Media Advisory – XBRL Canada to host Webinar discussing SEC Announcement requiring XBRL for IFRS Reporting Issuers
Toronto, Ontario - XBRL
Canada will be hosting a webinar on May 24th, 2017 to discuss the
United States Securities and Exchange Commission’s (SEC) announcement requiring
Foreign Private Issuers (FPIs) that report using International Financial
Reporting Standards (IFRS) as issued by the International Accounting Standards
Board (IASB) to file their periodic reports using XBRL.
On March 1, 2017 the SEC published a taxonomy
on its website to enable FPIs that prepare their financial statements in
accordance with IFRS to tag those reports using XBRL.
FPIs that prepare their financial statements
in accordance with IFRS as issued by the IASB may begin immediately to
submit their financial statements in XBRL. Otherwise, all such FPIs must submit
their financial statements in XBRL for fiscal periods ending on or after
December 15, 2017.
XBRL Canada will host an information session
providing an introduction to XBRL and provide an overview of the reporting
requirements for SEC Reporting Issuers affected by this announcement.
The Webinar will be held on May 24, 2017 at 2
PM ET. Registration for the event is available at http://www.newsfilecorp.com/XBRL/ifrsXBRLWebinarXBRLCanada.php
About XBRL Canada
XBRL Canada is the Canadian jurisdiction of XBRL International and
largely funded and administered by CPA Canada. The purpose of XBRL Canada is to
provide support and encouragement for the adoption of eXtensible Business
Reporting Language in Canada. XBRL is widely used around the world and
recognized as the leader in advanced electronic business and financial
reporting.
To strive towards its goals, XBRL
Canada holds seminars and webinars and issues various publications, including
its bi-monthly Newsletter. It also leads projects to test and explore XBRL
usage in various settings.
posted by Gerald Trites @ 9:33 am
0 comments
