XBRL News
 |
XBRL NewsThis is a listing of XBRL news from around the world. If you have news that you would like to share, please send it to us. |
Poland sets up provisional XBRL Jurisdiction
Poland sets up provisional XBRL Jurisdiction
April 18, 2006
Poland has set up a provisional XBRL jurisdiction following strong interest in the use of XBRL by the National Bank and other leading organisations. The setting up of the jurisdiction, approved by the XBRL International Steering Committee, will enable Poland better to recruit local XBRL members and progress the use of XBRL. It already has a range of XBRL initiatives under way, including the creation of a Polish GAAP taxonomy.
UK announces conference on use of XBRL for tax and accounts
UK announces conference on use of XBRL for tax and accounts
April 18, 2006
A major conference will be held on 9 June in London to explain UK government proposals to make XBRL mandatory for company tax returns and accounts. The conference, organised jointly by the Institute of Chartered Accountants in England and Wales (ICAEW) and XBRL UK Limited, will explain what the plans mean to accountants and software vendors. Keynote speech from Lord Carter, the architect of reforms to UK Revenue and Customs online services. For more information, including the agenda and registration, see London Conference.
Ireland GAAP taxonomy gains Acknowledged status from XBRL
Ireland GAAP taxonomy gains Acknowledged status from XBRL
April 24, 2006
Ireland's taxonomy for reporting under Irish Generally Accepted Accounting Practice (GAAP) has been granted Acknowledged status by XBRL International. This confirms that the taxonomy is fully compliant with the XBRL version 2.1 specification. The taxonomy, which is at the public working draft stage, is available for use and review through the link above.
First XBRL event in Middle East will explain benefits of XBRL
First XBRL event in Middle East will explain benefits of XBRL
April 25, 2006
The first XBRL event in the Middle East, on 9 May 2006 at the Central Bank of the UAE, will explain the impact of XBRL and the benefits it offers to companies operating in the UAE and wider GCC region. Supported by the Abu Dhabi Securities Market and the new XBRL UAE jurisdiction, this seminar will hear from international and regional experts on the current status of XBRL and its future development in this region. See Announcement for more details and registration and Agenda for timetable and speakers.
More than 10,000 accounts filed in XBRL to UK Companies House
More than 10,000 accounts filed in XBRL to UK Companies House
April 25, 2006
More than 10,000 company accounts in XBRL have been successfully filed to Companies House, the UK agency responsible for collecting and publishing company data, since XBRL filing began late last year. The introduction of electronic filing of accounts in XBRL has proved very successful, with submissions running at a higher rate than planned, Companies House said.
XII offers free training at Madrid Conference on reporting in XBRL
XII offers free training at Madrid Conference on reporting in XBRL
April 26, 2006
A free two-day training event on preparing financial reports in XBRL will be held on May 18-19 in Madrid as part of the International XBRL Conference. The primary purpose is to aid jurisdictions in developing their own trainers and champions, so jurisdictions should send members who are likely candidates for this role. The course is open only to those who have registered for the full International Conference. It is limited to 15 attendees, so those interested should book early. Please click on the link above for more information.
Tokyo Stock Exchange to introduce XBRL reporting system
Tokyo Stock Exchange to introduce XBRL reporting system
April 26, 2006
The Tokyo Stock Exchange (TSE) is introducing an XBRL reporting system, saying consumers of financial information will find XBRL an extremely effective technology for receiving and analysing corporate financial information. XBRL would also ensure the timely provision of information, enhancing the setting of market prices on basis of rational investment judgements, the TSE said in a statement. Click here to see its website showing trial TSE XBRL data.
XBRL will enable easy-to-find data on the web, SEC Chairman says
XBRL will enable easy-to-find data on the web, SEC Chairman says
April 26, 2006
The US Securities and Exchange Commission intends to use XBRL to enable a move from long, hard-to-read disclosure documents to easy-to-navigate web pages that let investors find the data they want, SEC Chairman Christopher Cox told the Senate Banking Committee. In testimony to the committee, Mr Cox reviewed the benefits of XBRL, the SEC's commitment to XBRL and its plans for roundtables this year to move XBRL forward.
Leading US politician urges Congress to fund XBRL development
Leading US politician urges Congress to fund XBRL development
April 27, 2006
Newt Gingrich, former speaker of the US House of Representatives, urged Congress to fully fund the development of XBRL in the United States. In testimony to a House of Congress subcommittee on Capital Markets, Mr Gingrich said: “Congress should fully fund the development of the XBRL project championed by SEC Chairman Cox so that U.S. companies can take advantage of this financial reporting system that allows investors and analysts to compare company performance."
Dimensions Specification Candidate Recommendation is updated
Dimensions Specification Candidate Recommendation is updated
May 2, 2006
XBRL International has updated its Dimensions 1.0 Specification, releasing Candidate Recommendation 3. This contains two updates to the previous Candidate Recommendation. Feedback on this new version and the updates is requested. The specification is a modular, optional extension to XBRL allowing taxonomy authors to define and restrict dimensional information. A typical example of its use is the ability to define region and product dimensions for basic elements such as sales – although its potential uses go far beyond this simple case. It provides an important extension of the ability of XBRL to represent easily and efficiently the dimensional information which exists in business reporting.
