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.

XBRL Canada Hosts Free Event November 5th

IROs, Financial Communicators Invited to Attend Free, One-Day Session

TORONTO, Oct. 7 /CNW/ - A free, one-day event will be held in Toronto on November 5, 2009 at the Metro Toronto Convention Centre to update professionals impacted by XBRL. Critical issues covered include the United States' Securities and Exchange Commission's (SEC) Interactive Data Program, IFRS Convergence, the Canadian XBRL filing environment as well as an update regarding XBRL internationally. Equally valuable is a showcase of XBRL solution providers that allows attendees to view, understand and evaluate solutions to their XBRL challenges.

CESR Publishes Reponses to Call for Evidence on Standard Reporting Format

The Committee of European Securities Regulators (CESR) publishes the responses to its "Call for Evidence on the Use of Standard Reporting Format" which is of interest to the XBRL Community.

Financial Accounting Foundation to Maintain XBRL Taxonomy for U.S. GAAP

The Financial Accouting Foundation has released a new item:

Norwalk, CT, February 5, 2010—The Financial Accounting Foundation (FAF) today announced its new responsibility for the ongoing maintenance of the U.S. GAAP Financial Reporting Taxonomy applicable to public issuers registered with the U.S. Securities and Exchange Commission (SEC). The FAF and Financial Accounting Standards Board (FASB) will assemble a small team of technical staff dedicated to maintaining the taxonomy and will work towards the release of the next taxonomy update in early 2011. Today’s announcement is the culmination of several months of discussions between the FAF and the staff of the SEC. 

The U.S. GAAP Financial Reporting Taxonomy is a list of computer-readable tags in eXtensible Business Reporting Language (XBRL) that allows companies to label precisely the thousands of pieces of financial data that are included in typical long-form financial statements and related footnote disclosures. The tags allow computers to automatically search for and assemble data so it can be readily accessed and analyzed by investors, analysts, journalists, and the SEC staff. 

Read more of this press release here.

Call for Certificate Program Partner

XII is seeking a partner to facilitate development, execution and on-going maintenance of a global professional certificate program. The successful vendor will guide development of a skills assessment matrix, on-line training, administer certificate examinations and related client databases for testing and renewals. The selected vendor will also produce marketing and related materials to support this program.
 
If you are interested in this request please contact ceo@xbrl.org by 22 July 2010 so we can forward you an RFI.

XBRL International constitutes and names members of its Assurance Committee

New York, 14 July, 2010 – XBRL International Inc. (XII) announced today that it has constituted an Assurance Committee, a group established to providea forum for the identification and communication of market needs related to third party assessment of XBRL-tagged data and serve as the official liaison between market participants and XBRL International on assurance and related matters. The Committee will develop and catalog awareness materials (articles and publications) addressing the assessment of the accuracy of information tagged in XBRL format and how to lend credibility to this information. The XII Assurance Committee will not develop standards or related guidance for XBRL assurance.

FASB Hiring XBRL Computer Systems Developer for U.S. GAAP Financial Reporting Taxonomy

The Financial Accounting Standards Board is hiring a Computer Systems Developer with a strong background in software development, a deep working knowledge of XML Schema, XSL 2.0, and a strong desire to learn XBRL architecture.

The position will be responsible for providing all IT systems support for the XBRL US GAAP Financial Reporting Taxonomy Project, including maintaining XML/XBRL-related applications.  The position will include development of certain software applications and interfaces to facilitate and improve the research, development, and maintenance processes for the project.

Qualified candidates can read more about this opportunity and how to apply at Careers on the FASB website - please click here.

Standard Business Reporting Opens for Business

With the commencement today of Standard Business Reporting (SBR), Australia has moved one step closer to a seamless national economy, the Minister for Finance and Deregulation, Lindsay Tanner MP, and the Minister for Financial Services, Chris Bowen said today. To read more about this, click here.

Don’t Miss the 2nd seminar on "Financial Reporting Standards-based"

On 13-17 September 2010, the Bank of Spain will host the 2nd Seminar on Standards-based Financial Reporting at the Training Center of the Spanish Cooperation in Montevideo, Uruguay. The purpose of this seminar is to extrapolate the experience of several Iberiamerican financial regulators, using international standards of interactive data (XBRL) to improve the supervision mechanisms and the transparency in the financial markets according with the accepted international standards.
Limited capacity. Registration is free. The Spanish Agency for International Development and Cooperation (AECID) provides partial grants (accommodation and maintenance) to 30 Latin American participants. You must fill out the online application to be accepted to participate. To read more about this, click here.

XII “Acknowledgement" of EDINET 2010, India Banking GAAP, RSC-CCI, and Canadian Financial Reporting Taxonomies

XII has granted "Acknowledged" status to the EDINET 2010, India Banking GAAP - 2010, RSC-CCI Scoreboard for Corporate Social Responsibility, and Canadian Financial Reporting Based on Canada GAAP taxonomies. To read more about this, click here.

Attention: Software Solutions Community – Call for Participation in XII hosted Webinar(s)

XII is looking to highlight the state of tools which support analytical analysis of information expressed in XBRL. If you would like to participate in a webinar, or series of webinars, hosted by XII please contact ceo@xbrl.org by 2 July 2010. The schedule and titles for the webinars will be based upon the responses received.

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