Washington,DC,January 30,2014(Source:XBRL US)—XBRL International,the global standards anization dedicated to improving business reporting,today announced that its 2014nference,Better Data for Better Decisions,will be held in Orlando,Florida on June 9-11,2014.The nference is hosted by XBRL US,the US nsortium for business information reporting,which is a jurisdiction of XBRL International.
Regulators,acuntants and financial market stakeholders are invited to attend this 3-day event focusing on the impact of structured data in the public and private sectors.Significant global initiatives such as Standardized Business Reporting (SBR),and ernment performance reporting as envisioned in the proposed U.S.DATA Act legislation,will be presented.The program will also emphasize efficiency gains and risk rction in rporate actions processing and bank regulatory reporting,important areas where XBRL is enhancing the reporting process.
SBR programs—ernment-led initiatives designed to rce regulatory burdens by allowing for simplified reporting through agreed definitions—are currently in place in the herlands and Australia,and in the planning stages in several other untries.In the U.S.,the DATA Act is a significant piece of legislation proposing the use of structured data for all ernment performance reporting.Discussion of these programs will present both the business and technical perspective through implementation case studies vering results,lessons learned and future plans.
"ernment data llection and regulatory reporting in the U.S.is extremely fragmented,which is needlessly driving up sts and rcing the effectiveness of ernment.Structured data reporting can significantly improve ernment programs,rce sts and increase the effectiveness of regulatory mandates,"said Philip Moyer,SVP and Managing Director,Technology,at Safeguard Scientifics,who is also Chair of the XBRL International nference Advisory mmittee,"This program will be an extremely valuable forum for regulators,ntractors,and policy makers to llaborate on the many lessons that have been learned from active ernment reporting initiatives."
"nference attendees will walk away with critical information on suessful implementations around the world,upled with technical skills that can be put to immediate use,"said John Turner,CEO,XBRL International."This is the first international XBRL nference being held in the US since the implementation of XBRL for SEC reporting.Now is a key time to examine how the improvements structured data is bringing to business reporting across the globe,can be applied to ernment performance reporting,rporate actions and banking in the US and abroad."
Who should attend?Regulators and other policy makers,IT professionals and technologists,ernment ntractors,securities processors,investment data analysts and data aggregators will benefit.Learn more and register atnference.xbrl..Media representatives should ntact media-info@xbrl. for mplimentary media passes.
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