XBRL Foundation Certificate

Prepare yourself to leverage XBRL

 

The XBRL Foundation Certificate program from XII is an intensive training and examination process that will prepare stakeholders at all levels to understand the ramifications of using XBRL to meet their business objectives.

The XBRL Foundation Certificate program is the only globally recognised XBRL training program from the consortium that created, manages and maintains the XBRL Specification***.

 

 

 
 
 
Hear what XBRL Leaders from around the world have to say:
 
 

Want to see more? View a course demo.
 
See who is certified. Not on the list? Get certified!!
 
Candidates who successfully complete the foundations training will: 
  • Recognize the importance and challenges of electronic reporting
  • Comprehend the basic role and principles of XBRL as electronic business reporting standard
  • Know key facts about XBRL's history and current usage
  • Understand the architecture of XBRL standard and its key
  • Grasp the key benefits  of XBRL adoption (impact on processes of data collection, validation, storage, analysis, publication)
  • Be able to communicate the merits of adopting XBRL to meet their business objectives and identify necessary steps to begin the process

Questions? Contact us using our online form, check out our FAQ or watch our webinar


XBRL Foundation Certificate Retail Pricing - Training and Exam*
  US, Oceana, Canada Europe  Japan

"Region 3" - including India, China, Africa**

Training and Exam (XII member) $699 €549 ¥74,000 $395
Training and Exam (non-member) $795 €649 ¥84,000 $495

* The training and exam must be purchased together  

** For a complete list of Region Three countries, please click here. All other countries not in Europe fall under US pricing

*** In order to comply with industry norms for the granting of continuing education credits, the pass rate for the XBRL Foundation Certification has been raised to 70%.  

Modular Based Learning

The XBRL Foundation Certificate training program is consists of discrete modules that take learners progressively through the curriculum.  Each module contains review sections and a quiz to allow candidates to assess their knowledge and progress.

There are five learning modules in the XBRL Foundation Certificate covering a broad range of topics, including a comparison of business reporting methods, the business requirements that drove the development of the XBRL Specification, the general architecture of XBRL, and the specifications main components and the basics of modeling for XBRL taxonomy development.

The modules are presented as a roundtable meeting, allowing learners to experience the deliberations and decision-making process around XBRL implementation as it might occur in the workplace.  Various stakeholders such as regulators, filers, and technologists are represented.

Module 1 Objectives and Topics
Module 2 Objectives and Topics
Module 3 Objectives and Topics
Module 4 Objectives and Topics
Module 5 Objectives and Topics

The modules are presented as a roundtable meeting between an E-government Coordinator and representatives from a Securities Financial Commission, a Central Bank, the Ministry of Finance, a Listed Companies Association (filers), a Software Industry Association and an XBRL Consultant regarding future E-reporting strategy for a generic country. The XBRL Consultant plays a key role in providing information about XBRL as responses to questions.

 

Module 1 Learning Objectives

  • Provide a comparison of different reporting formats, from paper to electronic presentation and description.
  • Present the idea, benefits, and challenges of electronic business reporting.
  • Introduce eXtensible Business Reporting Language (or XBRL) as an electronic standard for exchange of business information

Topics Covered Module 1

  • 1.1: Business Reporting - Purpose and Challenges
  • 1.2: Idea and Key Benefits of Electronic Reporting
  • 1.3: Various Electronic Data Exchange Formats and Advantages of Standards
  • 1.4: XBRL as an Electronic Business Reporting Standard

Module 2 Learning Objectives

  • Understand the origin, history, development process, maintenance, and governance of the eXtensible Business Reporting Language (XBRL) standard.
  • Discuss the functionalities of the XBRL standard.
  • Report the real application of XBRL in international projects, in different reporting scenarios.
  • Identify the inputs needed for developing the XBRL taxonomy.

Topics Covered in Module 2

  • 2.1: Development and Maintenance of XBRL
  • 2.2: Flexibility of Application: Key XBRL Implementations
  • 2.3: Introduction to the Application of XBRL for the Exchange of Annual Reports

Module 3 Learning Objectives

  • Understand how XBRL enables the tagging of any piece of financial information.
  • Describe the general architecture of XBRL and its main components: Taxonomies and instance documents.
  • Identify the link between taxonomies and instance documents.
  • Know the process of creating a report based on taxonomies.

Topics Covered in Module 3

  • 3.1: XBRL as a Markup Language for Business Data
  • 3.2: XBRL Architecture and Its Key Components: Dictionary and Report
  • 3.3: XBRL Taxonomy as a Dictionary of Business Concepts

Module 4 Learning Objectives

  • Understand the basics of data modeling for eXtensible Business Reporting Language (XBRL) taxonomies development.
  • Explain the building blocks of XBRL: Declaration of concepts, relationship layers, and others.
  • Identify how to browse XBRL taxonomies and their content.
  • Understand the functions of various linkbases available in XBRL taxonomies.
  • Explain the architecture of XBRL instance documents.
  • Identify the differences and similarities between XBRL and XML and their comparative value for business reporting.
  • Outline the architecture and functionality of XBRL extensions

Topics Covered in Module 4

  • 4.1: Introduction to Data Modeling in XBRL
  • 4.2: Organization of the XBRL Taxonomy: Schema and Linkbases
  • 4.3: Functions and Types of Linkbases: Purpose of Application and Content
  • 4.4: Impact of Linkbases on the Content of Instance Documents
  • 4.5: Instance Documents
  • 4.6: Comparison of the Value of XBRL and XML for Business Reporting
  • 4.7: General Architecture and Functionality of XBRL Extensions

Module 5 Learning Objectives

  • Understand the Electronic Business Reporting Supply Chain (eBRSC).
  • Find out about the key phases and functions of eBRSC.
  • Understand the types and roles of eXtensible Business Reporting Language (XBRL) software for eBRSC.

Topics Covered in Module 5

  • 5.1: Key Phases and Functions of eBRSC
  • 5.2: Functional Role of XBRL Software in eBRSC

 

 

 

 

User login