iBR Vol 03 Issue 02 June 2013


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In these times where governments are experiencing tight budgets, it is not surprising that regulatory agencies are focusing their limited resources almost exclusively on their statutory duties. With any remaining resources, they may attempt to evaluate emerging regulatory, accounting or tax issues.

XBRL, COREP & FINREP: the why, the how, the here - and - now, by Anne Leslie-Bini, Head of International Development and Antoine Bourdais, Director, Bank ING & Insurance Division at Invoke .

Inside Story

Inline XBRL (often known as iXBRL) has made great strides since the publication of the specification as a Recommendation in April 2010.

INSIGHT

In January 2013, the Center for Excellence in Accounting and Security Analysis (CEASA) of Columbia Business School in New York, released a White Paper titled "An Evaluation of the Current State and Future of Interactive Data and XBRL for Investors and Analysts ."

Preparing for changes in the European banking and insurance sectors supervision (with musical inspiration from Katie Melua).

XBRL is a great success story with adoption across the globe and an exponential rate of uptake. The great XBRL problem is the opportunity cost for analytics and big data access.

OPINION

Kevin Herndon of Trintech looks at in-house XBRL from a filers perspective having spent four years in his previous role at Celanese Corporation as their XBRL Compliance Lead.

Focus On AMERICA

As Data Standardisation Proposal for US Federal Spending Re-Launches, Tech Leaders Demonstrate Business Value of Open Federal Spending Data, reports Hudson Hollister of the Data Transparency Coalition.