The XII Best Practices Board is conducting a short survey in order to develop criteria and prioritize the work product for the coming year. Your input into this process is vital to the continued successful development and adoption of the XBRL standard.

Take the XII Best Practices Board Survey

*NEW* XII has added a new Interactive Panel Discussion: New and Anticipated US XBRL Mandated Data Standards and Its Impact on Government & Capital Markets Reporting to the program at XBRL23. Just $195 and includes the full Thursday program as well. Free to XBRL attendees. Register here.

Thursday, 27 October 2011 – 0900

Following video remarks from House Oversight and Government Reform Committee Chairman Darrell Issa(R-CA),  join in an interactive discussion featuring David Blaszkowsky from the U.S. Treasury, Kim Wallin, State Controller of Nevada and IMA board member and David Colgren, CEO of the Colcomgroup and Chair of the IMA XBRL Sub-Committee on Advocacy and Adoption of XBRL and strategic advisor to XBRL International. 

The interactive panel will discuss:

The Children and Family Services Innovation and Improvement Law that was recently approved by Congress and signed into law by President Obama. Section 105 amends the Social Security Act to require the Secretary of the Department of Health and Human Services to designate common data elements and common data reporting standards to govern the reports that states must submit to the Federal government on how they spend child welfare funds that they receive from the Federal government.  The provision expressly requires the Secretary of the Department of Health and Human Services to “incorporate existing nonproprietary standards, such as the eXtensible Business Reporting Language.” The panel will discuss key provisions, time schedules for implementation, additional legislative efforts to use XBRL across social service reporting  and its relevance to the XBRL community.

The Digital Accountability and Transparency Act “DATA Act” (H.R. 2146/S. 1222) pending before Congress. The data standardization language in this legislation pending before Congress that mandates XBRL is very similar to the data standardization provisions of the recently enacted Children and Family Services Innovation and Improvement Law that would require the same innovation for all Federal spending data. The panel will discuss the status of this legislation, implementation options, potential benefits to various stakeholders such as city, state and federal government, policy makers and taxpayers and how it will change reporting between cities, states and federal agencies using insight from Kim Wallin and the State of Nevada. The panel will discuss basic steps XBRL members can take to help support the DATA Act approval by the US Congress.  

Current and Future XBRL Implementation in the United States: 
The panel is also prepared to discuss XBRL efforts being pursued - independent of legislation- in other federal agencies and departments to provide transparency and accountability as well as provide a brief overview of the status of implementation of XBRL by the US SEC.  

The session is $195 and also includes all Thursday XBRL23 activities (including lunch). Full registrants to XBRL23 can attend this special session free of charge.

The program for the 23rd XBRL International Conference will be an XBRL experience like no other – featuring a dynamic agenda led by experts from around the world sharing their knowledge and insight. Case studies, panel discussions and keynote sessions by technology, business and regulatory leaders will bring to life the tangible benefits of XBRL and demonstrate how it can be used to enhance business performance . 

Register today!