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World

XBRL
&
Filing Financial & Compliance Reports to
Financial Oversight Institutions, Government Agencies & Regulators

Conference 2016

  1. Overview
  2. Programme
  3. Gallery
  4. Delegates
  5. Exhibitors
  6. Exhibition Opportunities


The importance of XBRL for regulatory compliance and increasing efficiency in financial reporting, standardized reporting requirements and reporting channels that will significantly enhance transparency, accountability and accuracy

XBRL (eXtended Business Reporting Language) is an Internet-based business reporting language that is rapidly becoming an international standard for financial reporting. XBRL tags data for documents to be instantly created or retrieved in a variety of formats. As such, XBRL yields cost savings, greater efficiency, improved accuracy and reliability to both suppliers and users of financial data. Time has been set aside to discuss the importance of XBRL to facilitate and harmonize reporting definitions across different regulators, including cutting on the administrative burden by offering standardized reporting requirements and reporting channels. Discussion will also include strategy to generate XBRL filings to meet regulatory requisites as well as success for future filings, including be updated on best practice in order to get the best value of XBRL to facilitate accurate disclosure of financial statements that is vital for transparency, efficiency and accountability.