GLG Repository

XBRL and Red Tape Reduction Initiatives in Canada – SBR Webinar June 7, 2010

Gianluca Garbellotto — Thu, 03 Jun 2010 02:58:41 +0000

Following recent announcements by the Canadian Government on the formation of a Red Tape Reduction Commission to consider ways of reducing the cost of compliance for businesses, XBRL Canada will hold a webinar on June 7, 2010 at 4:00pm EDT on how XBRL and the Standard Business Reporting (SBR) model can help. The webinar includes a [...]

AICPA White Paper: Impact of the Transition to IFRS on IT Systems – XBRL Can Help

Gianluca Garbellotto — Fri, 07 May 2010 14:11:59 +0000

The white paper “Financial Systems Considerations in IFRS Conversion Projects” recently published by AICPA is available here. it includes considerations on: Background of IFRS and Information Technology (IT) impact when converting to IFRS Key differences between IFRS and US GAAP and the impact to financial/business reporting Implementation considerations Learning from the European experience A use [...]

SBR Blog Officially Launched

Gianluca Garbellotto — Thu, 01 Apr 2010 05:53:05 +0000

The Australian Standard Business Reporting Program has now an official blog – see the press release here.

Why Should I Even Consider Using XBRL For More Than I Am Required To?

Gianluca Garbellotto — Tue, 12 Jan 2010 04:42:28 +0000

In the last few months I wrote three columns in IMA‘s Strategic Finance magazine discussing three different approaches to XBRL implementation for regulatory compliance: the Bolt-on, Built-in and Deeply Embedded approach. I received a number of questions from readers, and the title of this post reflects the one that was by far the most recurrent. XBRL [...]

XBRL GL WG Outreach Call: The New XBRL GL Public Draft – Webcast Now Available

Gianluca Garbellotto — Tue, 05 Jan 2010 15:44:44 +0000

The webcast of the December 10, 2009 XBRL GL Working Group outreach call is now available in GaLaPaGoS. Eric E. Cohen (PricewaterhouseCoopers), Toshimitsu Suzuki (Fujitsu) and myself introduce the new Public Working Draft of the XBRL GL taxonomy, the new architecture designed to cater for labels in multiple languages and the newly added Japanese labels. A [...]

No XBRL For Once

Gianluca Garbellotto — Mon, 28 Dec 2009 00:46:20 +0000

I usually write about XBRL, and XBRL only. Not because XBRL is the only thing that is on my mind, as I am sure some think. I just assume that people that visit this blog do so because they have an interest in XBRL, and not in my personal ramblings. Now, I also assume that [...]

XBRL Implementation Strategies: The Deeply Embedded Approach, Strategic Finance, November 2009

Gianluca Garbellotto — Thu, 26 Nov 2009 11:49:21 +0000

My fourth and final article in the XBRL Implementation Strategies series – published in the November issue of IMA’s Strategic Finance magazine – discusses the “deeply embedded” approach to XBRL implementation. This approach is about extending the benefits of XBRL in terms of significant efficiencies and cost savings in any process based on data integration, aggregation, [...]

XBRL GL PLDPRC

Gianluca Garbellotto — Sat, 17 Oct 2009 03:27:23 +0000

Yesterday during the monthly – well OK, it is not monthly, it is periodic - XBRL GL Working Group outreach call I gave a presentation on one of the next big things in the implementation of XBRL for internal use: XBRL GL Profiles for Labels, Documentation, Presentation, Rules and Constraints, aka XBRL GL PLDPRC. XBRL GL [...]

Next XBRL International Conferences – Save the dates!

Gianluca Garbellotto — Fri, 16 Oct 2009 13:33:34 +0000

I certainly plan to be there and help telling the “other” XBRL story: how businesses can leverage XBRL to achieve significant efficiencies and cost reductions in key internal processes – data integration and exchange, (continuous) auditing/monitoring, business intelligence just to name a few. And yes, to comply with XBRL regulatory mandates more efficiently and effectively along the way.

SBR Linking Specification – SBR-LS

Gianluca Garbellotto — Fri, 02 Oct 2009 14:04:14 +0000

Yesterday Harm Jan van Burg, the Program Director of the Standard Business Reporting Program in the Netherlands, and I gave a presentation to UN/CEFACT’s TBG17 about SBR-LS, a specification that I have been working on in the last few months and that will be submitted to the UN/CEFACT’s Core Components Library by the end of this year. [...]