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. |
Efrim Boritz wins 2010 Bill Swirsky Innovation Award
Professor J. Efrim Boritz, FCA of the University of Waterloo School of Accounting & Finance has been selected as the recipient of the 2010 Bill Swirsky Innovation Award. This Award, sponsored by the CICA and CaseWare, is made in recognition of his prolific display of innovation in leading and developing projects, concepts, processes and procedures that directly impact upon on the CA profession. To read more about this, click here.
XBRL International Unveils Strategic Initiatives to Make XBRL Easier to Develop, Use and Compare
NEW YORK, NY, OCTOBER 6, 2010 – XBRL International, Inc., (XII), the global standard setting body for the XBRL, today released “Preserve. Promote. Participate. Moving XBRL Forward,” a core vision document that outlines six strategic initiatives to continue the momentum of the XBRL standard. To read more about this, click here.
XII CEO Issues a Letter to the Community to Discuss Enhancing XII Membership Options
XBRL International (XII) and the XBRL standard are at a positive turning point in their evolution. Adoption of the standard continues to accelerate in all regions of the world. It is being used by millions of companies representing 75% of the world’s total market capitalization. Governments are streamlining their processes while reducing the reporting burden of organizations by using XBRL across agencies. XBRL has moved from the fringe to the mainstream. To read more about this, click here.
IFRS Foundation publishes IFRS Taxonomy 2010 labels in Spanish
The IFRS Foundation today published the Spanish translation of the complete label linkbases for the IFRS (International Financial Reporting Standards) Taxonomy 2010. It is the first planned translation of the IFRS Taxonomy 2010 into a number key languages that will be published over the coming months. To read more about this, click here.
XBRL Corporate Actions Data Tags Released to Public
WASHINGTON, September 30,2010 /PRNewswire/ - XBRL US Labs, the research and development arm of XBRL US, announced today that it has completed the initial draft of a taxonomy, or digital dictionary of terms, to define corporate actions event information, and made it available for public review and comment. To read more about this, click here.
FEE Comments on the CESR Consultation Paper on “Development of Pan-European Access to Financial Information Disclosed by Listed Companies”
FEE (the Federation of European Accountants) is pleased to provide you with its comments on the CESR Consultation Paper on “Development of Pan-European Access to Financial Information Disclosed by Listed Companies” (CESR ref. 10-719c).
FEE supports the use of electronic applications in financial reporting at large and therefore supports a more integrated approach in relation to the pan-European access to financial information disclosed by listed companies at EU level. In this context we provide some general observations from the perspective of auditors and accountants which we trust will be useful for CESR in further work in this area. To read more about this, click here.
Irish Revenue Commissioners Announce XBRL Adoption Plans
DUBLIN, September 29, 2010 – Revenue Commissioners Ireland announced today the advancement of
Irish Government taskforce on Reduction of Administrative Burden after extensive collaboration with
XBRL Ireland:
European Parliament Approves New Financial Architecture in EU
Having fought for more than a year in favour of a radical reform of European financial supervision, the European Parliament on Wednesday gave the final seal of approval to a package of reforms which will see a fundamental shift in the way banks, stock markets and insurance companies are policed as of 2011. To read more about this, click here.
Citi to Participate in XBRL US Pilot Using XBRL for Corporate Actions
XBRL Project Enters Test Phase, Will Evaluate Straight-Through Processing (STP) Efficiencies, Shareholder Benefits
WASHINGTON, Sept. 16 /PRNewswire/ -- XBRL US announced today that Citi is working with XBRL US Labs, the research and development arm of XBRL US, to research the costs and benefits of transforming corporate actions processing in a pilot program that will involve dividend payment announcements. An impact analysis will be conducted on the issuance of XBRL-tagged announcements, processing by banks, depositaries, and stock exchanges, and on the ultimate usability of corporate event data by information consumers, particularly shareholders.
2011 U.S. GAAP Financial Reporting Taxonomy Now Available for Public Review and Comment
Norwalk, CT, August 31, 2010—The Financial Accounting Foundation (FAF) today announced the availability of the proposed 2011 U.S. GAAP Financial Reporting Taxonomy for public review and comment. The FAF is responsible for the ongoing maintenance of the taxonomy applicable to public issuers registered with the U.S. Securities and Exchange Commission (SEC). The deadline to submit written comments is October 30, 2010.
