Added by nsam, last edited by Michel Lesourd on May 14, 2009  (view change)



Table of Content

1. Project Name

Accounting Trial Balance

Version: 1.0

2. Objectives

2.1. Purpose

The purpose of the project is to develop an Accounting Trial Balance standard model to fulfill accounting requirements in the production of accounting books with respect to generally admitted accounting principles.

2.2. Scope

The accounting entries, issues of wide range of business events, resource consumption and agent actions, require to be sorted by accounting account and synthesized in a balance according to the organization of accountancy.
The scope for this project consists in building a standard accounting trial balance needed for bookkeeping, accounting and auditing practices. This accounting trial balance will be available to, and usable for all businesses activities enabling completion of business scenario. The project includes all business sizes, internal as well as de-located accounting proc-esses, domestic and international environments, single company and corporate, and concerns all activity domains.

3. Deliverables

The deliverables from the project are:
• A standard set of accounting and auditing data elements required to obtain trial balance into accounting books;
• Whether necessary: ABIs, BBIEs, and CCs based on the UN/CEFACT Core Components Technical Specification.

4. Functional Expertise of Membership

The project team is a group of experts with a balanced profile of skills and expertise in information analysis, knowledge of accounting and auditing business data and in the presentation and documentation of technical material, either indi-vidually or collectively as a group.

5. Geographical Focus

The focus is global and cross-sectorial within the functional area of accounting and auditing business data. Each UN/CEFACT head of delegation may designate one or more experts to the project team. In doing so, they may delegate this task to one or more organizations, which may be national, regional or international. Experts are expected to contrib-ute to the work based solely on their expertise. Experts who wish to participate should contact the project lead - Michel Lesourd, Chartered Accountant ( ).
Note: It is understood that current TBG12 Accounting and Auditing members, who indicate so, will be included within the project.

6. Initial Contributions

The following contributions are submitted as part of this proposal. It is understood that these are only for consideration by the project team and that other participants may submit their own contributions in order to ensure the gathering of as much information as possible from those with expertise and a material interest in the project but at the same time allow diverse voices to comment on the details of the projects and ensures that no single organization can dominate the proc-ess:
• A number of international and national standard dictionaries of accounting and auditing business data definitions will be used.
The following have expressed an interest in making such contributions:

7. Project Management

7.1. Team

Project Chair Michel Lesourd
Editor Robert Lemense

7.2. Milestones

Estimated Open Development Process (ODP) milestone dates:

ODP Step ODP Name Estimated Completion Date Comment
1 Project Proposal 18.03.2006 Comment
2 Requirements List 01.04.2006 Comment
3 1st Working Draft 01.04.2010 Comment
4 Internal Review 01.10.2010 Comment
5 Public Review 01.01.2011 Comment
6 Implementation Verification 01.10.2011 Comment
7 Final Release 01.04.2012 Comment

8. Statement of Resource Requirements

Participants in the project shall provide resources for their own participation. The continued existence and functioning of the project team shall not require any additional resources from the UN/ECE secretariat other than:

  • Establishing and maintaining the project team's public Web site pages with appropriate links, document download facilities, and items of interest;
  • Establishing and maintaining the project team's public and private list servers.