Background
For more than thirty years, UN/CEFACT has been developing and publishing standards – free of charge – for the entire supply chain and, in particular, for accounting and audit purposes. Other groups with an interest in the topic have also developed standards and specifications with different design goals and/or regional or purpose-specific design. For example, the XBRL Global Ledger community has collaborated with UN/CEFACT for greater understanding and to improve our deliverables individually and severally. As the value of standardized accounting information and audit data evidence – especially in light of the emergence of blockchain and distributed ledger technologies – becomes clearer, UN/CEFACT is working to further encourage this interest community to work together toward harmonization and understanding and seeks to develop an Accounting and Audit Reference Data Model to help with understanding, interoperability and improvement of the standards.
Objective
This half-day conference will explore the current state of international and regional accounting and audit data standardization and the opportunities and challenges that face development and adoption. It will introduce major specifications, where they are used, successes and challenges, and bring together the actors to determine how they can collaborate. It will explore:
- What has been the history, drivers and adoption of the major specifications
- How does the market respond, and what are the challenges
- How can these communities, with potentially different goals and motivations, work together to facilitate adoption and gain greater benefits individually and severally
- The goals behind the Accounting and Audit Reference Data Model and how participants can contribute and benefit
Target Audience
All interested in facilitating and benefiting from more available, usable and interoperable standards, including those responsible for government, independent, tax and statutory audit; accounting system/ERP and audit vendors, and especially those who have been involved in related standard setting processes.
Agenda
9:00 – 9:10 – Opening Address
Director of UNECE Economic Cooperation and Trade Division
Session 1: Importance of existing standards in new technologies such as blockchain
Moderator: Mr. Eric Cohen BIO PPT
9:10-9:40 – UN/CEFACT background and standards/artefacts, development method
Ms. Frederique Danjon BIO PPT
9:40-10:05 – XBRL (GL) background and standards/artefacts, development method
Ms. Elina Koskentalo BIO PPT
10:05-10:30 – OECD SAF-T/P background and standards/artefacts, development method PPT
10:30 – 10:45 COFFEE BREAK
Session 2: Overview of additional standards in this space
Moderator: Mr. Eric Cohen PPT
10:45 - 11:10 – Opportunity for others in the space
Swedish SIE, Mr. Lars Hansson BIO PPT
ISO PC295, Mr. Joel Pinkus BIO PPT
Session 3: Standards implementation – use cases and challenges
Moderator: Mr. Eric Cohen
11:10 - 11:20 – Case studies: Use of UN/CEFACT standards in France
Ms. Frederique Danjon PPT
11:20 - 11:30 - Case studies: NordicSmart Government
Ms. Elina Koskentalo PPT
11:30 - 12:10 – Panel: individual and joint challenges
All panelists
12:10 - 12:30 – About the Accounting and Audit Reference Data Model and how to be involved
Mr. Eric Cohen PPT