Archive for December, 2007
Flexibility could be SEC’s XBRL carrot
December 17th, 2007 Ilija Šuša Posted in News | 1 Comment“How quickly this train is moving forward” or is it better to mandate interactive data. If you are to much flexibile business will ignore it.
Read the full article in Financial Week.
Open Source Interactive Data Suite Supporting New US GAAP Taxonomies
December 16th, 2007 Ilija Šuša Posted in News, Solutions | No CommentsRivet Software Inc. a leading developer of financial communications and analysis software announced Open Source Interactive Data Suite Supporting New US GAAP Taxonomies. Their software Dragon Tag and Dragon View will be licensed under a permissive open source model that allows the software to be freely embedded in other applications for internal use or license [...]
Read more..Misconceptions and missed facts about XBRL
December 16th, 2007 Ilija Šuša Posted in News | 1 CommentMr Jay Starkman in article in Financial Times states that “first practical use of XBRL appears to be helping the Securities and Exchange Commission discover illegally backdated stock options” - Consulting firms drool at the fee potential of XBRL.
Mr Robert D. Kugel respond to this article, and explain which facts are missed by Mr Starkman in this [...]
3rd XBRL Conference
December 9th, 2007 Ilija Šuša Posted in News | No CommentsThe third XBRL Conference will take place January 18, 2008 in Belgrade (Hotel HYATT Regency). On-line Conference registration is available at: http://www1.apr.sr.gov.yu/conference/XBRL.aspx
Key-note speakers are: Ms. Liv A. Watson - Vice President of Global Strategy at EDGAR Online, Inc and Mr. Paolo Lombardi, Director of the Group’s Contact Center of Banca Monte dei Paschi di Siena.
Conference [...]
XBRL Irish GAAP Taxonomy Revision
December 7th, 2007 Ilija Šuša Posted in Technology | No CommentsXBRL Ireland have released the XBRL Irish AAP Taxonomy revision to cover FRS20-29 for general purpose Irish Commercial & industrial (C&I) companies as a Public Working Draft for public comment.
Everybody are invited to download the taxonomy from http://www.xbrl-ie.org and submit feedback to XBRL Ireland.
Financial reporting faces up to XBRL
December 6th, 2007 Ilija Šuša Posted in News | No CommentsInteresting article about financial reporting future which has been published in Financial Times by Mr Jennifer Hughes.
“I’ve seen the future, and its a four-letter word.
Well, actually an acronym - XBRL, or extensible business reporting language - and it will bring about a change to financial reporting as big as that when spreadsheets replaced pen, paper [...]
List of XBRL jurisdictions
December 3rd, 2007 Ilija Šuša Posted in Organizations | No CommentsXBRL is supported by local organizations called “Jurisdictions”. Jurisdiction is focused on country which represent and its purpose is education, marketing, explanation of the XBRL benefits and support in XBRL implementation.
There are two types of Jurisdictions - provisional and established. Provisional Jurisdictions are small groups which are beginning the process of XBRL introduction. Established Jurisdictions [...]