Asia Roundtable

With the support of the Membership Development Committee, a group of Asian stakeholders host an annual conference focused on regional participation in the development of XBRL taxonomies, project experiences and the exchange of information by interested parties. 

3rd XBRL Asia Roundtable and XBRL National Conference: 10-11 May 2012 in Singapore

 

The XBRL Asia Roundtable is a closed door event, with participation by invitation only. Please click here to register your interest to attend, by 29 February 2012. Confirmation of your attendance will be sent to you before 9 March 2012. if you require assistance with the form, please contact daven@xbrl.org. 

The 3rd XBRL Asia Roundtable on 10 May 2012 will be being hosted by the Accounting and Corporate Regulatory Authority of Singapore (ACRA), with the support of XBRL International. ACRA is the national regulator of business entities and public accountants in Singapore. The mission of ACRA is to provide a responsive and trusted regulatory environment for businesses and public accountants.

The XBRL Asia Roundtable brings together XBRL experts, project leaders and national regulators from throughout Asia to discuss topics of common interest, including project updates and regulatory developments, along with XBRL specification and taxonomy development. Please click here for the agenda of the 3rd XBRL Asia Roundtable. This document also includes hotel information.

Attendees of 3rd XBRL Asia Roundtable are cordially invited to attend the Singapore XBRL National Conference on 11 May 2012.

Topics for discussion include:

• An Update on Projects/Activities in the Region by country, including statistics, implementation advice and other best practice guidance.
• A strategic discussion on how to identify new opportunities for using XBRL in your county. We will be sharing the results of a pre-conference survey on XBRL progress in the region
• Breakout Sessions on Jurisdiction management, including membership recruitment and retention; governance and building a stakeholder community.
• Insight and results from the Taxonomy Summit held at XBRL24, including best practice guidance, IFRS, translations and the development of “non-traditional” taxonomies such as the Islamic taxonomies under development in UAE and Malaysia.

Past Asian Roundtables

2010 - Tokyo, Japan

The Bank of Japan hosted the 1st XBRL Asia Workshop on 10-11 March 2010. The two-day XBRL Asia Workshop was a roundtable discussion attended by representatives from Japan, China, India, Iraq and Singapore from the region as well as International guests from the IASB, XBRL- US and XBRL International, Inc.

Highlights of the event:

  • The XBRL Jurisdiction leaders shared updates on local projects & activities
  • The Bank of Tokyo presented a Case Study on the use of XBRL for Credit Analysis and Tax Filing
  • The Tokyo Stock Exchange and JFSA provided updates to their projects as well as plan to adopt XBRL and IFRS
  • An update of assurance considerations related to XBRL filings in Japan 

2011 - Mumbai, India

The Securities and Exchange Board of India (SEBI), jointly with XBRL India and Institute of Chartered Accountants of India, hosted the 2nd XBRL Asian workshop February 17th and 18th, 2011. 
 
The closed door workshop with over 50 participants from Japan, Singapore, Poland, Iran, USA and Europe, also had representatives from the Ministry of Corporate Affairs, Reserve Bank of India, Insurance and Regulatory Authority of India. The workshop served as a platform to share experiences of financial sector regulators. In the workshop the participants showcased how XBRL enhances ‘Data Accuracy’, ‘Efficiency of Reporting Process’ and `Information Democracy’. The participants also stressed on the importance of participation and involvement of stakeholders in taxonomy building.  The other uses of XBRL filings for banks, tax authorities and corporate action and the ability to translate and display data in various languages were also highlighted. At the end of the workshop, need for further cooperation amongst Asian jurisdictions in areas such as spreading awareness about XBRL and  developing expertise in the subject through certification programmes was identified.

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