1 / 19

BPB1: BPB Update Makoto Koizumi koizumi.makoto@jp.fujitsu Chair, Best Practice Board

21st XBRL International Conference “One Language, Common Vision: Role of XBRL Technology in the Post Crisis Era 19-21 October 2010 Beijing, China. BPB1: BPB Update Makoto Koizumi koizumi.makoto@jp.fujitsu.com Chair, Best Practice Board Fujitsu Research Institute. Overview of organization

lorin
Download Presentation

BPB1: BPB Update Makoto Koizumi koizumi.makoto@jp.fujitsu Chair, Best Practice Board

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 21st XBRL International Conference“One Language, Common Vision: Role of XBRL Technology in the Post Crisis Era19-21 October 2010Beijing, China BPB1: BPB Update Makoto Koizumi koizumi.makoto@jp.fujitsu.com Chair, Best Practice Board Fujitsu Research Institute

  2. Overview of organization • 2009 outcomes • BPB 2010 Goals and Activities

  3. Overview of organization • 2009 outcomes • BPB 2010 Goals and Activities

  4. BPB Mission Statement • BPB Mission • The XBRL International Best Practices Board (BPB) actively manages the production, dissemination, and continual improvement of products and resources that describe practices, methods, and processes for successful implementation, integration, maintenance, and usage of XBRL specifications • BPB charter can be found at: http://www.xbrl.org/BestPractices/

  5. BPB Members & Staff • Makoto Koizumi - Chair - Fujitsu Research Institute • (BPB Chair Blog - http://mk10016.wordpress.com/) • Michele Romanelli - Banca d’Italia • Ignacio (Nacho) Boixo - Bank of Spain • Richard Plotka - Data Communiqué • Yossi Newman – Deloitte • Diane Mueller – XBRLSpy Research Inc. • Hugh Wallis – XII Staff Director

  6. BPB Organization • BPB Work Plan • The BPB charter enables the BPB to charter ad hoc or permanent Practice Working Groups (PWGs) to develop work products. • The BPB has chartered three permanent PWGs and one Task Force • Taxonomy Architecture Practice Working Group (TAPWG) • Reporting Processes Practice Working Group (RPPWG) • Project Management Practice Working Group (PMPWG) • Taxonomy Recognition Task Force (TRTF) • NOTE: BPB is able to create add-hoc task force to develop specified outcomes

  7. Overview of organization • 2009 outcomes • BPB 2010 Goals and Activities

  8. BPB 2009 Outcomes • First phase of FRTA upgrade complete (RFC for FRTA 1.0) • Developed listing of world wide XBRL projects vetted through user community (RPPWG) • Developed requirements document for project • Issued Requests for Comments (RFC) on: • Taxonomy comparison framework RFC (TAPWG) • Project Management Practice Working Group (PMPWG) Intellectual Property Policy document • Element localization RFC (TAPWG) See http://www.xbrl.org/RFCs/ for more information

  9. Project Listing Database

  10. Frequently Asked Questions

  11. Overview of organization • 2009 outcomes • BPB 2010 Goals and Activities

  12. What happens in the market • Good news: • Number of XBRL projects has grown (we captured 136 projects) • Number of organizations with interest in / consider to adopt XBRL have grown • Number of taxonomies to be recognized are exploding

  13. Number of XBRL projects Number of XBRL projects in the market has grown Source: World Wide Project Listing Database

  14. BPB Opportunities • Market asks BPB to provide: • Self explanatory document to explain XBRL’s value proposition • Single point of access for market practice documents • An official group to make network between seasoned XBRL project managers and person who considering to start XBRL projects • Fine-tune Taxonomy Recognition Process • Develop FRTA 1.5 and 2.0

  15. 3 Self explanatory documents Horizontal Value Proposition of XBRL in BSRC XBRL or Custom XML IT Business Financial Supervision Reporting and XBRL Industry specific

  16. XII BPB WebsiteOur single access point • URL: http://www.xbrl.org/BestPractices/

  17. XII BPB WebsiteOur single access point • URL: http://www.xbrl.org/BestPractices/

  18. LinkedIn XBRL PM NetworkBridge between XBRL project managers http://www.linkedin.com/

  19. What we do in 2011 • TBD

More Related