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Main objectives XBRL España

Main objectives XBRL España Federico Flórez Information Systems Director Bank of Spain Managing Director XBRL España 10th XBRL International Conference Brussels, November 2004. XBRL in Spain Objectives Conclusions. a genda. XBRL in Spain. Objectives. Conclusions.

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Main objectives XBRL España

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  1. Main objectives XBRL España Federico Flórez Information Systems Director Bank of Spain Managing Director XBRL España 10th XBRL International ConferenceBrussels, November 2004

  2. XBRL in Spain Objectives Conclusions agenda

  3. XBRL in Spain Objectives Conclusions FOUNDER MEMBERS April 2004 10 CURRENT MEMBERS November 2004 24

  4. XBRL in Spain Objectives Conclusions General Meeting Consultancy & Mediation President Facilitator Vicepresident Management & Secretary General Secretary AuditCommittee Board Strategic Commission Basel II Technology Accounting Development & Training Taxonomies Marketing & Communication DGIIPP IPP PGC90

  5. XBRL in Spain Objectives Conclusions 1 Implementation, adoption and national & international development of XBRL to unify the standards applicableto reporting financial & business information. Joint efforts of public and private entities to implement and adopt XBRL as well asprovide domestic and international representation at: Objectives 2 »People » Organizations » Institutions » Authorities » Corporations » Public and private entities

  6. XBRL in Spain Objectives Conclusions Ensure XBRL image and prestige. Uphold interest of the implementation, adoption and development of XBRL in Spain. Promote collaboration among members, fuelling initiatives around XBRL projects. 3 Objectives Collaborate with Regulators and Authorities in the development, implantation and recognition of XBRL. Coordinate initiatives, events, research and similar activities, to implement, adopt and develop XBRL in Spain. 4

  7. XBRL in Spain Objectives Conclusions Promote and participate in research and development of XBRL, national & international, providing consultancy to members and third parties. 5 Objectives Plan and implement the adoption and development of XBRL in Spain and abroad. 6

  8. XBRL in Spain Objectives Conclusions Members

  9. XBRL in Spain Objectives Conclusions • Memberships commitment of permanence: 3 years • All the financial reporting actors represented • Regulators as catalyst since the beginning

  10. XBRL in Spain Objectives Conclusions

  11. XBRL in Spain Objectives Conclusions Domestic taxonomies development

  12. XBRL in Spain Objectives Conclusions Domestic taxonomies development

  13. XBRL in Spain Objectives Conclusions Domestic taxonomies development

  14. XBRL in Spain Objectives Conclusions Domestic taxonomies development

  15. XBRL in Spain Objectives Conclusions International taxonomies development

  16. XBRL in Spain Objectives Conclusions Jurisdiction development

  17. XBRL in Spain Objectives Conclusions • A Jurisdiction must involve all actors in the reporting progress • The taxonomies development are critical for implementation of real projects • We have a great opportunity for the next two years

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