XBRL News
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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. |
XBRL constitutes and names members of its Standards Board
XBRL constitutes and names members of its Standards Board
May 26, 2006
XBRL International announced that it had constituted its Standards Board (XSB), a body established to strengthen the quality of its technical materials and accelerate adoption of the XBRL around the world. It named the chairman and five other members of the board.
US SEC chairman says XBRL is vital to informing investors
US SEC chairman says XBRL is vital to informing investors
May 30, 2006
XBRL will serve a vital need in helping individual investors find the financial information they require, US Securities and Exchange Commission (SEC) Chairman Christopher Cox told a conference attended by leading figures in US business and technology. The growth in investment by individuals, with more than 50 pct of US citizens owning stocks, coupled with declining investment at leading Wall Street firms in research information for private investors, meant that new methods for providing easy access to company financial data were essential, Mr Cox told an American Enterprise Institute conference.
US SEC details plans for first roundtable on XBRL
US SEC details plans for first roundtable on XBRL
June 7, 2006
The US SEC's first roundtable on 12 June to explore the benefits and use of XBRL will focus on improving the quality of mutual fund disclosures, what investors and analysts are looking for from XBRL, how to accelerate the use of new software and what the SEC can do to help companies take maximum benefit from XBRL. Xerox Chairman and CEO Anne Mulcahy will make a keynote address in the afternoon session, according to a SEC announcement giving details of the Washington event.
XBRL-US to host two free conferences on XBRL benefits
XBRL-US to host two free conferences on XBRL benefits
June 8, 2006
Conferences on development and benefits of XBRL are:
- June 27 conference in Arlington, VA to address the public sector and government institutions.
- June 29-30, conference in New York to target the investment community and financial executives.
Click on the link above or see Events for registration and other information.
UK plans to mandate XBRL will offer major benefits
UK plans to mandate XBRL will offer major benefits
June 9, 2006
UK government plans to make XBRL mandatory for filing of company accounts and tax returns will provide significant benefits for both government and business, the architect of reforms to UK tax filing told an XBRL conference in London. Lord Carter said the introduction of XBRL would lead to smarter government and would reduce costs, providing benefits for all.
EDGAR Online provides XBRL data for more than 10,000 companies
EDGAR Online provides XBRL data for more than 10,000 companies
June 12, 2006
EDGAR Online announced that it has significantly expanded the number of public companies for which it provides XBRL data to more than 10,000. The XBRL information, available through its I-Metrix platform, now includes 8-K earnings releases from US firms. It is also offering XBRL datafeeds from Chinese exchanges.
Dutch government and business to cooperate on use of XBRL
Dutch government and business to cooperate on use of XBRL
June 12, 2006
The Dutch government and business organisations have agreed in detail on cooperation to introduce XBRL by the start of 2007 for a range of financial reporting in The Netherlands. Under an accord signed in The Hague, the government will maintain the Dutch taxonomy and the infrastructure for reporting, while businesses will take necessary steps to support delivery of XBRL. The Netherlands also published version 1.0_2005 of its taxonomy, which supports a broad range of reporting, including accounts, tax returns and statistics.
IASCF releases EduCentre, featuring IFRS XBRL guidance
IASCF releases EduCentre, featuring IFRS XBRL guidance
June 14, 2006
The IASC Foundation XBRL Team has released EduCentre (Education Centre) on its website. This combines existing IFRS XBRL content with new educational and other material. It provides a Library section, including downloadable taxonomy guidance, Online Tools, Chronology and a News Archive. Click above for more information and to access the centre.
Speakers at SEC roundtable call for broad use of XBRL
Speakers at SEC roundtable call for broad use of XBRL
June 16, 2006
Speakers at a US SEC roundtable on XBRL said broad use of the standard would provide significant benefits for investors. The introduction of XBRL for company financial reporting would increase the accuracy of financial data, make it easier to analyse and improve its timeliness, participants said. The roundtable was the first in a series which the SEC is holding on the benefits and uses of XBRL. The SEC has published a range of information on the roundtable at http://www.sec.gov/spotlight/xbrl.htm, including an archived video webcast, a full transcript, links to some presentations, the agenda and other background.
XII calls for business reporting experts to apply to Standards Board
XII calls for business reporting experts to apply to Standards Board
June 19, 2006
XII has called for nominations to a vacant seat for business reporting management expertise on its newly created Standards Board. The Board is charged with strenghtening the quality of its technical materials and managing their production more actively in order to accelerate adoption of XBRL around the world.
