Archive for May, 2008
XBRL announces formation of XBRL Europe
May 27th, 2008 Ilija Šuša Posted in News | No CommentsBRUSSELS, BELGIUM, MAY 6, 2008
XBRL International, Inc. (XII), www.xbrl.org, announced today it has formed XBRL Europe, a non-profit association based in Brussels to represent, coordinate and support XBRL members within Europe in their efforts to drive XBRL strategy and adoption across the region. Founding members of XBRL Europe are: XBRL Belgium; XBRL France; XBRL Ireland; [...]
U.S. companies need more XBRL preparation and education
May 27th, 2008 Ilija Šuša Posted in News | No CommentsGiven the impending move to IFRSs (International Financial Reporting Standards) in the United States, Deloitte surveyed senior finance professionals of U.S. companies on IFRS issues. The primary goal of the survey was to ascertain U.S. companies’ level of awareness about and interest in IFRSs. This report presents the survey results and [...]
Read more..XBRL and Internal Control
May 26th, 2008 Didem Komaromi Posted in General | No CommentsIn a nutshell, XBRL (Extensible Business Reporting Language) is the language of finance accounting. The goal of XBRL is to make the analysis and exchange of corporate information more reliable.
The importance of internal control in organizations has become even more visible after Sarbanes-Oxley. Management is now more aware of weak areas of their internal control [...]
Pinnacle Group Worldwide Introduces XBRL Sherpa Consulting
May 19th, 2008 Ilija Šuša Posted in News | No CommentsPinnacle Group Worldwide announced the introduction of its new service today, XBRL Sherpa. XBRL Sherpa is an accelerated method of implementing XBRL taxonomies into your organization’s financial consolidation, management, and reporting processes.
Read more..IFRS Plans May Be Delayed by White House
May 19th, 2008 Ilija Šuša Posted in News | No CommentsA White House memo directing agencies to finalize their rules before the fall election could have an impact on plans for the use of Extensible Business Reporting Language and International Financial Reporting Standards in filings with the Securities and Exchange Commission.
Read more..XBRL mandate in US
May 18th, 2008 Ilija Šuša Posted in News | No CommentsA few days after the US regulator announced new regulation mandating the filing of reports to the Securities and Exchange Commission in XBRL we will make an short overview of articles posted all over the web about this topic.
Read more..Chairman of the Trustees addresses XBRL Conference
May 8th, 2008 Ilija Šuša Posted in News | No CommentsGerrit Zalm, Chairman of the Trustees, spoke at XBRL International’s 17th Conference held in Eindhoven, The Netherlands.
Read more..JustSystems Launches Campaign for XBRL Success
May 8th, 2008 Ilija Šuša Posted in News | No CommentsJustSystems, an independent software vendor in Japan and a leader in XML and information management technologies, announced its campaign to help organizations adopt XBRL (eXtensible Business Reporting Language), the XML-based standard for communicating financial and business information. The campaign will include JustSystems XBRL solutions for regulatory filing, financial analysis, and document integration; availability of an XBRL Survival Guide; and an upcoming Webinar with CFO Magazine.
Read more..EDGAR Online first U.S. company to offer South Korean public company data in XBRL
May 8th, 2008 Ilija Šuša Posted in News | No CommentsEDGAR Online, Inc. (NASDAQ: EDGR) announced today that it is the first U.S. company to deliver South Korean public company fundamental data, described in detail below, from the Korea Information Service, Inc. (KIS) in the eXtensible Business Reporting Language (XBRL) format.
Read more..XBRL Processing Engine Performance Speeds Released
May 7th, 2008 Daniel H. Cahill Posted in News, Solutions | No CommentsUBmatrix sets the standard for XBRL processing performance. Company Publicly Releases Performance Tests of XBRL Processing Engine For Use By XBRL Developers and IT Managers.
Read more..