IFRS Taxonomy FAQ's

With Canadian companies cross listed with the SEC who are Foreign Direct Issuers being required to file in XBRL later this year, there are many questions remaining to be resolved. The SEC website has a number of helpful pages, that provide very useful information. One of the basic ones is the page on FAQ's about the IFRS Taxonomy. It is a good starting point for understanding how the taxonomy fits into the requirement. The XBRL Canada Site will continue to provide useful information and current links to the relevant pages in the SEC website.

Reminder of XBRL Canada Workshop – June 19, 2017, 8:30 AM – 1:00 PM

Reminder of XBRL Canada Workshop – June 19, 2017, 8:30 AM – 1:00 PM

Following is a copy of the original notice, which contains registration and other details.

XBRL Canada Workshop – June 19, 2017, 8:30 AM – 1:00 PM  

Filing in XBRL as a Foreign Private Issuer with the SEC 

Location – Offices of CPA Canada 9^th floor, 277 Wellington St, Toronto, Ontario

Background - Back in 2009, the US Securities and Exchange Commission (SEC) published a rule (Rule 33-9002) requiring all US domestic and foreign private issuers who submit financial reports using US GAAP or IFRS to the SEC. to provide financial statement information in XBRL (Extensible Business Reporting Language), a format intended to improve the usefulness of the reports to investors. While US GAAP filers have been providing XBRL versions of their reports for many years now, IFRS filers were unable to comply because of the lack of a supported IFRS taxonomy. 

Recent Major Event - In March, the SEC announced support of the IFRS taxonomy, a move that will affect both IFRS filers and US GAAP filers. In this session, you will learn: 

What you will learn -
1. How the SEC's support for the 2016 IFRS Taxonomy means IFRS Filers will be required to provide XBRL, and when.
2. What filers and those that support them need to know about Rule 33-9002, the EDGAR Filer Manual, and other resources to help prepare XBRL files.
3. About Inline XBRL, and plans that may impact all XBRL filers, including experienced US GAAP Filers and new IFRS Filers.

Your Presenter is an internationally known XBRL specialist who has been involved in educating the XBRL community on behalf of XBRL International, XBRL US and XBRL Canada for many years

The Fee  - $50

To Register, click here.

XBRL Canada Workshop on SEC Filing re Foreign Direct Issuers

 

Canadian XBRL Perspectives
Advanced Data Management - From XBRL Canada
	June 2017
XBRL Canada Workshop – June 19, 2017, 8:30 AM – 1:00 PM   Filing in XBRL as a Foreign Private Issuer with the SEC  Location – Offices of CPA Canada 9th floor, 277 Wellington St, Toronto, Ontario Background - Back in 2009, the US Securities and Exchange Commission (SEC) published a rule (Rule 33-9002) requiring all US domestic and foreign private issuers who submit financial reports using US GAAP or IFRS to the SEC. to provide financial statement information in XBRL (Extensible Business Reporting Language), a format intended to improve the usefulness of the reports to investors. While US GAAP filers have been providing XBRL versions of their reports for many years now, IFRS filers were unable to comply because of the lack of a supported IFRS taxonomy.  Recent Major Event - In March, the SEC announced support of the IFRS taxonomy, a move that will affect both IFRS filers and US GAAP filers. In this session, you will learn:  What you will learn -  1. How the SEC's support for the 2016 IFRS Taxonomy means IFRS Filers will be required to provide XBRL, and when.  2. What filers and those that support them need to know about Rule 33-9002, the EDGAR Filer Manual, and other resources to help prepare XBRL files. 3. About Inline XBRL, and plans that may impact all XBRL filers, including experienced US GAAP Filers and new IFRS Filers.  Your Presenter is an internationally known XBRL specialist who has been involved in educating the XBRL community on behalf of XBRL International, XBRL US and XBRL Canada for many years   The Fee  - $50 To Register, click here.  CPE Credit Given

Media Advisory: XBRL Canada to Host a Workshop for SEC Reporting Issuers

Toronto, Ontario--(Newsfile Corp. - June 6, 2017) - XBRL Canada is pleased to announce that it will be holding a Workshop on June 19, 2017 from 8:30 AM - 1:00 PM at the Offices of CPA Canada 9th floor, 277 Wellington St, Toronto, Ontario.

The Workshop will be geared towards SEC Reporting Issuers and address the SEC announcements on March 1, 2017 regarding XBRL for IFRS Reporting Issuers and the SEC announcement regarding Inline XBRL.
Rule 33-9002 of the US Securities and Exchange Commission (SEC) requires all US domestic and foreign private issuers who submit financial reports using US GAAP or IFRS to the SEC to provide financial statement information in XBRL (Extensible Business Reporting Language). While US GAAP filers have been providing XBRL versions of their reports for many years now, IFRS filers were unable to comply because of the lack of a supported IFRS taxonomy.
In March, 2016, the SEC announced support of the IFRS taxonomy, a move that brings into force the SEC rule for IFRS users.
In this session, you will learn:

1. How the SEC's support for the 2016 IFRS Taxonomy means IFRS Filers will be required to provide XBRL, and when. 
2. What filers and those that support them need to know about Rule 33-9002, the EDGAR Filer Manual, and other resources to help prepare XBRL files.
3. About Inline XBRL, and plans that may impact all XBRL filers, including experienced US GAAP Filers and new IFRS Filers. 

The workshop will be presented by an internationally known XBRL specialist who has been involved in educating the XBRL community on behalf of XBRL International, XBRL US and XBRL Canada for many years.
CPA Credit is available for this event.

To Register for this event, click here or visit http://xbrl.ca/63-slider/176-slide-4

About XBRL Canada
XBRL Canada (www.xbrl.ca)  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.
For further information, please contact: XBRL Canada, Gerald Trites, Project Director, (416) 602-3931, Email: gtrites@cpacanada.ca