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The 23rd XBRL International Conference in Montreal, Canada [2011.09.07] XBRL International
The 23rd XBRL International Conference: "XBRL23: Enhancing Business Performance" is produced by XBRL International, Inc. and is hosted by XBRL Canada

Does your company seek recognition as a thought leader on XBRL? If you have business interests or plans for business development, do not miss this opportunity to take the stage! Space is limited, but there is still opportunity to showcase your expertise with a 30 minute presentation in one of the Special Interest Tracks being offered.

The program committee for the 23nd XBRL International Conference in Montreal, Canada is seeking presentation proposals to present in the following tracks:

Conference Dates: October 25 – 27, 2011
Conference Location: Le Centre Sheraton, Montreal, Canada
1.Assurance: Increasing trust and promoting quality in XBRL-tagged information
2.Global Implementation and Project Case Studies
3.Streamlining IFRS reporting with XBRL
4.Interactive Data Made Simpler
5.Integrated Reporting: Trends in Non-financial Disclosure to Stakeholders
6.XBRL Technology & Practices
7.Academic Research and Insight
8.The Hot Topic: What's New, What's Next


Please visit the XBRL23 Web site at www.conference.xbrl.org and select the Sponsors / Exhibitors tab for more details.

The 23rd XBRL International Conference Site

XBRL International Conference in Beijing, China: October 19-21, 2010 [2010.07.09] null
A full assortment of sponsorship and exhibitor opportunities is available for XBRL21, the 21st XBRL International Conference taking place in Beijing, China, this fall (October 19-21, 2010).


Now that XBRL has been mandated in three of the world's leading economies (China, Japan and the United States) for listed companies and is making progress in many others, there is no time like the present to leverage conference sponsorship to maximize your overall exposure as an XBRL/ services or solutions provider. This conference represents a significant opportunity to feature your XBRL related solutions, services and resources in front of an audience of potential buyers, partners and influencers.


BUILD YOUR BRAND RECOGNITION — maximize your exposure in front of a global audience as an XBRL expert, thought leader or solution provider

SHOWCASE YOUR COMPANY & SOLUTIONS — top level sponsors receive prominent exposure throughout the Conference, including as participants in the XBRL Solutions Track featuring working tools in use today

GAIN FIRST MOVER ADVANTAGE — take advantage of the rush to by preparers and users to find working solutions today in order to meet regulatory XBRL mandates around the world

COMMUNICATE WHO YOU ARE / WHAT YOU DO — explain your services, products and value proposition to potential buyers

BROADEN YOUR MARKETING REACH — complement your business development efforts and get deeper market penetration among potential buyers of your services from around the world

CONNECT WITH DECISION-MAKERS AND INFLUENCERS — network with government representatives, regulators and supervisors, business, banking and financial services executives, as well as thought leaders in interactive data

DEVELOP MORE BUSINESS — generate leads for your products and services to continue dialogue following the Conference


Please visit the XBRL21 Web site at www.conference.xbrl.org and select the Sponsors / Exhibitors tab for more details


If you have questions about any of the opportunities, please do not hesitate to contact me or Brad Monterio.
IASC Foundation releases IFRS Taxonomy 2010 [2010.05.03] IASC Foundation
The International Accounting Standards Committee (IASC) Foundation today released the International Financial Reporting Standards (IFRS) Taxonomy 2010. The 2010 taxonomy is consistent with IFRSs and with the IFRS for Small and Medium-sized Entities (SMEs), and for the first time both have been integrated into a single taxonomy.

The IFRS Taxonomy 2010 is a translation of IFRSs as issued at 1 January 2010 into XBRL (eXtensible Business Reporting Language). XBRL is rapidly becoming the standard format for the electronic filing of financial information - particularly within jurisdictions reporting under IFRSs - because it facilitates simpler and faster filing and comparison of IFRS financial data by companies, regulators, investors, analysts and other users of financial information.

The 2010 taxonomy contains significant architectural improvements when compared with the 2009 version, which include an extended use of axes (dimensions) in the taxonomy, and reconsideration of the IASC Foundation's approach for concept naming and of its principle of deleting redundant (deprecated) concepts.

To accompany the release of this taxonomy, the IASC Foundation is undertaking a consultation with companies using IFRSs and filing with the US Securities and Exchange Commission. This consultation will help to establish and demonstrate that the IFRS Taxonomy is practical for filers and for users of filed XBRL content. Based upon the results of the consultation, the IASC Foundation XBRL team will determine whether revisions in the taxonomy are required.

Commenting upon the release Olivier Servais, the IASC Foundation's Director of XBRL Activities, said

"The IFRS Taxonomy 2010 has been through the most thorough public testing of any taxonomy developed by the Foundation to date, with consultations beginning in July 2009. We have received comments from a broad range of stakeholders, and are very pleased with the input received from organisations and individuals in both the global financial reporting and XBRL communities"

Roland Hommes, Chairman of the IASC Foundation's XBRL Quality Review Team (XQRT), added

"In 2009 the IASC Foundation defined a formal due process for its XBRL activities. The XQRT has endeavoured to ensure that the Foundation has operated in strict accordance with this due process. I believe that the result is a high-quality taxonomy that is consistent with IFRSs, but which also reflects XBRL best practice."

The IFRS Taxonomy 2010 and all accompanying support materials are freely available on the IASB website.

Kind regards
IASC Foundation XBRL Team

IASC Foundation XBRL 홈페이지

IASC Foundation publishes proposed IFRS for SMEs Taxonomy [2009.09.29] null
IASC Foundation publishes proposed IFRS for SMEs Taxonomy

28 September 2009

The International Accounting Standards Committee (IASC) Foundation today published for public comment an exposure draft of the IFRS for SMEs Taxonomy. The Taxonomy is a complete translation of the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) into XBRL (eXtensible Business Reporting Language).

XBRL is a licence-free electronic language used to communicate information between businesses. Its use enables companies and regulators to benefit from easier filing, and makes financial data easier for investors, analysts and others to access and compare.

The exposure draft of the IFRS for SMEs Taxonomy is accompanied by a comprehensive review package containing a sample XBRL filing and explanatory materials, as well as illustrative financial statements and a presentation and disclosure checklist.

The IFRS for SMEs was issued by the International Accounting Standards Board (IASB) on 9 July 2009 as a self-contained standard of about 230 pages tailored for the needs and capabilities of smaller businesses. Many of the principles in full IFRSs for recognising and measuring assets, liabilities, income and expenses have been simplified, topics not relevant to SMEs have been omitted, and the number of required disclosures has been significantly reduced. To further reduce the reporting burden for SMEs the IASB aims to limit revisions to the IFRS to once every three years.

The IFRS for SMEs responds to strong international demand from both developed and emerging economies for a rigorous and common set of accounting standards for smaller and medium-sized businesses that is much simpler than full IFRSs.

The exposure draft of the IFRS for SMEs Taxonomy is available online at IFRS for SMEs and is open for comment until 27 November 2009. The IASC Foundation aims to publish the final version of the IFRS for SMEs Taxonomy in December 2009.

LATEST IASC FOUNDATION NEWS [2009.03.16] International Accounting Standards Committee Foundation
Current XBRL projects

On 12 January 2009 the IASC Foundation released the near final version of the IFRS Taxonomy 2009 for public comment. The IFRS Taxonomy 2009 builds upon the architecture of the IFRS Taxonomy 2008. Amendments to the 2009 IFRS Taxonomy mainly reflect changes in the IFRSs. However, improvements in the syntax (not affecting semantics) of the taxonomy have led to a decrease in size and download time. Interested parties are invited to review the near final version of the IFRS Taxonomy 2009 and submit comment by 24 March 2009.

On 26 February 2009 the IASC Foundation released its IFRS Taxonomy Module Manager (ITMM) for open source. The most recent version of the ITMM has been integrated with the IFRS Taxonomy viewer, supports additional translation linkbases and is ready to support the IFRS Taxonomy 2009.

The IASCF XBRL team is working on formalising its due process for developing the IFRS Taxonomy, which will take the form of an XBRL team Due Process Handbook on XBRL activities.

On 13 February 2009 the IASC Foundation released the simplified Chinese translation of the complete label linkbase for the IFRS Taxonomy 2008, the first translation of the IFRS Taxonomy 2008. Full details on translations at the IASC Foundation, including translations of the IFRS Taxonomies, are available here.

International Accounting Standards Board

SEC mandates use of interactive data for public company and mutual fund reporting [2008.12.24] XBRL US
On December 17, 2008, the U.S. Securities and Exchange Commission (SEC) approved a final rule that will make the use of interactive data (XBRL) mandatory for all U.S. public companies over a three-year period. Public companies with a worldwide public float greater than $5 billion will begin filing XBRL documents starting with fiscal periods on or after 6/15/09, followed by all other accelerated filers, for their first fiscal period on or after 6/15/2010, then all other filers for their first fiscal period on or after 6/15/2011. Mutual funds must begin tagging key information, including risks, fees and performance, by January 2011.

Listen to webcast playback: http://www.connectlive.com/events/secopenmeetings/

Read SEC remarks on Open Meeting: http://sec.gov/news/speech/2008/spch121708mwg.htm

Read the SEC press release: http://www.sec.gov/news/press/2008/2008-300.htm

Read the EDGAR filer manual draft: http://sec.gov/info/edgar/edgarfm-vol2-v10-draft.pdf

SEC remarks on Open Meeting

SEC press release

EDGAR filer manual draft

SEC Approves Interactive Data for Financial Reporting by Public Companies [2008.12.18] The Securities and Exchange Commission
SEC Approves Interactive Data for Financial Reporting by Public Companies, Mutual Funds


Washington, D.C., Dec. 18, 2008 — The Securities and Exchange Commission has voted to require public companies and mutual funds to use interactive data for financial information, which has the potential to increase the speed, accuracy and usability of financial disclosure and eventually reduce costs for investors.
With interactive data, all of the facts in a financial statement are labeled with unique computer-readable "tags," which function like bar codes to make financial information more searchable on the Internet and more readable by spreadsheets and other software. Investors will be able to instantly find specific facts disclosed by companies and mutual funds, and compare that information with details about other companies and mutual funds to help them make investment decisions.
"Interactive data will help provide investors with the information they need, rather than just a warehouse of forms on which they can try to find it," said SEC Chairman Christopher Cox. "Interactive data will enable new analysis tools to put key information at every investor's fingertips within seconds, exactly as the investor wishes to see it."
For public companies, interactive data financial reporting will occur on a phased-in schedule beginning next year. The largest companies who file using U.S. GAAP with a public float above $5 billion will be required to provide interactive data reports starting with their first quarterly report for fiscal periods ending on or after June 15, 2009. This will cover approximately 500 companies. The remaining companies who file using U.S. GAAP will be required to file with interactive data on a phased-in schedule over the next two years. Companies reporting in IFRS issued by the International Accounting Standards Board will be required to provide their interactive data reports starting with fiscal years ending on or after June 15, 2011.
Companies will be able to adopt interactive data earlier than their required start date. All U.S. public companies will have filed interactive data financial information by December 2011 for use by investors.
John White, Director of the SEC's Division of Corporation Finance, said, "The adoption of the interactive data requirement represents the product of more than three years of research, analysis and testing through our voluntary filing program — as well as the work of many people throughout the Commission. Interactive data is ready now for companies to provide, and for investors to use in their decision making."
Mutual fund investors will begin reaping the benefits of interactive data starting in 2011. Mutual funds will be required to begin including data tags in their public filings that supply investors with such information as objectives and strategies, risks, performance, and costs. This will allow investors to compare more than 8,000 mutual funds at the click of a mouse. A mutual fund also would be required to post the interactive data on its Web site, if it maintains one.
"This action will continue the Commission's strides towards using technology to provide investors with increased access to information about mutual funds," said Andrew J. Donohue, Director of the SEC's Division of Investment Management. "Just last month, the Commission adopted a new mutual fund disclosure framework that will provide investors with key mutual fund information in a concise, plain English format, while using technology to retain the comprehensive quality of the mutual fund information available today. Similarly, the rules adopted today will allow investors, through technology, to compare and analyze information among the array of funds offered in the market."
SEC Chief Accountant Conrad Hewitt said, "Accounting is the business language of the world. Interactive data has the potential to greatly enhance that language, making it easier, more informative and more readily available. Traditional financial statements that we have today will become more transparent and understandable as interactive searchable documents."
David M. Blaszkowsky, Director of the SEC's Office of Interactive Disclosure, added, "The availability of financial reports in the form of interactive data will transform how investors evaluate companies and securities and, more broadly, transform the relationship between the filer and the investor. Markets depend on and improve with better information, and even more so in difficult times. This action by the Commission is timely and welcome for investors in the U.S. and all over the world."
The SEC earlier this year unveiled its new financial reporting system — IDEA (Interactive Data Electronic Applications) — to accept interactive data filings and give investors faster and easier access to key financial information about public companies and mutual funds. The new IDEA system is supplementing and eventually replacing the agency's 1980s-era EDGAR database, marking the SEC's transition from collecting forms and documents to making financial information itself freely available to investors.
Investors can begin seeing this new information at http://idea.sec.gov. For participants in the SEC's Voluntary Filer Program, investors can find clearly labeled buttons taking them to a company or mutual fund's voluntary interactive data submissions. As soon as companies and funds make their mandatory interactive data submissions to the SEC, their financial information will be immediately available to investors through the SEC's IDEA system as well as on the Web sites of companies and funds disclosing the data.
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SEC Approves Interactive Data for Financial Reporting by Public Companies

SEC Approves Interactive Data for Financial Reporting by Public Companies SEC Approves Interactive Data for Financial Reporting by Public Companies(Korean)
"Final" XBRL US (2008) Taxonomies granted "Acknowledged" status by XBRL International [2008.06.09] XBRL International
XBRL International has formally "Acknowledged" the series of taxonomies published by XBRL US in May 2008, which supersede those issued in 2005 and 2006. Links to these taxonomies can be found at http://www.xbrl.org/FRTAcknowledged/.
BRUSSELS, BELGIUM, MAY 6, 2008 – XBRL International, Inc. (XII), www.xbrl.org, announced today it has formed XBRL Europe, a non-profit association based in Brussels to represent, coordinate and support XBRL members within Europe in their efforts to drive XBRL strategy and adoption across the region. Founding members of XBRL Europe are: XBRL Belgium; XBRL France; XBRL Ireland; XBRL Spain; and XBRL International.
“XBRL Europe builds upon the many successes XBRL has already achieved through the hard work and dedication our XBRL members within the EU,” said Anthony Fragnito, CPA, CEO of XBRL International, Inc. “XBRL Europe will enhance existing efforts in the European region through a consistent process to facilitate dialogue with key stakeholders and drive adoption among business and financial executives, regulators, analysts, investment professionals and XBRL tool providers.”
“Formation of XBRL Europe represents a significant milestone in the adoption of XBRL,” said Conor O’Kelly, Acting Chair, XBRL Europe Executive Committee and XBRL International Vice Chair of Jurisdictions. “Several voluntary and mandatory XBRL filing programs are already underway in the EU and yielding positive results, and XBRL Europe will help coordinate those efforts, nurture others within the region and coordinate additional adoption efforts that demonstrate the value and power of XBRL.”
XBRL Europe will act as the regional point of contact in Europe for European institutions and organizations in order to assure the common promotion of XBRL. XBRL Europe will work with key influencers and decision makers within European institutions and coordinate representation of XBRL members’ interests to those individuals and organizations.
For more information about XBRL Europe, please visit http://www.xbrl.org/eu.

About XBRL International, Inc.
XBRL International, Inc (XII) is a global consortium using a collaborative effort to create XBRL, an open source standard for business reporting based on XML. This Web protocol is being developed and promoted by an international not-for-profit consortium of more than 600 major international companies, organizations and government agencies. For more information about XBRL, please visit www.xbrl.org.
Call for Applicants to the XBRL International Best Practices Board [2008.03.17] XBRL International
The XBRL Nominations Committee seeks applicants to the newly approved XBRL International Best Practices Board (BPB). The BPB will consist of seven members appointed by the XBRL International Steering Committee. Ideally each member will bring practical experience in XBRL implementation and fill a specific competency-role to ensure appropriate and balanced perspective, and a blend of skills. The charter for this board can be found at http://www.xbrl.org/BPB/BPB-Charter-2008-03-03-Approved.htm

The targeted competency mix of BPB members currently sought is:

  - Two Members: Program management – with practical experience in XBRL program management, and a focus on the design of feature sets based on functional requirements arising from the gathering, analysing and prioritizing of requirements from business to functionality. Competencies include the ability to drive key trade off decisions, to illustrate the best sequencing of features over time from a design perspective that they also meet requirements, and to evaluate the resource requirements for development and the delivery capacity of a distributed, matrix team.

  - Two Members: Regulatory reporting management experts - with direct experience in XBRL regulatory reporting, and a focus on the design and/or operation of end-to-end business processes associated with regulatory reporting. Competencies and experiences in designing and managing systems from the business owner perspective and defining business architecture. Must have an understanding of the process of implementing new technology in government and large organizations, working closely with IT and business teams.

  - One Member: Financial Analysis expert - with broad experience in using XBRL in financial analysis having a focus on the processes and methods used to collect and align data from disparate organizations, especially in international settings.

  - Two Members: Software – with demonstrated experience in implementing XBRL enabled software solutions with a focus on XML and specifically XBRL technology. Competencies and experiences in designing and developing such software.

All members must demonstrate a record of working in international settings with clear competencies in teaming, judgment, negotiation, and strategic planning.

Applicants are asked to submit a CV including a cover letter stating how they align with the targeted competencies stated above, by 2 May 2008 to bpb@xbrl.org .
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