The SEC has announced the formation of a Pilot Program involving the testing of XBRL for the coming year. They have 17 companies signed up for the program so far. Details are on the website linked here. - Press Release: 17 Companies Join SEC Pilot Program to Use 'Interactive Data' in Financial Reports; 2006-43; March 29, 2006

XBRL has been widely touted as a means to produce financial statements in machine readable format. Less publicity has been given to the development of XBRL GL - the Journal Taxonomy, a form of XBRL that can be used to link disparate systems and tag data at deeper levels in an organization. Deeper tagging makes it possible to gain greater benefits from the use of XBRL, as one of the prime advantages of tagged data is the reusablity feature - i.e. the ability to use those data for a variety of purposes. there is more information about XBRL GL in this website. GaLaPaGoS - General Ledger Practices Guide for Study

A conference at the Princton Club in New York on May 3, dealing with XML, will feature a track on XBRL, which will bring together several industry experts to discuss a range of topics on the use and implementation of XBRL. The program is at: XML for the Financial Industry 2005

ICI President Speaks at 41st Annual Mutual Funds Conference (speech), March 2006: "I'm pleased to announce today that the Institute is launching an initiative to develop that broader XBRL taxonomy for mutual fund disclosure. Building on the Commission's efforts, we hope to lay the groundwork for providing interactive mutual fund data that will serve the needs of investors and other interested parties, including the Commission itself. This is a substantial undertaking and we look forward to working with the SEC and a variety of interested groups to make it a reality."

A major event is planned for Mar 22 in San Diego, where NIRI will feature a discussion of XBRL, including its benefits for users. NIRI San Diego Event to Discuss XBRL, a Revolutionary Change in Communicating Business Information: Financial News - Yahoo! Finance

Information on how Corefiling's Intelligent Financial Statement tool works can be found at the following link: Intelligent Financial Statements � CoreFiling

In a major development, Reuters has released its financials in a format that is human readable and also incorproates XBRL tage. this format is made possible with the use of Corefiling's Intelligent Financial Statement technology. BUSINESS WIRE: The Global Leader in News Distribution

The American Enterprise Institute for Public Policy Research has run some articles on XBRL. Here's one of them. AEI - Short Publications

The growth of the use of XBRL is particularly notable in Europe. this article summarizes the reason for that and provides some additional background. IST Results - New language transforms business reporting

The 13th XBRL International Conference in Madrid has been announced and the details are available at the following link: XBRL Internacional Conference

If you want Corep news to appear on your website, here's a site where you can get the code to paste into your own site to make it happen. COREP XBRL Project