XBRL International
Standards Update
Ignacio Hernandez-Ros
Technology Development, XBRL International Inc.
(ihr@xbrl.org)
Agenda:
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
About XBRL International
How XBRL works
XSB Structure and Goals
XBRL Workstreams
CEBS Taxonomies next steps
30’
About XBRL International


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International consortium, non for profit
Our internal organization is similar to the W3C or the OASIS
Currently we are more than 450 members
We have a business focus over the technological aspects
The consortium is neutral and independent
We look for the support of groups of users who can benefit
from XBRL
 Governmental organisms
 Stock exchanges
 National banks
 Other regulators
 The big accounting firms
 Top technology companies working in XML arena
 Companies who develop Software for Business (ERP, Data marts, …)
XBRL organization
XBRL International Governance
Board
Boardof
ofAdvisors
Advisors
Thomas Krantz, Chair
Thomas Krantz, Chair
International
InternationalSteering
Steering
Committee
Committee
Chair:
Chair:Kurt
KurtRamin
Ramin
appoints
elects
ISC chair
after term expires
Executive
ExecutiveCommittee*
Committee*
(7
(7members)
members)
member of
11ststVice
ViceChair
Chair
Bill
BillSwirsky
Swirsky
Immediate
ImmediatePast
PastISC
ISCChair
Chair
Vacant
Vacant
elects
Established Jurisdiction Representatives
22ndndVice
ViceChair
Chair
Michael
MichaelOhata
Ohata
* *AtAtLarge
LargeEC
EC
Representation
Representationfrom
fromISC
ISC
At Large Representatives
Liv Watson
Liv Watson
Nov 2006
Nov 2006
Makoto
Makoto
Koizumi
Koizumi
Nov 2006
Nov 2006
John Turner
John Turner
Nov 2006
Nov 2006
Walter
Walter
Hamscher
Hamscher
Nov 2007
Nov 2007
Michael
Michael
Ohata*
Ohata*
Nov 2007
Nov 2007
Mike Bartell
Mike Bartell
Nov 2008
Nov 2008
UK
UK
Chris Rodger
Chris Rodger
March 2008
March 2008
US
US
Dan Roberts*
Dan Roberts*
Nov 2008
Nov 2008
Thomas
Thomas
Church
Church
Nov 2007
Nov 2007
Mike
Mike
Willis
Willis
Nov 2006
Nov 2006
SP
SP
Federico
Federico
Florez *
Florez *
June 2007
June 2007
KR
Yong Moon
Lee
March 2009
CA
CA
Bill
Bill
Swirsky
Swirsky
Nov 2007
Nov 2007
IASB
IASB
Kurt Ramin
Kurt Ramin
Nov 2007
Nov 2007
JP
JP
Nobuyuki
Nobuyuki
Sanbuichi *
Sanbuichi *
Nov 2009
Nov 2009
NZ
NZ
John Palmer
John Palmer
Nov 2005
Nov 2005
IR
IR
Conor
Conor
O’Kelly
O’Kelly
June 2007
June 2007
Provisional Jurisdictions
France
Belgium
France
Belgium
ISC Representatives
DE
DE
Norbert
Norbert
Flickinger
Flickinger
Feb 2006
Feb 2006
NL
NL
Jan Pasmooij
Jan Pasmooij
Nov 2005
Nov 2005
AU
AU
Paul Phenix
Paul Phenix
Nov 2006
Nov 2006
Key
Denmark
Denmark
Sweden
Sweden
ISC Seat
ISC Seat
No Seat on ISC
No Seat on ISC
HTTP://www.xbrl.org
**Standing
How XBRL works
 XBRL is a standard to label data that appears in
business reports
 The information is generated once and used many times
 The information is comparable among companies
 Information is based on existing standards such as GAAP for
accounting. XBRL does not imply changes in existing charts of
accounts.
 XBRL can be used to publish, exchange and
analyse business data
 XBRL (Extensible Business Reporting Language) is
based on XML (Extensible Markup Language)
How XBRL works
 Taxonomies (architecture of the information)
 Dictionary of concepts
 Relationships between the concepts (metadata)
 Calculation relationships
 Presentation relationships
 Definition relationships
 Labels in multiple languages
 References to actual legislation or other
definitive works
 XBRL Instance Documents (Reports)
 Reference the Taxonomies
 Contextual information
 Who is submitting the report
 Time dimension (instant and period)
 Dimensional metadata
 Units for the values
 The values (or “facts”)
 Footnotes
The XSB
Purpose and Scope of the XBRL International Standards
Board (XSB)
 The Purpose of the XBRL Standards Board is to actively manage
the production and finalisation of stable, high quality,
interoperable specifications and other supporting technical
materials in support of XBRL-based business reporting.
 The scope of the XBRL Standards Board is limited to the
production of technical materials agreed by the International
Steering Committee, to a timetable proposed by the XSB and
approved by the ISC. The XSB must operate in conformance with
a set of processes approved and published by the ISC that ensure
appropriate levels of quality, review, testing and analysis by XBRL
member and non-member stakeholders.
 The XSB will form working groups charged with specific tasks and
oversight and approve the work of certain standing working
groups. It will be for the Standards Board itself to manage the
development of these groups so they are not specifically covered
by this document.
XSB Structure and Goals
ISC
International Steering Committee
Objective: Ultimately charged with the responsibility of considering and approving the release and
publication of certain key documents and pronouncements (particularly recommendations)
XSB
XSB
Part-time
XBRL
Part-time XBRL Standards
Standards Board
Board
77 Members
Members (annual
(annual terms),
terms), maximum
maximum44 from
fromISC
ISC of
of which
whichone
one isis Chair
Chair of
of XSB
XSB
3 Members:
Architecture
(XML and XBRL experts)
2 Members:
Business Reporting
Experts
1 Member:
Product Management
1 Member:
Program Management
Objective: Create XBRL technical intellectual property
Initial
appointment
Initial
appointment
Technical
TechnicalWorking
Working Groups
Groups
Permanent
Permanent (standing)
(standing)
Chair
Temporary
Temporary (ad
(ad hoc)
hoc)
Chair
Vice Chair
Members
Vice Chair
After 1st
year (if
necessary)
Members
proposes documents for approval
monitors compositions
appoints
elects
selects
confirms selection and appointments
charters and disbands
XBRL Workstreams
 Processes: Creation of a Working Group
By XSB
instigation
Initial Charter
By members’
instigation
XBRL Inc WG
Administrator
max. 15 days
max. 90 days
Definitive
Charter
Call for
participation
End
No
XSB WG
approval
Yes
max. 30 days (telephone meeting)
or 45 days (face to face meeting)
First WG meeting
End
No
Minimum
Membership
become Voting
Members?
Yes
Start of WG
Activities
XBRL Workstreams
 Processes: Development of a specification
Main steps
Publication of the
First PWD
Last Call
announcement
Receive
feedback
Call for
Implementations(1)
Call for Review of
a PR
Receive
feedback
Receive
feedback
Receive
feedback
Move to next
step?
Move to next
step?
Move to next
step?
Yes
Move to next
step?
No
No
No
Publication of an
additional PWD
Yes
Yes
Publication of a
CR
Publication of a
PR
No
Yes
Publication as a
REC
XBRL Workstreams
 Technical (formal Working Group – WG)
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
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Formula
Functions
Dimensions
Base Specification & Maintenance
 Includes Generic Linkbase
 XBRL GL
 Rendering
 Ongoing maintenance and periodic work (Review Team)
 Taxonomy recognition, including FRTA
 Link Role Registry
 Technical staff-led commitments (projects or papers)
 Versioning
 Approach to interoperability
CEBS Taxonomies next steps
 Suggested next steps
 Consolidate the taxonomy repository and
documentation in one official location
 Help the industry creating XBRL software
 Share the know how with other XBRL members
Thank you for your
attention.