XBRL International (XII) is a standards organization currently funded by a membership model, with revenue coming from the jurisdictions and conferences. This was a fine model when the XBRL standard was young and large accounting firms and the AICPA saw the benefits from being generous with their support. Conferences were seen as a moneymaker for XBRL International, and funding was adequate to support a startup standard. XII goals were clearly definable, and “easy” to achieve, which also limited costs.

Since then the model has grown old and revenue growth has been constrained, and with each passing conference, there are quiet conversations about “how do we change the model, because this one isn’t working”.

I offer some background and a number of recommendations.

Explore the history of “our language” from the beginning of the journey. Meet the famous persons, read about key decisions, important dates…

The objectives of the study are: (1) to provide an overview of the benefits and global development of XBRL and (2) to evaluate the extent of XBRL adoption following the implementation of the voluntary filing program.

Snappy Reports XBRL announces its release of its state of the art regulatory filing system. More than just drag and drop mapping, Snappy Reports XBRL handles dimensions, automatically creates extended labels and integrates seamlessly with Excel and most business/accounting systems. Many tasks that would otherwise be complex are made very simple.
Snappy Reports XBRL uses taxonomy [...]

XBRL US announced today an internship program for emerging XBRL practitioners as part of a summit and workshop in San Francisco on July 28-30, 2009. The event will assemble a rapidly growing community of professionals from around the Pacific Rim region who are implementing the XBRL business reporting standard in both the public and private sectors.

When President Obama appointed his new federal CIO, Vivek Kundra, last week, Kundra announced ambitious plans to “democratize” federal government data by making it accessible in open formats and in data feeds. His plan calls for the creation of a single point of access to all public federal information. The idea is to enable the data to be accessed by developers whose applications will open up federal data to the sunlight of millions of citizens by encouraging them to scrutinize how the Recovery Act’s dollars will be spent.

by Diane Mueller

How can you turn the U.S. SEC eXtensible Business Reporting Language (XBRL) mandate’s requirements into an opportunity when making process improvements to comply? Implement an XBRL-enhanced document management strategy as part of your internal corporate filing workflow which will both boost compliance and save money.

Today, Strategies for Success
Document management is based [...]

It has just been announced, at the culmination of the SEC roundtable on December 17th 2008, that the proposal for XBRL filing has been accepted (carried by 4 votes to 1) as well as for mutual fund reporting.
We are awaiting a press release, but it seems some minor changes to the May 2008 proposal will [...]