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T. David Colgren

Colcomgroup, Inc.





Featured speakers at the 2007 XBRL International Conference include:


§   U.S. Securities & Exchange Commission – Commissioner - Kathleen Casey, Washington, DC

§   CEBS (Central European Banking Supervisors) Expert Group on Financial Information – Chairman - Amoud Vossen, London

§   International Accounting Standards Board & IFRIC – Chairman – Robert Garnett, London

§   DATEV (Largest German Preparer of Tax & Company Reports for Small to Medium Size Entities) – CEO Prof. Dieter Kempf, Nurnberg

§   Deutsche Bank - Dr. Matthias Bueger, Frankfurt

§   Representative from German Bundesanzeiger (Official German Filing Authority for Company Reports)


MUNICH, GERMANY – JUNE 4, 2007 – Over 400 executives from more than 30 countries around the world are meeting with government regulatory authorities, stock exchange executives, leading financial services institutions, accounting and professional services firms and technology solution providers to further the global adoption of interactive data solutions like XBRL. The comprehensive Munich conference program spotlights discussions about how interactive data solutions like XBRL improve the business reporting process for companies of all sizes.  Prominent regulators from the U.S. and several European countries will be featured speakers – their focus on how listed companies will leverage XBRL to submit regulatory filings accurately, efficiently, quickly and consistently. XBRL International is hosting the event June 3-7 at the Holiday Inn Centre City in Munich, Germany.

"Interactive data solutions like XBRL represent significant evolution in the way listed companies gather, prepare and report financial information to be used for decision making by regulators, analysts and investors,” said Kurt Ramin, Chair, 15th XBRL Conference and Emeritus Chairman of XBRL International, Inc. “The conference is a venue at which all interested stakeholders can come together to collaborate on XBRL solutions, talk about implementation strategies and share success stories.  This year’s conference – our 15th to date – will draw our largest group of leading regulators in Europe, and technology companies further demonstrating the value they place on interactive data for the financial reporting process.”

“Interactive data like XBRL helps companies make faster, better-informed decisions,” said Michael Ohata, Chair of XBRL International, Inc. “Companies of all types and sizes can use XBRL to reduce costs and streamline their processes for collecting and reporting financial information. Through XBRL companies benefit from the flexibility to adapt to and meet different reporting requirements, enabling them to easily automate the process of data collection, which dramatically improving efficiencies and ultimately their bottom line.”

Key conference highlights:

§   Public Day 1 - Monday, June 4th: Keynote presentations will be given by thought leaders in government and industry including: US Securities and Exchange Commission (US SEC); International Accounting Standards Board (IASB); Committee of European Banking Supervisors (CEBS); International Financial Reporting Interpretations Committee (IFRIC); Bundesanzeiger Verlagesellschaft mbH; DATEV eG; Deutsche Bank AG; XBRL International; XBRL Deutschland e.V.

§   Public Day 2 - Tuesday, June 5th: 3rd German Symposium and track sessions targeted to developers; external and internal reporting; international adoption; regulators and e-government and taxonomy development in Germany and abroad.

Attendees will also be able to view demonstrations and see the real benefits of using XBRL tools and solutions from multiple vendors. Discussions will center around the US Securities and Exchange Commission (SEC) adoption of XBRL and the modernization of the EDGAR System, the world’s largest data system for public company information; The Federal Reserve and Federal Deposit Insurance Corporate use of XBRL for bank call reports of 8,200 US Banks with more than a trillion dollar in assets; Shanghai Stock Exchange adoption of XBRL for Chinese public companies; banking adoption of XBRL in Spain, Belgium and Japan; and adoption of XBRL by the Committee of European Banking Supervisors using the Common Reporting Framework (COREP); and discussion of the world’s first full-circle implementation of XBRL for regulatory reporting for the Netherlands federal and local government.    

Global Gold sponsors of the conference include both Justsystems and UBMatrix. For more information about conference offerings, visit   

About XBRL International

XBRL International, Inc (XII) is a global consortium using a cooperative effort to create a common business reporting language based on XML. This Web protocol is being developed and promoted by an international not-for-profit consortium of more than 480 major international companies, organizations and government agencies. For more information about XBRL, please visit

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