Real Stories: Oracle Corporation

Real Stories: Oracle Corporation

Rob Zwiebach

Director, Applications Development, Oracle Corp.

November 5, 2003

Agenda Oracle Overview Initial XBRL Demand Initial XBRL Plans XBRL Plans Revisited XBRL Solution XBRL Issues

Oracle CorporationWorld’s Leading Information Management Company

$10.9 Billion in Revenue $2.7 Billion in Applications $333M Annual Apps R&D

Over 120,000 Customers 90+% of Fortune 500 8,500+ with Apps Installed

Over 41,000 Employees 10,000+ for Applications

2nd Largest Software Company in the world

Initial XBRL Demand Focus on Financial Reporting

Specific Geographies: Japan, Australia Specific Customers: AICPA Increased Activity by Regulators Overall Focus on Improved Accountability and

Auditability

Lower demand for XBRL-GL

Initial XBRL Plans Focus on Financial Statement Generator (FSG) Automate Creation of FSG Components from

XBRL Taxonomy

Row Set

Column Set

XBRL Plans Revisited Leverage Strengths of FSG

Reusable Report Components Multiple Columns

Load Taxonomy ONCE Define Reports ONCE

XBRL Solution Load Taxonomies

PL/SQL program parses taxonomies, stores elements in ORACLE relational tables

Link Taxonomy to Row Set User function using FSG Forms UI (and/or ADI UI) Store linkage of elements and rows in existing FSG

tables (new columns)

Specify Output Type at Runtime FSG concurrent program generates file of specified

output type

XBRL Issues How to Identify Time Period

Balance Sheet vs. Income Statement PTD vs. QTD vs. YTD startDate, endDate, instant, duration, others Oracle Solution: Determine startDate and endDate for

all columns based on relative period and balance type

XBRL Issues (continued) Multi-Language Support

Labels should appear in user’s language No clear method for specifying multiple labels per

element Oracle Solution: Separate taxonomy per language

XBRL Issues (continued) Actual vs. Budget vs. Variance

No clear method for specifying budgets More of a concern for internal reporting Oracle Solution:

Store balance type as <scenario> for budgets Exclude variance from XBRL instance document

Questions & Answers