The XBRL Standards Board (XSB) is responsible for managing the production of the consortium’s technical materials. It is charged with setting priorities for the creation of new material and ensuring all material is of a uniformly high quality, with the goal of accelerating adoption of XBRL around the world.
The XSB manages the work of technical working groups which are responsible for developing and maintaining the standard which are Base Specification and Maintenance, Rendering, Formula, and Versioning. The XSB also manages the work of domain specific working groups which are focused on Global Ledger and Corporate Actions.
For information on how to get involved with the XSB or the XSB Working Groups please visit Get Involved.
The XSB can be contacted using xsb@xbrl.org.
David Shaw
Chair
David Shaw is an XBRL Supervising Project Manager at the Financial Accounting Standards Board (FASB). In that role, David is an innovative member of the team that is responsible for updating the XBRL US GAAP taxonomies for the U.S. Securities and Exchange Commission. David has been instrumental in a number of technical enhancements to the XBRL US GAAP taxonomies to improve the utility of this structured data format for analysts and investors.
David’s background and education are in financial accounting, which puts him in the unique position of understanding not only the technical XBRL aspects but the technical accounting aspects of what the tagged information is conveying to the users of the data.
Before joining the FASB, David was a Senior Associate at Alvarez & Marsal. David has diverse experience in accounting, auditing, fraud investigations, securities litigation and consulting services across a wide range of industries. David holds a Masters of Accountancy from Colorado State University.
Vivek Bhadoria
Member
Vivek Bhadoria is a data scientist and an expert in XBRL technology. He has been the principal consultant in multiple XBRL implementation with Banking Regulators, Capital Markets Authority, Business Registrars, and Stock Exchanges namely for Qatar, Saudi Arabia, Jordan, India, Kuwait, Mauritius, and New Zealand.
Vivek is a Cost and Management Accountant (CMA) from Institute of Cost and Management Accountants of India and he has secured an all India merit rank (AIR-82) for his academics. He is an accountant and a coder in language namely R, Python, and SAS. Vivek has developed the smart DPM based taxonomy development tools in IRIS and is a key evangelist in XBRL community for promoting DPM based taxonomies.
Prior to IRIS, Vivek was a part of KPMG India’s Management Consulting team as a data expert with a focus on ERP SAP advisory practice.
Vivek was leading IRIS data science and analytics team besides XBRL consulting.
Currently, He is the Managing Director of Savyom Business Solutions Inc.
Thomas Klement
Member
Thomas is managing director at ABZ Reporting and board member of XBRL Germany. He served in German and international XML and XBRL standardisation working groups. Since 2004 he is providing consulting services for e-reporting in the areas of business registers, tax declaration and regulatory reporting. His current focus is on reporting of stock listed companies (ESEF) and automated analysis of financial reports with aid of AI methods.
Bernd Kottier
Member
Bernd is a Product Owner at Topicus Finance, located in the Netherlands. In the past years he has been involved with the transfer of financial data between intermediaries and banks. His activities have included design and implementation work on creating XBRL instances, transfer and routing of instances between parties, and consuming data from XBRL to custom data formats for further processing.
Jose Huizar Moreno
Member
Jose is a Software Engineer and has more than 15 years of experience developing technology for the Stock Markets in Latin America. Back in 2004, he founded 2H Software, a company that is dedicated to providing technology solutions to the financial sector. Jose has led the development and maintenance of all the XBRL Taxonomies used in Mexico for submitting filings to the National Banking and Stock Commission and the Mexican Stock Exchange. Also, he has led the development of an XBRL Processor and an XBRL Instance Document Viewer for the web browser. The company founded by Mr. Huizar currently helps more than 5000 companies across Latin America to fulfill their obligations of filing XBRL to the regulators in their own countries and even to the SEC in the United States.
Dennis Munkle
Member
Dennis is co-founder and managing director of Reportix, a German startup that aims to simplify iXBRL/XBRL data managment for both: humans (augmented analytics for business analysts) as well as machines (intelligent process automation). Reportix has brought XBRL to distributed ledgers and has won several awards for their XBRL software solution. Dennis holds a Master in Business Informatics (Wirtschaftsinformatik) from the University of Mannheim (Germany). His experience covers a balanced mix of technical as well as business topics. He has worked for four years for a major German bank and an insurance broker.
Afterwards, Dennis worked for eight years in the tech startup scenes of Silicon Valley and Zurich, where he was involved in building data standardization solutions for regulators, supervisors, and associations in the banking and insurance sector.
Bartosz Ochocki
Member
Bartosz Ochocki is the Chief Technology Officer of Business Reporting – Advisory Group. He advises public institutions (regulators and supervisors), software vendors and reporting institutions on implementation of information exchange solutions utilizing XBRL technologies.
Prior to his work at BR-AG, Bartosz was a member of the XBRL Team at the IFRS Foundation where he participated in the development of the IFRS taxonomy and was involved in various projects applying IFRSs in the XBRL format.