XBRL

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SEC is determined to amend the existing EDGAR system and replace it with XBRL. Otherwise known as data tags, this format intends to promote a more systematic, effective and efficient reporting and analysis of business information. It enables the SEC to look into spreadsheets directly in Excel format, making it easier to compare data between companies. A number of key regulators around the world are already using the said format, while others are still contemplating on adopting it.

The Knowledge Congress is producing a two-hour webinar to discuss the key features, the advantages and disadvantages, and the impact of XBRL in various financial reporting processes. Experts from the government and the private sector are scheduled to speak in this event.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit.)
Advance Preparation: Print and review course materials
Course Code: 083760

 

Featured Speakers for XBRL - live webinar:                                                                                                  


  Event Talking Points (click here to view more)
SEGMENT 1:


Robert Blake, Senior Director of Interactive Services and founding member of XBRL.ORG,
Bowne & Co., Inc.

** Speaker Talking Points to be added soon.. **

SEGMENT 2:


David Blaszkowsky, Director, Office of Interactive Disclosure,
U.S. Securities and Exchange Commission

- Why the SEC sees interactive data, particularly xbrl, as being so important
- How filers and investors alike will benefit from interactive data
- Why now is the right time to consider an interactive data standard
- What the SEC is proposing
- How filers and others can begin to get smart on interactive data

SEGMENT 3:


Kurt Ramin, Chairman (Emeritus) of XBRL International; Advisor, IASCF
International Accounting Standards Board

- International Financial Reporting and XBRL
- IASB and IFRS
- Convergence of Financial and Business Reporting
- IFRS XBRL taxonomy
- Implementations around the globe

SEGMENT 4:


Mike Willis, CPA, Partner, Founding Chairman XBRL International,
PricewaterhouseCoopers LLP

- XBRL is a business reporting supply chain standardization effort and is applicable to external AND
  internal reporting processes.
- XBRL is specifically designed to enable automation of a wide range of currently commonly manual
  and/or inefficient processes, process problems that literally every company suffers from.
- Common manual compliance process areas are a primary target for the XBRL standard including:
  manual report assembly and review, manual spreadsheet aggregation, manual data access, lack
  of internal transparency across a wide range of disparate data stores, manual and redundant
  automated controls, and many others.
- Where XBRL has been applied to the targeted process areas the cost and time reductions have
  ranged from 80% to 25%.
- Viewing XBRL only as an external reporting compliance requirement limits the process efficiency
  and effectiveness enhancements available.


Bowne & Co., Inc.
Robert Blake
Senior Director of Interactive Services and founding member of XBRL.ORG
speaker bio »»

U.S. Securities and Exchange Commission
David Blaszkowsky
Director, Office of Interactive Disclosure
speaker bio »»

International Accounting Standards Board
Kurt Ramin
Chairman (Emeritus) of XBRL International
Advisor, IASCF
                        speaker bio »»

PricewaterhouseCoopers LLP
Mike Willis, CPA
Partner, Founding Chairman XBRL International
speaker bio »»

Who Should Attend?

- CEOs, CFOs and Finance Professionals of public and private companies
- Investment Professionals and Analysts
- Regulators
- Software developers
- Accounting and audit professionals
- Controllers
- Assistant Controllers

Why Attend?

This is a must attend event for anyone interested in understanding XBRL.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    


** Discounts Apply for early registration

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.


XBRL
Speaker Agency, Organization,
and Firm:


U.S. Securities and Exchange Commission




 

Event Sponsor:


Bowne & Co., Inc. (NYSE: BNE) provides financial, marketing and business communications services around the world. Dealmakers rely on Bowne to handle critical transactional communications with speed and accuracy. Compliance professionals turn to Bowne to prepare and file regulatory and shareholder communications online and in print. Marketers look to Bowne to create and distribute customized, one-to-one communications on-demand. With 3,400 employees in 60 offices around the globe, Bowne has met the ever-changing demands of its clients for more than 230 years. For more information, please visit www.bowne.com.

Free Resource from Bowne:

Click the button above to download the Plain English version of the SEC’s proposed XBRL mandate for operating companies. A 4-page easy to digest summary of the SEC’s 143-page report.

 

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