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XBRL Certification Program: Empowering Professionals in a Post-Crisis Era

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daphne
9 diapositives · 243 Views · Aug 23, 2014

The 21st XBRL International Conference in Beijing, October 19-21, 2010, unveils a comprehensive Certification Program. Aimed at both business professionals and IT developers, this program will deliver foundational and professional certifications in XBRL. With a focus on practical knowledge, it seeks to meet the growing market demand for XBRL-certified professionals. Participants will benefit from an established network of best practices, gain recognition in the industry, and learn effective strategies for implementing XBRL solutions. Join us to shape the future of financial reporting.

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XBRL Certification Program: Empowering Professionals in a Post-Crisis Era
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  1. 21st XBRL International Conference“One Language, Common Vision: Role of XBRL Technology in the Post Crisis Era19-21 October 2010Beijing, China XII Certification Program

  2. Session will cover: • Purpose and structure of the program • Who will benefit from the program/targeted participant • Roll-out strategies, current status and next steps

  3. Purpose of the Certification Program To provide users of XBRL with a reliable network of knowledge and best practices as the adoption and implementation of XBRL grows. Feedback from market: Knowledgeable advisors / consultants Knowledgeable developers Official XBRL credentials Employers’ demand for XBRL-certified resources Employee indication of competence and distinction

  4. Rationale

  5. Framework (governance) Responsible, Accountable, Consulted, Informed

  6. Certificateframework

  7. Program Structure and Benefits to Participants Foundation • Targeted to business professionals wanting to gain a basic understanding and knowledge of the XBRL standard • Will help business managers in choosing XBRL to support actual business processes and requirements and to recognize the potential of XBRL for new solutions/business processes Professional • Target to IT professional, developers of XBRL applications and users of the XBRL taxonomies, focused on the XBRL specifications • Will be the industry-recognized professional certification to vendors of XBRL software and developers implementing XBRL applications. Will teach practical knowledge of XBRL

  8. Strategy • Short – term: XBRL Certificate (Foundational) • Develop a foundational level XBRL certificate program delivered through an online system • Mid – term: XBRL Certificate (Professional) • Develop a professional level XBRL certificate program • Long- term: Transition to XBRL Certification • Continuous education • Professional recognition • Curriculum for academic community • Scoring system • etc..

  9. Nextsteps • RFI analysis, communication and discussion with vendors • Agreement with vendor and engagement of SMEs from XBRL community and external • Implementation of governance(e.g., Certification Board)