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 International releases Conformance Suite for Dimensions
XBRL International releases Conformance Suite for Dimensions
June 14, 2006
XBRL International has released a Dimensions Conformance Suite as a Candidate Recommendation. It provides a range of tests to enable software vendors to verify that applications have correctly implemented Dimensions Specification 1.0, which is also at the Candidate Recommendation stage. Click on the link above for more information. To access the Conformance Suite, please go to www.xbrl.org/SpecRecommendations/.
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.
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.
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.
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.
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.
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.
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.
Madrid International Conference highlights XBRL's rapid progress
Madrid International Conference highlights XBRL's rapid progress
May 25, 2006
The 13th XBRL International Conference in Madrid from 15 – 19 May 2006 highlighted the rapidly growing range of implementations and projects around the world which are based on XBRL. A stream of presentations reported on its successful use in the financial and public sectors, details of new projects and ideas for broader use of the standard. More than 470 delegates from twenty-one different nations attended.
SEC announces number of companies in XBRL pilot grows to 20
SEC announces number of companies in XBRL pilot grows to 20
May 23, 2006
The US Securities and Exchange Commission said the number of companies participating in a new programme to test the use of XBRL for financial reporting had grown by a further three to 20, compared with nine under an initiative last year. The programme will help explore how XBRL can improve the financial reporting process. The SEC announcement said XBRL holds the promise of transforming static, text-only financial documents into dynamic reports that can be quickly and easily accessed and analysed by millions of users.
