Posted on Tuesday, September 18, 2007

XBRL International will be holding a global conference, December 3-6, 2007 in Vancouver, BC, to discuss convergence of business information, accounting and technology to create global standard to better communicate information used by investors, management, analysts and regulators worldwide.

The Internet has changed the way we live. Now companies and organizations are harnessing the power of the Internet to transform the way we access and understand financial data.  With millions of investors worldwide depending on their investments to provide for their retirement and a strong future for their children, the importance of making appropriate investment choices has never been more important. XBRL or interactive data makes it easier for individual investors, analysts, media, companies, regulators and stock exchanges to access and analyze the information they are considering for investment.

The 16th International XBRL Conference in Vancouver is the forum where:

  • Investors and lenders network with their peers to discuss and develop new ideas on how to increase transparency by leveraging interactive data
  • Regulators come together to share how they are improving efficiency & accuracy by using interactive data within their jurisdictions.
  • Management can hear about their peers’ successes and learn how they, too, can leverage interactive data in their own organization.
  • Accounting professionals learn how to improve client relations by integrating XBRL into their organizations and those of their clients.
  • Technology providers showcase their latest interactive data solutions.

At the 16th XBRL International Conference in Vancouver leading regulators, financial service companies, software vendors, auditors and financial analysts will be meeting to discuss global adoption & implementation of XBRL for business reporting. Tools and resources will be featured to participants to better manage mandates and improve investor transparency of financial information.

Keynote speakers at the conference include:

  • US Securities and Exchange Commission — Chairman – Christopher Cox
  • US Financial Accounting Standards Board — Chairman – Robert H. Herz
  • Wikinomics – Author — Don Tapscott
  • Sun Microsystems — Director of Web Technologies – Tim Bray
  • United Technologies Corporation – Director of Financial Reporting – John Stantial
  • Gartner Research – Research Director, Investment Services – Mary Knox
  • Kroll, Inc. – Managing Director, Forensic Accounting & Litigation Consulting – Christian Tregillis  

Attendees include:

  • CFOs & Controllers to educate their Investor Relations & Corporate Communications teams on leveraging interactive data as a means to enhance communications with analysts, investors and regulators.
  • Investors & Analysts to learn more about interactive data tools and how they can benefit from them.
  • Government agencies to learn how they will save time and money by utilizing interactive data for internal and external reporting.
  • Software vendors that are considering providing tools or want to learn more about the opportunities with XBRL.

Topics of discussion include:

  • How interactive data improves the overall quality, timeliness and accessibility of business information.
  • Why interactive data improves the flow of business information between the publishers of data (e.g., management of public and private companies, government agencies) and those who rely on and consume this data (e.g., analysts, investors, lenders, other government agencies and/or regulators).
  • What sophisticated, user friendly, interactive data tools exist today and are currently being built by technology vendors to help management, investors, analysts and regulators to more accurately analyze business information.

When: Monday, December 3, to Wednesday, December 6, 2007

Where:                     

Sheraton Vancouver Wall Centre
1088 Burrard Street
Vancouver, BC V6Z2R9
(604) 331-1000

For XBRL International Conference Information and Registration & Hotel Registration please go to: http://conference.xbrl.org/   

For more information related to the conference: please contact

Cheryl Neal at XBRL International, Inc. at 618-263-4383 (email: cherylneal@xbrl.org) or
Anne Drozd, Conference Director, at anne@achos.net

Media Contact:

XBRL International Media Relations Counsel:
David Colgren
646-536-5103
dcolgren@colcomgroup.com



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