This is a listing of XBRL news from around the world. If you have news that you would like to share, please send it to us.
Press Office of Ministry of Finance
October 19, 2010
On October 19, the National Standardization Administration and Ministry of Finance of China held the Release Ceremony for the Chinese National Standards on Extensible Business Reporting Language (XBRL) Specifications and General Purpose Taxonomy of Chinese Accounting Standards (CAS) in Beijing. The national standards and general purpose taxonomy have defined the elements of XBRL and the basic requirements of preparing XBRL financial reporting based on CAS, thus laying a solid foundation for building a scientific, sophisticated and universal accounting information standards system. The national standards and taxonomy have become a milestone and starting point of China’s accounting information undertaking. Vice Finance Minister Wang Jun and Administrator Ji Zhengkun of National Standardization Administration attended the ceremony and delivered an address.
BEIJING, CHINA, OCTOBER 20, 2010– XBRL International, Inc. (XII) applauds today’s release of the General Purpose XBRL Taxonomy by the China Ministry of Finance during “XBRL21: One Language, Common Vision. The Role of XBRL Technology in the Post-Crisis Era,” the 21st XBRL International Conference.
BEIJING, CHINA, OCTOBER 18, 2010- XBRL International, Inc. (XII) announced today that during its October meeting in Beijing, Arleen Thomas, Senior Vice President, Member Competency and Development, AICPA, has been elected Chair of the XII International Steering Committee (ISC) for 2011. Dave Van den Ende, Director, Deloitte, was elected as 2nd Vice Chair representing At-Large members.
The Versioning Working Group has issued a primer that seeks to explain the suite of versioning specifications in a manner that is more accessible to the general reader than the specifications themselves. To read more about this, click here.
Professor J. Efrim Boritz, FCA of the University of Waterloo School of Accounting & Finance has been selected as the recipient of the 2010 Bill Swirsky Innovation Award. This Award, sponsored by the CICA and CaseWare, is made in recognition of his prolific display of innovation in leading and developing projects, concepts, processes and procedures that directly impact upon on the CA profession. To read more about this, click here.
NEW YORK, NY, OCTOBER 6, 2010 – XBRL International, Inc., (XII), the global standard setting body for the XBRL, today released “Preserve. Promote. Participate. Moving XBRL Forward,” a core vision document that outlines six strategic initiatives to continue the momentum of the XBRL standard. To read more about this, click here.
XBRL International (XII) and the XBRL standard are at a positive turning point in their evolution. Adoption of the standard continues to accelerate in all regions of the world. It is being used by millions of companies representing 75% of the world’s total market capitalization. Governments are streamlining their processes while reducing the reporting burden of organizations by using XBRL across agencies. XBRL has moved from the fringe to the mainstream. To read more about this, click here.
The IFRS Foundation today published the Spanish translation of the complete label linkbases for the IFRS (International Financial Reporting Standards) Taxonomy 2010. It is the first planned translation of the IFRS Taxonomy 2010 into a number key languages that will be published over the coming months. To read more about this, click here.
WASHINGTON, September 30,2010 /PRNewswire/ - XBRL US Labs, the research and development arm of XBRL US, announced today that it has completed the initial draft of a taxonomy, or digital dictionary of terms, to define corporate actions event information, and made it available for public review and comment. To read more about this, click here.