IBCS - Compliant reporting in Power BI (PBI user group Hamburg)

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On Thursday, June 18th, 2020, Andrej appeared at the online event organized by the Power BI user group Hamburg. This time the main topic of his presentation was the IBCS-compliant reporting in Power BI.

Andrej and his host, Lars Schreiber, discussed financial reports, P&Ls, sales vs. plan performance dashboards, cost vs. budget analyses, and similar report types where Dr. Hichert's IBCS (International Business Reporting Standards) provide extremely practical recommendations and best practices.

They took a deep dive into waterfall charts, variance analysis, small multiples, income statement calculations, and other data visualization methods where Power BI needs to be extended with IBCS-certified visuals like Zebra BI in order to deliver understandable and actionable reports and dashboards.

TIMESTAMPS:
(00:01) - Introduction by Andrej Lapajne
(1:38) - What is IBCS?
(3:20) - What makes a good business report in Power BI?
(19:12) - 7 worst data visualization mistakes in Power BI
(23:16) - Dr. Rolf Hichert

(25:34) - How do IBCS reports work? [Examples]
(33:09) - Income statements
(35:41) - Small multiples
(40:39) - Waterfall charts
(42:18) - The tables

(45:32) - How to implement IBCS in Power BI?
(50:47) - Small multiples with zebra BI vs native Power BI
(1:00:58) - Top N
(1:07:02) - How to implement dynamic comments
(1:13:19) - Combine tables and charts in your reports
(1:19:12) - Outro and Q&A

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