XBRL @ IASCF:
What’s going on?
Olivier Servais
XBRL Team Leader
Monday, 14 March 2016
IASB and IASCF
 IASB (the “Board”) is made of 14 members making
the Standards and has the technical expertise
 IASCF (the “Foundation”) is providing the context to
achieve the Board mission
 Others: SAC, IFRIC
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Mission of the XBRL team
Mission statement :
Create and provide the right framework for
proper adoption and implementation of IFRS
standards with XBRL
Objectives
 Implement XBRL wherever IFRS is used
 Deliver the XBRL Taxonomy with the same
quality, at the same time and in the same
languages as the paper version
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Taxonomy - Intellectual property
 Principle : The IASC Foundation recognizes that it is in the public
interest to ensure that the Taxonomy is generally and freely available
to the public in as many languages as is possible. The IASC
Foundation believes that the best way to achieve this aim is to ensure
that a single entity committed to the ideals of open and accessible
standards controls the rights to this material and then licences them to
users on a royalty free basis.
 IFRS GP-Taxonomy License: This policy permits you to make use
of the Taxonomy in the following manner:
 use in the creation of XBRL instances.
 use as a basis for the creation of other XBRL compliant
taxonomies.
 distribute non-commercially
 IFRS XBRL Software License : a royalty free licence to use the
software for both personal and business purposes, provided such use
is within the normal parameters for use of the software
 Reference to “© International Accounting Standards Committee
Foundation, used with permission.”
 Full detail are on http://www.iasb.org/xbrl/legal/intellectual_property.html
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Taxonomy - Development update

IFRS-GP 2006 acknowledged by XII

IFRS-GP 2007 Draft 0.3

SME phases I and II (architecture considerations and taxonomy
development)

Convergence Issues Paper, phase II and III (equivalence theory and
XBRL mechanism)

References linkbase phases I-IV (enhancement projects
miscellaneous refinements)

European Committee of Central balance Sheet Data Offices
(ECCBSO) IFRS real cases phase III instance creation project

Release of IFRS-GP 2006 Taxonomy Labels in Spanish

Release of IFRS-GP 2006 Taxonomy Labels in French

Release of IFRS-GP Versioning Project, Phase II
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Versioning - Development update
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IFRS Taxonomy Translation
No action
In progress
Draft
Czech
Danish
Dutch
Estonian
Finnish
French
German
Greek
Hungarian
Italian
Latvian
Latvian
Lithuanian
Maltese
Polish
Portuguese
Russian
Slovak
Slovene
Spanish
Swedish
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Final
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Thanks !
 oservais@iasb.org
+44 (0)207 246 6927
www.iasb.org
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