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Overview of CEN Workshop on XBRL: Objectives, Deliverables, and Timeline

The CEN Workshop on XBRL is a collaborative platform that facilitates the development of consensus documents. Open to various organizations throughout Europe, its duration is 23 months with three key deliverables aimed at standardizing harmonization topics, creating metadata containers, and providing regulatory roll-out packages for enhanced adoption. The workshop includes a public consultation period and financial support from the European Commission to aid expert teams. Key milestones include interim and final reports to the EC, with deliverables expected by February 2014.

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Overview of CEN Workshop on XBRL: Objectives, Deliverables, and Timeline

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  1. CEN/WS XBRL Overview 12 December, 2012

  2. CEN Workshop The CEN Workshop is a flexible working platform open to the participation of any company or organisation, inside or outside Europe, for rapid elaboration of consensus documents (CWAs).

  3. STATUS EUROPESE STANDAARDEN

  4. CEN/WS XBRL Summarized • Workshop duration is 23 months • 3 deliverables • Public consulatation period • Financial support from the EC (expert teams)

  5. CEN/WS XBRL deliverables • CWA 1 Standardize harmonization topics • CWA 2 Metadata container and compliance tools • CWA 3 Standard regulatory roll-out package for better adoption

  6. CEN WS XBRL Structure 6

  7. Timeline 3 4 1 2 Sep 2013 Aug 2012 Spring 2013 Jun 2013 Dec 2013 • Deadlines • 2012-12 – Interim report to EC incl. draft CWAs • 2013-06 – 3 months Public consultation & Public conference • 2012-12 – Adoption of CWAs • 2014-02 – Final report to EC incl. approved CWAs 1 3 2 4 Project Team input

  8. CEN/WS XBRL planning

  9. More information www.eurofiling.info/cen ChairIgnacio Boixoboixo@eurofiling.info SecretariatMaarten PeelenNetherlands Standardization institutemaarten.peelen@nen.nl

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