Agenda & Presentations
Tuesday, July 28
1:00 – 2:00 pm
Registration
2:00 – 4:00 pm
Project Overview Presentations: US, Japan
Experts in business and technology will present details on XBRL and XML development projects in their home countries. Projects will include:
- US: GAAP development, mutual fund risk/return summary, credit rating agencies, corporate actions
- Japan: Tokyo Stock Exchange
Speakers:
Campbell Pryde, Chief Standards Officer, XBRL US
Makoto Koizumi, Senior Consultant, Fujitsu Research Institute
Presentation Material:
4:00 – 5:00 pm
XBRL US Intern Presentation
Presentation Material:
8:00 – 9:00 am
Registration
9:00 – 9:30 am
Opening Remarks: Michael Travis, Chief Operating Officer and Board of Directors, Hitachi Information & Telecommunication Systems Global Holding Company
9:30 – 11:00 am
Case study: XBRL and Corporate Actions to Reduce Costs, Streamline Process
This session will examine the complexity of corporate events processing today, how data standards are currently used and how XBRL can resolve the issue. A draft taxonomy for a corporate actions merger event will be presented along with the plan to build this out going forward. Audience discussion is encouraged.
Speakers:
David Hands, Director, Product Development, The Depository Trust & Clearing Corporation
Max Mansur, Global Market Manager, Custodians and Asset Servicing SWIFT
Karla McKenna, Director, Citi
Campbell Pryde, Chief Standards Officer, XBRL US
Presentation Material:
11:00 – 11:30 am
Networking Break
11:30 – 12:45 pm
Case Study: Convergence of Taxonomies for Financial Reporting
Expert panellists involved in the US, IFRS and Japanese GAAP taxonomies will consider similarities and differences in the scope, content, architecture, and underlying processes of developing taxonomies for financial reporting. The panellists will then examine strengths and weaknesses of potential mechanisms to enable the convergence of these taxonomies. Audience discussion is encouraged.
Speakers:
Josef Macdonald, XBRL Lead, Ernst & Young Global
Campbell Pryde, Chief Standards Officer, XBRL US
Makoto Koizumi, Senior Consultant, Fujitsu Research Institute
Maciej Piechocki, XBRL Technology Project Manager, IASC Foundation
Presentation Material:
12:45 – 2:00 pm
Networking Lunch
2:00 - 3:30 pm
Taxonomy Maintenance Workshop
The objective of this session is to give participants an overview of the XBRL taxonomy change process and tools, and give them the ability to change taxonomies with sample change requests. Panel leaders will present an introduction of the taxonomy change management process used by XBRL US and in Japan. The hands-on portion of the program will provide examples of the US GAAP Taxonomy and EDINET Taxonomy. Note: A laptop and at least one XML editing tool must be brought by attendees.
Speakers:
Makoto Koizumi, Senior Consultant, Fujitsu Research Institute
Phillip Engel, Director, Goffengel Consultants
Presentation Material:
3:30 – 4:00 pm
Networking Break
4:00 - 5:15 pm
Discussion Panel: Versioning Challenges and Possible Solutions
This session will cover examples of versioning in practice around the world, including business requirements, proposals on how to handle versioning from XBRL International, standards development and solutions.
Speakers:
John Turner, CEO, CoreFiling
Campbell Pryde, Chief Standards Officer, XBRL US
Maciej Piechocki, XBRL Technology Project Manager, IASC Foundation
Presentation Material:
8:15 – 8:45 am
Breakfast
8:45 – 10:15 am
Discussion Panel: Tagging Approaches to Developing XBRL Documents
Attendees will see presentations covering three different ways to tag: dragging data onto a template, dragging meta data into a document and building mapping logic into reporting systems. Discussions will cover the pros and cons of each approach.
Speakers:
Ted Stavropoulos, Director of Business Development, Rivet Software
Piyush Mehta, Partner, SimpleX Data Technologies
Presentation Material:
10:15 - 10:30 am
Networking Break
10:30 – 11:00 am
Speaker:
Steve Wright, Director of Innovation, Salesforce.com Foundation
Topic - Impact Investing
11:00 – 12:00 pm
Discussion Panel: Best Practices and Current Approaches for Rendering XBRL
This session will include presentations from Rivet Software, Fujitsu America, Q4 Web Systems, and JustSystems. Rendering is literally in the eye of the beholder, how preparers and consumers wish to present and review their financial content is a multifaceted challenge. In this session, panelists will discuss current approaches and discuss emerging best practices for preparing and rendering XBRL content.
Speakers:
Diane Mueller, VP, XBRL Development, JustSystems
Masatomo Goto, Manager, Fujitsu
Darrell Heaps, President and CEO, Q4 Web Systems, Inc.
Ted Stavropoulos, Director of Business Development, Rivet Software
Presentation Material:
12:00 – 1:00 pm
Networking Lunch
1:00 – 2:00 pm
Discussion Panel: Managing Data Consistency
This session will describe the potential problems in XBRL creation for preparers, regulators and end users of data and one initiative that seeks to remedy these issues.
Speakers:
John Turner, CEO, Corefiling
Campbell Pryde, Chief Standards Officer, XBRL US
2:00 – 2:30 pm
Networking Break
2:30 - 4:00 pm
Discussion Panel: Database and Business Intelligence
This session will cover the specific challenges in storing, querying and retrieving XBRL documents. The very promise of XBRL is to provide comparability across documents. Until now, the standard approach has been to shred the XBRL into a standard relational database, or attempt to leverage an XML data store. This panel will provide the developer’s and vendor’s perspective on the state of the art of XBRL database storage and business intelligence approaches.
Speakers:
Steve Levine, Chief Marketing Officer, UBmatrix
Ivy Li, Morningstar
Karen Hsu, Informatica
Mark Drake, Oracle
Presentation Material: