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11th XBRL International Conference Addresses Significance of eXtensible Business Reporting Language -- XBRL.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Attendees to Learn How XBRL (EXtensible Business Reporting Language) A specification for publishing financial information in the XML format. It is designed to provide a standard set of XML tags for exchanging accounting information and financial statements between companies and analysts.  Enables Better, Faster and Smarter Business Reporting

The 11th XBRL International Conference will deliver its most comprehensive program to date, focusing on the ways that eXtensible Business Reporting Language (XBRL) improves the business reporting process. Attendees will hear from an unprecedented lineup of speakers, and have the opportunity to attend sessions highlighting the numerous benefits of XBRL adoption. The event takes place from April 26-28 at the Westin Copley Place in Boston.

XBRL helps companies make faster and better decisions. Adoption of XBRL permits financial analysts, investors, accountants, government agencies, internal users and other interested parties to access, compare and analyze data in ways that are not currently practical or even possible. Companies of all types can use XBRL to reduce costs and streamline their processes for collecting and reporting financial information. By taking advantage of XBRL, companies are able to benefit from the flexibility to adapt and meet different requirements, enabling them to easily automate the process of data collection, which dramatically improves efficiencies and ultimately a company's bottom line.

The 11th XBRL International Conference schedule includes keynote presentations from leading executives within the corporate, financial, regulatory and technology sectors plus panel discussions, demonstrations and training sessions. Conference attendees will also be able to learn more about the SEC Voluntary Filing Program for reporting financial information on EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king.  using XBRL.

"The goal of this event is to help people understand how the adoption of XBRL will help companies make faster and better decisions," said Paul Penler, Chair of XBRL-US. "XBRL as a technology is maturing, the level of support from vendors' products is increasing, and we're seeing more and more usage of XBRL in the marketplace -- not only by government agencies but by corporate America to improve internal and external reporting. Conference attendees will be able to learn more about the use of XBRL, and see for themselves that XBRL is real and ready for use."

Key conference highlights:

--Public Day - Tuesday, April 26th: Keynote presentations will be given from thought leaders in the industry including Colleen Cunningham, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of FEI FEI

Fédération Équestre Internationale.
; Trevor Harris, Managing Director, Morgan Stanley; Michael Bartell, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations.


(Chief Information Officer) The executive officer in charge of information processing in an organization.
, FDIC FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
; Bob Laux, Director of External Reporting, Microsoft; Otmar Winzig, Vice President of Investor Relations Investor relations

The process by which the corporation communicates with its investors.
, Software AG; Robert Herz, Chairman, FASB FASB

See: Financial Accounting Standards Board


FASB

See Financial Accounting Standards Board (FASB).
; Barry Melancon, President and CEO, AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
; and Eve Maler, Senior Technical Program Manager, Sun Microsystems.

--Special Interest Day - Wednesday, April 27th: Jose-Maria Roldon, Chairman of Committee of Banking Supervisors (CEBS CEBS Committee of European Banking Supervisors
CEBS Certified Employee Benefit Specialist
CEBS Chemical Effects in Biological Systems
CEBS Church of England Boys Society
CEBS Charles Edward Brooke School (UK) 
), will kick off the day presenting on the importance of XBRL for banking. The rest of the day will feature tracks focused on XBRL for regulators, preparers, insurance, banking, analysts/investors and internal reporting. Attendees will also be able to view demonstrations of XBRL tools and solutions from multiple vendors.

--Training Day - Thursday, April 28th: Training courses will be offered for beginners in XBRL, attendees who want to learn how to create an XBRL document for the SEC XBRL Voluntary Filing Program, technologists incorporating XBRL into products and those interested in developing a XBRL taxonomy.

Co-hosted by XBRL International, XBRL-US and the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. , a founding member of the consortium, the conference will present significant opportunities for participants to meet with potential customers, key members and decision makers. For more information about conference offerings, visit www.xbrl.org/boston.

About XBRL International

XBRL allows the platform-independent definition, exchange and dissemination of business reporting information. It can be used to express a wide range of reports and disclosures, including financial statements, internal management information, regulatory returns, statistical reports and credit filings. XBRL International is a non-profit consortium whose members include approximately 300 leading organizations from all segments of the business information supply chain. XBRL has been widely recognized as an important component in the improvement of corporate transparency. For more information about XBRL International, please visit www.xbrl.org.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 29, 2005
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