The XBRL International Standards Board (XSB) is responsible for managing the production of the consortium's technical materials. It is charged with setting priorities for the creation of new material and ensuring all material is of a uniformly high quality, with the goal of accelerating adoption of XBRL around the world.
The Board is accountable to the XII Board of Directors. Its specific tasks include:
- Increasing uniformly the quality, consistency and stability of XBRL International technical material.
- Raising the level of openness and formality of the XBRL International standards setting process.
- Managing the process more actively, resulting in improved interoperability which will accelerate adoption of XBRL.
A critical part of achieving success in these tasks has been to create the Technical Working Groups - Processes and Procedures document which has been adopted as one of the governing documents of the consortium.
The creation of the Board, whose Charter was formally approved in August 2006 and amended in March 2012, does not indicate any change in the basic XBRL specification and related material. The stability of XBRL is one of the key criteria for the success of the Board and the standard itself.
Current updates on the activities of the Standards Board and Working Groups can be found in the XBRL International Annual Report.
Members of the Board and their biographies:
David is the EMEA XBRL Techical Director within the EDGAR Online group at RR Donnelly. Prior to its acquisition by EDGAR Online, he was with UBmatrix. David has been involved in day to day development and implementation of XBRL products and technology; deployment of some of the world's largest XBRL projects on four continents; active participation in the XBRL standards working groups, support of XBRL conferences including speaker, training and panel contributions and participation within local XBRL organisations such as XBRL Europe and Eurofiling.
Outside of the XBRL domain, David has extensive design and implementation experience of large distributed systems, software technologies, significant international, multi-national, project management experience and hardware and ASIC design. He has qualifications in Computer Engineering and Production Processing.
Philip is an expert in XBRL technology and open XML standards development with experience in architecting taxonomies, software design and designing methodologies for developing and maintaining taxonomies. Mr. Engel has been working in the XBRL community since the inception of the standard. Before joining XBRL US, he managed his own technology consulting practice, Philip Engel Consulting, where he did XBRL-related work for major NY investment banks/brokerages, and for XBRL US. For the past three years, he has served as XBRL US Technology Lead responsible for supporting the infrastructure to maintain and produce the US GAAP taxonomies and other US jurisdictional taxonomies. Mr. Engel began his work on XBRL-related activities while at KPMG Consulting where he participated in several XBRL working groups including serving as editor of the current XBRL 2.1 specification. Before joining KPMG, Mr. Engel was a business analyst at Morgan Stanley, a project manager at the Metropolitan Museum of Art in New York and a senior programmer and technology lead at Goldman Sachs.
Masatomo is a manager at Fujitsu Limited. He has been involved with XBRL since 2001. Before this activity, he served as a member of XLink Working Group at W3C. He also Chaired XBRL specification Working Group in 2003 and he contributes to all technology Specification development activity at XBRL International, Inc.
Víctor is, since 2005, a project manager in the Bank of Spain where he is focused on delivering financial reporting solutions for the Regulatory Banking Department. He is one of the principal authors of the COREP and FINREP taxonomies and their Spanish extensions. He is a member of the XBRL Network of the Committee of European Banking Supervisors, the XBRL Quality Review Team of the IASC Foundation and Vice-Chairman of the Formula Working Group of XBRL International.
Víctor graduated, in 1994, as a Telecommunications Engineer from the Polytechnic University of Madrid. He completed his Master Thesis with distinction at the Artificial Intelligence Department at this University, in collaboration with the Linguistics Chair of the Autónoma University of Madrid. He started his professional career in 1994 at the research and development branch of a multinational telecommunications company where he developed management systems and worked on the analysis of standard telecommunications protocols. In 2000, he moved to the IT department of the holding company of the group where he specialized in business intelligence and financial reporting supply chain related systems, from where he joined the Bank of Spain in 2005.
Haiko is a Manager at BearingPoint in Frankfurt, Germany. Prior to joining BearingPoint he worked as an Expert Consultant at cundus AG and as project manager at the International Accounting Standards Board in London. Haiko has vast experience in XBRL projects in Europe from the EBA project to many banks around Europe. Haiko has contributed to the work of the standards working groups since 2007.
Trevor is a Fellow of the Institute of Chartered Accountants in Australia and his involvement with XBRL began in late 1999. He established the Australian jurisdiction and has served on its board since inception. He has served on many XBRL working groups and committees at international and local levels for the past decade, which continues to this day.
Trevor was a key figure in the creation and implementation of Australia's Standard Business Reporting program that covers the reporting requirements of 1.5 million businesses to 13 government agencies (State and Federal) and business to business superannuation transactions. He now assists private and public sector organisations with XBRL product development and taxonomy design for clients in Australia, the Middle East and Asia. He is based in Melbourne, Australia and is currently the acting Chair of the XBRL International Standards Board.
Susan Yount, CPA
Susan is the Director of Reporting Practices for WebFilings LLC, a cloud-based disclosure management solution, where she is responsible for variety of WebFilings initiatives encompassing SEC reporting, XBRL data quality and consumption, and new products. She is a well-known financial reporting and XBRL expert and has appeared in a variety of media outlets.
Before joining WebFilings, she was the Associate Chief Accountant in the U.S. Securities and Exchange Commission’s Office of Interactive Data, where she spent four years successfully implementing the SEC's regulatory requirement for public companies to submit financial statements in XBRL format. She managed the development of various taxonomies, including the U.S. GAAP taxonomy, provided compliance guidance for filers, and advised other regulatory bodies on data modeling and the implementation of structured data reporting.
Prior to her SEC work, she implemented XBRL within Microsoft, including their Investor Central website and the FRLive financial reporting product. As part of the Enhanced Business Reporting Consortium, she drove development of an XBRL taxonomy for MD&A. Susan is a former XBRL advisor and principal associate for Two Degrees, an accounting and finance consulting firm. Before that, she was responsible for external reporting at Cutter & Buck, a public sportswear company.