XBRL Consultant

XBRL based systems implementation,

Creation of XBRL taxonomies,

World wide XBRL instances generation, pre-validation and presentatión.

XBRL - Extensible Bussines Reporting Languaje - XBRL is the open international standard for digital business reporting starting from IFRS but fully applicable and usable on many other bussines.

Professional development

Supersociedades SIRFIN implementation. Year 2014: 

The Integrated Financial Reporting System - SIRFIN. Born as result of the implementation of the first financial information system based on IFRS (International Financial Reporting Standards) and XBRL (eXtensible Business Reporting Language) language in Colombia.

This system from its projection, sougth to adequately involve aspects of business (mission) and technology in such a way that it was possible in the same exercise to accept the two new standards; financial and IT.

Among the main benefits obtained with the implementation, there are:

• Continuity in the receiving information process without a negative mean because of the technological change for any of the actors (Supervised filers, the superintendence, third parties that make use of public information)

• Easy interaction tools where provided to all users looking that the complexity of the languaje were not trasferred to those users who must inform, nor to the those user who consume the information reported.

• The new tools provided to the entity users, allows its use and administration by its non technical team and without mandatory dependence on the provider for both; the creation of taxnomies or for the administration of the end-to-end reception process.

To see more about the results of the results of the implementarion of the XBRL languaje through SIRFIN, look the pages 35 an 73 of the Supersociedades 2014-2015 accountability report (in spanish).

Currently through SIRFIN (https://tinyurl.com/w86szd5) more than five kinds of reports are received in the XBRL language and its data is not restricted to IFRS.

Certainly, in my opinion, this is the most robust and stable information reception system based on XBRL in Colombia, talking not only about the reception of the information, also, abput the processes of its gathering that have given rise to the Business Information Portal.(https://tinyurl.com/s7ennfx). 

Actualization date: 02/01/2020

XBRL in the Superintendence of Public Home Services: 

The Superintendence of Public Home Services, in accordance with the specific regulations that apply to it, implemented its financial information receiving system based on IFRS and XBRL  since 2015 within its legacy SUI - Single System for Information of Public Home Services (www.sui.gov.co - https://tinyurl.com/y7sf37my).

Since 2017, with a team of experts on IFRS and local regulatory frameworks applied to home public service providers, we continued updating the taxonomies for Groups 1, 2 (IFRS based) and also for those who apply the local frameworks, Group 3, Resolution 414 of 2014 and Resolution 533 of 2015. (Amog the experts threr is Tania López, who since 2018 is a member of the ITCG - IFRS Taxonomy Xonsultative Group: https://tinyurl.com/v8b9t2k) 

Since then, the project has resumed life, their taxonomies were evolved and renewed by implementinga spects such as the use of the table linkbase and selection lists that facilitate the filling and the analysis of the information, also, evolving its validation formula levels in such way that the information received is increasingly reliable.

Due to the work of the "NIF-XBRL Team", its interaction and integration with other areas of the Superintendence and the aproach to its filers, through visits ans socializations in different parts of the Colombian territory, year by year and specially in 2019, the information generation processes by the filers and the reception of this informations has been more agile, effective and timely.

Actualization date: 02/01/2020

XBRL project in Supervigilancia:

The Superintendence of Private Security and Surveillance, implemented and hybrid system where its different functionalities were distributed among different kind of software, integrating open source and payment tools and also international brands and Colombian manufacturers.

This Superintendence made its first reception in XBRL during year 2018, receiving the 2017 financial statements for groups 1, 2 (IFRS based) and group 3, usign a taxonomy with three entry points. During 2019 the reception of 2018 financial statementes was made, demonstrating the stability of its system and the friendliness of the supervised, of the tools chosen for the completion ang generation of instances.

There I have focused on the creation, testing and assurance of the proper functioning of the taxonomy, its three entry points and the appropiate behavior of the generation tool instances thar for this purpose made the entity availabe to its supervised.

Thus as the stabilization of the reception systems and its confidence in both internal and supervised users has been achived, also, the expansion of functionalities that allow the information contained in the XBRL instances reported by the supervised.

Actualization date: 02/01/2020

Detail of the XBRL pojects

La información financiera mundial

toma camino hacia iXBRL

Artículo publicado en linkedin respecto a la evolución que se está imponiento en el mundo respecto al uso del lenguaje XBRL.

Fecha de publicación: 2 de julio de 2018

News

Las Taxonomías IFRS 2018 ya están disponibles en español

Supervisores, supervisados y analistas que prefieren trabajar en español, ya pueden hacer usos de las taxonomías publicadas en este idioma.

Pulse sobre el vínculo para acceder al portal IFRS con el detalle al respecto.

Fecha de publicación: 11 de noviembre de 2018

Las Taxonomías de los Estados

Financieros hoy en Colombia.

Artículo publicado en linkedin respecto al versionamiento de taxonomías IFRS base utilizado en Colombia .

Fecha de publicación: 1 de abril de 2019

Contacto

For contact purpouses: 

Mobile: (57) 301 6662961

Mail: jc@juancarlosrodriguezrivera.com

        jcoolcat@gmail.com

Web: www.juancarlosrodriguezrivera.com

LinkedIn: https://www.linkedin.com/in/juan-carlos-rodriguez-xbrl/

Twitter: https://twitter.com/jcoolcat