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Leading international
business figures, led by US Securities and Exchange Commission Chairman
Christopher Cox, will speak at the next international XBRL conference in
Philadelphia from 4 - 6 December 2006. Their attendance highlights the
rapidly growing pace of XBRL adoption around the world. Aside from Chairman
Cox, speakers will include:
If you are interested
in sponsorship opportunities at the conference, please contact DianeMueller@xbrl
.org. | ||||
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The Swedish Companies
Registration Office, Bolagsverket, has launched a service for the filing
of annual company accounts by small and medium sized entities (SMEs) in
XBRL. Several hundred thousand companies are eligible to use the service,
which supports automatic validation by software and digital
certification. The service will
accept full annual accounts based on Swedish Generally Accepted Accounting
Principles (GAAP. Taxonomies for the service were developed by the Swedish
XBRL jurisdiction. It does not yet handle listed companies, which file
under International Financial Reporting Standards (IFRS), financial
companies, consolidated or interim reports. However, it will gradually be
extended to cover these areas. | ||
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The Spanish Senate
has called on the government to push forward the use of XBRL in
collaboration with regional and local government and the private
sector. In an official
motion, passed unanimously, the Senate also requested the government to
charge a suitable body with the development of taxonomies during the next
six months which will enable Spanish companies and public administrations
to adopt the use of XBRL. The move by the
Senate follows the successful introduction of XBRL by the Spanish Central
Bank and the Spanish Securities Regulator. More than 400 banks, some 90%
of the banking sector, are now reporting regulatory information in XBRL to
the Bank of Spain, while the Spanish Securities Regulator has already
received more than 12,000 company financial reports in XBRL.
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Peter Calvert XBRL International email: news@xbrl.org
web: http://www.xbrl.org |
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