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.

Rendering Working Group of XBRL International issues first Candidate Recommendation of the Inline XBRL Specification

Rendering Working Group of XBRL International issues first Candidate Recommendation of the Inline XBRL Specification

June 30, 2008


Inline XBRL is a standard for embedding XBRL fragments into an HTML document. The objective is to provide documents which can be viewed in a browser while making use of XBRL tags which can be processed automatically by consuming applications.

XBRL US teams with SOF to host Corporate Actions 2009

XBRL US teams with SOF to host Corporate Actions 2009


Register now for Corporate Actions 2009: Improving Issuer-Investor Communications
Reducing risk and cost through data and technology standards

SAP Delivers New XBRL Publishing Software to Enable Easier Communication of Financial and Business Data

SAP Delivers New XBRL Publishing Software to Enable Easier Communication of Financial and Business Data

February 18, 2009


PALO ALTO, Calif. and WALLDORF, Germany - February 18, 2009 - SAP AG (NYSE: SAP) today announced the availability of SAP® BusinessObjects™ XBRL Publishing application by UBmatrix, a new eXtensible Business Reporting Language (XBRL) application that enables customers to communicate financial and business information, which is required globally by authorities like the Securities and Exchange Commission (SEC) in the U.S. and HM Revenue & Customs in the U.K. SAP BusinessObjects XBRL Publishing promotes fast and flexible compliance reporting and enables customers to leverage their existing SAP investments.....

Information Age: Transparency Is More Powerful Than Regulation

Information Age: Transparency Is More Powerful Than Regulation

March 30, 2009


...earlier this month Congress got a lesson on the potential of better disclosure. "Today's financial crisis was driven in part by a lack of accurate, easily usable information to give investors what they need to make informed, responsible decisions," testified Mark Bolgiano, chief executive of a non-profit technology and accounting consortium called XBRL US. "The value of toxic asset-backed securities remains a mystery because information on the underlying loans and ongoing viability of those loans and the securities themselves was not collected consistently and even if it had been, it would not have been in a usable, portable form."

Registration is now open for SBR Conference 2009 Australia

Registration is now open for SBR Conference 2009 Australia

April 23, 2009

Sydney: Dockside, Cockle Bay Wharf, Darling Harbour, 26-27 May 2009
Melbourne: Melbourne Park Function Centre, 29 May 2009
Standard Business Reporting (SBR) is revolutionising business-to-government reporting around the globe.
When launched in July 2010, SBR will not only reduce the costs of reporting financial information to government, it will also help the business community to improve the quality of both internal and external reporting.
Reporting effected includes, annual financial reports, business activity statements, tax returns, and payroll tax. Led by the Treasury, the government agencies involved are the Australian Taxation Office, Australian Securities and Investment Commission, Australian Prudential Regulation Authority, and the state and territory revenue offices.
The SBR Conference brings together national and international experts who will demonstrate what Australian business can expect from SBR, explore and discuss global financial reporting trends including open standards such as XBRL, what SBR means to business, accountants and software developers, and ultimately help you to discover what you need to do to implement SBR.

XBRL International issues the formula specifications as RECOMMENDATION

XBRL International issues the formula specifications as RECOMMENDATION

June 22, 2009

This suite of specifications was approved by the International Steering Committee on June 22nd, 2009

Oracle Enhances XBRL Reporting Capabilities with UBmatrix, Inc.

Oracle Enhances XBRL Reporting Capabilities with UBmatrix, Inc.

June 24, 2009

Redwood Shores, CA – June 24, 2009
News Facts

  • To help publicly held companies facilitate the preparation, publishing and automatic exchange of financial statements in XBRL (eXtensible Business Reporting Language), Oracle will embed UBmatrix, Inc.’s leading XBRL technology into Oracle's Enterprise Performance Management (EPM) System, Oracle announced today.

XII Updates its IPR Policy

22 July 2009

XBRL International (XII) has updated its Intellectual Property Rights (IPR) Policy to bring it up to date with current industry terminology and practice. It was approved by the International Steering Committee at their meeting on 22nd June 2009 after a period of membership review.

All Members, Participants, and Representatives, and any third parties attending any meeting of a Technical Working Group or a Practice Working Group (WG) or otherwise participating in XII activities are subject to this Policy.

The revised IPR Policy was adopted as a governing document of the corporation to take effect at 0001 UTC, 1st August, 2009 under transitional arrangements as follows:

 

  1. Individuals who join a WG on or after 1st August, 2009 will be required to accept the new policy upon joining WGs with notification to their employer that this has been done. Confirmation of their employer’s acceptance of the policy will also be required.
  2. Existing WG members will be required to have their employers agree to the new policy by 1st October, 2009 in order to continue their membership.
  3. All existing RECOMMENDATIONS are still subject to the old policy. Subsequent modifications to such RECOMMENDATIONS will be subject to the new policy.
  4. Any work in progress as of 1st August, 2009 will be subject to the new policy.
  5. Contributors to work that is currently in progress will be given the opportunity to withdraw their contribution by 1st August, 2009 if they cannot accept the new policy otherwise they will be deemed to have accepted that their previous contributions are subject to the new policy.

 

XII hopes that the revised IPR policy will be viewed as a significant improvement in providing flexibility in the use of the work product of the consortium. It has been designed to be simpler and easier to understand than the previous policy and to reflect input from all stakeholders. A “Frequently Asked Questions” (FAQ) document is also provided to explain the new policy and the reasons for change.

The old and new policies, as well as the FAQ document, are available from the XII website at http://www.xbrl.org/GoverningDocuments.

 

Announced by:

Hugh Wallis

XBRL International

11th European Banking Supervisors XBRL Workshop hosted by the OeNB, Vienna, 16-20 November 2009

11th European Banking Supervisors XBRL Workshop hosted by the OeNB, Vienna, 16-20 November 2009

August 5, 2009

Monday-Tuesday 16-17: XBRL Training.

Unfortunately, we lack of budget to offer this training for free, as usual in all our activities. Therefore, an at-cost fee will be likely required.

Wednesday 18: Solutions day.

Commercial providers and consultants will present solutions applicable to the different filing steps while using standards, in order to reduce the regulatory burden with off the shelf products and industry solutions. The selection of speakers will be carried out with the help of the non-for-profit Association XBRL Europe.

Thursday and Friday 19-20: Presentations.

Presentations about updated CEBS XBRL architecture, FINREP taxonomy draft, FINREP Matrix Schema, roadmap, and many other relevant topics.

All interested parties are welcomed, but we have only 70 seats available, of which a number has been pre-booked for Supervisors.

More news after summer holidays at www.eurofiling.info

Commercial providers and consultants will present solutions applicable to the different filing steps while using standards, in order to reduce the regulatory burden with off the shelf products and industry solutions. The selection of speakers will be carried out with the help of the non-for-profit Association XBRL Europe.

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