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XBRL International is looking for some XBRL experts, especially those who have experience with taxonomies, to join a task force to help develop and disseminate some taxonomy architecture guidance.
The nsortium’s Best Practices Board wants to develop a mprehensive guideline document for taxonomy development to ensure interoperability. The document would be targeted at those working with taxonomy architecting, especially those with limited or no knowledge of XBRL and taxonomies, to relate some mmon principles of taxonomy architecting.
Shweta Gupta, BPB member who authored the invitation to participate in the Taxonomy Architecture Guidance Task Force , writes that the guideline document would define the various taxonomies that have been built catering to various domains, mmon and key principles that define architecture of the taxonomy, and the impacts of adopting a specific structure of taxonomy. Such a document is essential given the change face of business reporting and the pace of XBRL adoption ourring worldwide, he writes.
To be suessful, the task force should nsist of national and jurisdictional taxonomy owners to assure interoperability issues are addressed, ultimately increasing the effectiveness and data re-usability of XBRL, Gupta writes. The board uld nduct a preliminary study to outline the various XBRL taxonomies created around the world, providing some high-level mparison of their architecture and properties. Gupta envisions such a study would demonstrate a need for streamlining taxonomy architecture and defining globally aepted practices for taxonomy architectures and development.
The board envisions using XBRL International’s nference in Abu Dhabi as a platform to present a paper on taxonomy diversity and the need for interoperability. Gupta also hopes to see an agreement among taxonomy owners to follow a documented approach. The 24th XBRL International nference in March will include a taxonomy summit as an attempt to have taxonomy owners and stakeholders address the need for a sustainable taxonomy infrastructure and to seek a mmitment to resources to be able to review and approve taxonomies and develop supportive documentation to ensure interoperability.
The most important goal for the task force will be to document the principles that are mmon across taxonomy profiles, identifying key factors that make the architecture work. Task force member would begin by listing various taxonomies created across XBRL adoption, then study different taxonomy architectures at the national level to create observation documents. The observations will include the task force members’ mments on the architecture, scalability, flexibility, taxonomy domain verage, etc. Observation documents will then serve as input to the ultimate TAG document.
XBRL experts interested in participating in the task force effort must e-mail tagtf@ by Jan. 20, 2012. |