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XBRL EU BR
Thursday 31st September 2011
XBRL Europe Meetings – Madrid
Thomas Verdin
1
xEBR Working group – xEBR Working group – the usual reminderthe usual reminder
Purpose increase the coordination and interoperability for XBRL efforts and taxonomies for European Business Registrars and company information providers
Scope all economic and legal data for companies operating or registered in the European Union : company ID, annual accounts, other economic & legal data
Deliverables overview of existing material, common & best practices, generic taxonomies and all other exchanges between members about XBRL
24/02/11
FIRST DRAFT
The directive aimed at improving access to up-to-date and trustworthy information on companies
XBRL Europe and our
Working Group
contributed to the
discussion on the draft
document:
3
European DirectiveEuropean Directive
11/05/12
ADOPTED BY
THE COUNCIL
On 10 May 2012, the Council of the European Union adopted a directive setting up a system for the interconnection of central, commercial and companies registers
5/12 and 9358/12 ADD1
Still to discuss:
Implementations
Acts
Our Working topicsOur Working topics
On going
To do
Share on Business
Registers Official Document
Focus on Our requirements Focus on Our requirements on comparabilityon comparability
5
1. Cross Border Ratio
2. Cross Border display for analysis and comparison
Local Concept
xEBRConcept
LocalConcept
Caption:
XBRL Concept
Caption:
XBRL BLOC
Definition links
Présentation links
Calculation links
Focus on Core Reference Focus on Core Reference taxonomy updatestaxonomy updates
PersonnThe xEBR taxonomy is used as the reference. ISO code: ISO5218
Business
LocationISO code used: ISO10160
This afternoon (program)This afternoon (program)
Our working group program (13:30 - COB. Board room)
•Business registers’ latest news
•Update on our working topics :•Directive on interconnection of Business Registers•AMTF, Interoperability task force•Monnet program•ISA, Core vocabulary group
•xEBR and IFRS connections
