XBRL News

XBRL News

This 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.

Swedish company regulator accepts accounts in XBRL

Swedish company regulator accepts accounts in XBRL

July 11, 2006


The Swedish Companies Registration Office, Bolagsverket, has launched a service for the filing of annual company accounts by small and medium sized entities (SMEs) in XBRL. Several hundred thousand companies are eligible to use the service, which supports automatic validation by software and digital certification. Taxonomies for the service were developed by the Swedish XBRL jurisdiction.

Canadian Securities Regulators seek market feedback on XBRL

Canadian Securities Regulators seek market feedback on XBRL

July 5, 2006


The Canadian Securities Administrators (CSA) has launched a survey to gather views from the securities markets and public on XBRL, saying the CSA is committed to improving how information is collected and provided to investors. The CSA is the council of the securities regulators of Canada’s provinces and territories. Its objectives are to improve, coordinate, and harmonize the regulation of Canadian capital markets.

XBRL acknowledges China Fund Company taxonomies

XBRL acknowledges China Fund Company taxonomies

July 5, 2006


XBRL International has granted Acknowledged status to taxonomies being used for Fund Company reporting in China – confirming the taxonomies are fully compliant with the XBRL Specification. The China Fund Company Information Disclosure Taxonomy Framework is a set of taxonomies which cover the financial reporting requirements of the China Fund Company disclosure regulations. This set of taxonomies was developed by the Shanghai Stock Exchange (SSE).

IASCF XBRL Convergence Project - first phase now online

IASCF XBRL Convergence Project - first phase now online

June 27, 2006


The IASCF XBRL team has released online the first phase of its XBRL convergence work. This first phase is intended to introduce the idea of convergence in so far as it relates to XBRL taxonomies. A small fragment of IFRS and US GAAP taxonomies convergence was chosen to illustrate the idea. Click above for more information and for links to the IASCF XBRL convergence samples.

Spanish Senate calls on government to push forward XBRL

Spanish Senate calls on government to push forward XBRL

June 26, 2006


The Spanish Senate has called on the government to push forward the use of XBRL in collaboration with regional and local government and the private sector. In an official motion, passed unanimously, the Senate also requested the government to charge a suitable body with the development of taxonomies during the next six months which will enable Spanish companies and public administrations to adopt the use of XBRL.

In-depth XBRL GL training course in Virginia, US, on 13 July

In-depth XBRL GL training course in Virginia, US, on 13 July

June 26, 2006


The first in an ongoing series of in-depth XBRL GL training session will take place on July 13th in Alexandria, Virginia. These classes are designed to help companies considering the implementation of XBRL GL, the standardized Global Ledger, or consultants wishing to provide services leveraging XBRL GL. The instructors will include experts from Taligent Research, the sponsoring company, and invited experts in XBRL and XBRL GL.

More companies join US SEC programme to test use of XBRL

More companies join US SEC programme to test use of XBRL

June 20, 2006


The US Securities and Exchange Commission said another four companies had joined its programme to test the use of XBRL for financial reporting, bringing the total participating to 24. The programme will enable the companies to determine the benefits of using XBRL, provide feedback to the Commission and enable investors and analysts to assess new techniques for analyzing XBRL data.

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.

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.

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.

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