Monday, September 11, 2017

XBRL Canada Workshop – Filing in XBRL as a Foreign Private Issuer with the SEC

Date and Time - September 27, 2017, 8:30 AM – 1:00 PM

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

Presenter - Eric E. Cohen, CPA, an internationally known XBRL specialist for many years and one of the founders of the XBRL movement.

The Fee  - $50

To Register - click here for the Registration page on the XBRL Canada Website.

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. 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.


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