Canadian XBRL Perspectives
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Advanced Data Management - From XBRL Canada
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JuLY 2017
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Up-to-date News and Information on XBRL as it affects Canada – Special
Edition
XBRL Canada Workshop – September 27,
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 - 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. This prevented most Canadian Companies from filing.
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. Now, Canadian cross-listed companies using IFRS
will be required to file their reports in XBRL.
What you will learn –
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 Eric E. Cohen, CPA, of Rochester, NY. Eric 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 BE REMOVED FROM THIS MAILING LIST, PLEASE REPLY WITH UNSUBSCRIBE IN
THE MESSAGE
Additional Information
XBRL Canada
Supported and administered by
The Chartered Professional Accountants of Canada
277 Wellington St W Toronto, Ont M5V3H2 |
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