Join this one-day workshop at Caesars Palace for an intensive, practical day of discussion and presentation on XBRL data, databases and opportunities for IT professionals interested in expanding their technical knowledge in the growing area of XBRL.

Thousands of US companies report their financial data in XBRL format and XBRL adoption is poised to expand into corporate actions reporting, government performance reporting and other domains. The opportunity for technologists, software companies, data providers and financial institutions is huge. Don’t miss a day of dialogue and discovery about XBRL and how you can benefit. The conference is preceded by an opening cocktail reception the evening of September 23.

Monday, September 23, 2013

5:00 PM – 6:30 PM Pre-Conference Networking Reception

Tuesday, September 24, 2013

7:30 AM – 8:45 AM Breakfast with Exhibitors
8:45 AM – 9:00 AM Opening Remarks by National Conference Advisory Committee Chair
  • Arleen Thomas, Senior Vice President of Management Accounting and Global Markets, American Institute of Certified Public Accountants (AICPA)
9:00 AM – 9:30 AM Keynote Speaker: “Structured Data for Government Reporting”
  • Darrell Issa, U.S. House of Representatives (California), Chairman of the House Committee on Oversight and Government Reform (videotape)
9:30 AM – 10:00 AM Keynote Speaker: “SEC Chief Economist View on XBRL”
  • Craig Lewis, U.S. Securities and Exchange Commission (SEC) Chief Economist and Director of the Division of Risk, Strategy, and Financial Innovation
10:00 AM – 10:30 AM Break with Exhibitors
10:30 AM – 11:00 AM Keynote Speaker: “Investor Outlook on XBRL”
  • R. Harold Schroeder, Board Member, Financial Accounting Standards Board (FASB), former Partner, Carlson Capital, L.P. (money manager)
11:00 AM – 11:50 AM Standardizing the Standard – Methods to Create Consistent, Comparable Information
Standardizing (normalizing) corporate financial data is a prerequisite to analysis. This session will provide a technical look at how data providers, large and small, handle normalization issues in both XBRL and non-XBRL data. Find out how to ensure data quality and integrity while creating comparable corporate data. Learn techniques that you can apply in your own analysis.

11:50 AM – 12:40 PM Addressing Data Quality Challenges – Approaches and Considerations

This session will cover issues in XBRL creation, interpretation of the taxonomy, handling restatements, validation, as well as specific situations that arise in managing corporate data, e.g., fiscal year changes, mergers, acquisitions. Panelists will also cover how to establish standards in how to work with specific taxonomies.

  • Alex Rapp, Co-Founder, Calcbench
  • Philip Engel, Data Architect, Lead Technologist, XBRL US
  • Herm Fischer, CEO, Mark V Systems Ltd.
12:40 PM – 1:40 PM Lunch with Exhibitors

1:40 PM – 3:00 PM Excavating the Data Consumer Eco-System: Parts 1 and 2

Data consumers come in different flavors and often have different needs. This two-part panel session discusses both: 1) the user who wants a small set of data items but needs it mashed up with other data sets, as well as historical data for time series analysis; and 2) the user who wants every line item he can get his hands on, describing the minute details of corporate performance. Experts on the XBRL and database side discuss the issues in catering to both data consumers, covering areas such as mapping to other data sets, historical data, managing granular data, normalization issues, and other technical considerations.

3:00 PM – 3:30 PM Break with Exhibitors

3:30 PM – 4:15 PM Building the Data Consumption Roadmap

Working with raw XBRL corporate data requires some massaging before analysts, investors, watchdog groups and the general public can begin actively consuming it. This session will cover the challenges ahead and what’s being done to build a roadmap to reach that goal. Approaches, progress, methodologies, tools in place and underway to help IT professionals consume XBRL data more efficiently and effectively will be discussed. Findings from the XBRL US Data Analysis Committee, a group dedicated to helping data consumers, will be presented.

4:15 PM – 5:00 PM Beyond Corporate Financials

Healthcare, government, corporate actions, GRI, CSR. XBRL initiatives are in process in many reporting domains which could lead to significant opportunities for developers and XBRL-enabled software companies. This session will discuss where structured data makes sense, as well as what’s happening legislatively and at an industry level in other reporting areas.