measure the success  not to bother twice the enterprises There are doubts: How do it? only the biggest ones How many enterprises? all the enterprises

Subdirección General de Estadísticas de los Servicios There are clearly two parallel tasks: To use the taxonomy designed by Software AG in order to carry out a pilot study in the next data- collection To create a new group for the standardisation of the definitions of economic variables (of the surveys carried out by INE) There are clearly two parallel tasks: To use the taxonomy designed by Software AG in order to carry out a pilot study in the next data- collection To create a new group for the standardisation of the definitions of economic variables (of the surveys carried out by INE) Implementation discussion: future works What conclusions can we draw? A global taxonomy

Subdirección General de Estadísticas de los Servicios Why scepticism? Because: any change supposes an effort XBRL language and its implementation is not easy for INE workers It is also necessary to join computer abilities with knowledges on the subject of the taxonomy Why scepticism? Because: any change supposes an effort XBRL language and its implementation is not easy for INE workers It is also necessary to join computer abilities with knowledges on the subject of the taxonomy What is the feeling among the working group members? enthusiasm Two complete opposite reactions scepticism enthusiasm Two complete opposite reactions scepticism

Subdirección General de Estadísticas de los Servicios Any questions? Thank you very much