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This overview discusses the adoption of XBRL (eXtensible Business Reporting Language) across various financial markets worldwide, including European stock exchanges, the US, China, and Japan. It highlights the voluntary filing programs of the US Federal Government, including Banking and SEC regulatory filings. The XBRL Public Sector Adoption Working Group identifies pilot projects to enhance the software's adoption. Benefits for users include sophisticated investment decision-making, improved reporting accuracy, automated data extraction, and reduced reporting cycle times, thereby streamlining business operations.
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XBRL Around The World • European Stock Exchanges • Italy • Spain • US • China • Ireland • Japan • Europe – Banking • UK • International • South Korea
XBRL Voluntary Filing Program Participants XBLR in the US Federal Government • FDIC – Bank Filings • SEC - Regulatory Filings The XBLR Public Sector Adoption Working Group is Identifying Other Pilots.
XBLR Software Adoption Benefits To Users • More Sophisticated Investment Decision Making • Straight-Through Business Reporting Processing • Increased Information Accuracy & Timeliness • Automated Ability to Compare Information • Automated Extraction • Reusable Information • Reduced Cycle Time
Software Track Agenda Afternoon Session Morning Session