Thursday June 28, 2012
12:00 - 4:30 PM GMT
XBRL is a major change to the corporate reporting landscape. We would like to invite you to the public launch of Report Authority – a new breed of XBRL accounts production tools, and not just hear how XBRL is impacting businesses like yours, but also how they are meeting the challenge.
XBRL compliance is seen by many as a regulatory burden, causing disruption to existing processes and expense for the business with little or no perceived value. To date, it has been typical for UK companies to have either acquired third party conversion services, or adopted some form of software solution as a temporary stopgap until more integrated and cost effective XBRL accounts production tools become available.
Working closely with regulators in the UK, Europe and US, Report Authority (HMRC approved) is setting new standards in achieving benefits for filers in the way the pioneers of the XBRL standards had envisaged it to be used.
With expert speakers from FSN and Deloitte covering companies’ responses to the HMRC challenge as well as information on impending global XBRL mandates, and from an open discussion with your peers, this day promises to be both informative and insightful. In addition, we are grateful to representatives from Companies House agreeing to join us, and sharing their outlook on the subject.
The agenda for the event is:
12:00 – 12:15 Registration
12:15 – 12:30 Welcome
12:30 – 13:00 How companies have reacted to the HMRC XBRL mandate (Gary Simon, Editor FSN)
13:00 – 13:45 Lunch and networking
13:45 – 14:30 Report Authority Demonstration
14:30 – 14:45 Case Study
14:45 – 15:00 Break
15:00 – 15:45 Future XBRL mandates and regulations to impact global companies (Josef Macdonald, Deloitte)
15:45 – 16:00 XBRL and Companies House filings (Jack Mansfield, Companies House)
16:00 – 16:30 Panel Discussion
Josef is a director at Deloitte London, specializing in XBRL. Josef has over 10 years experience initiating and leading XBRL regulatory and filer projects around the world. Prior to working with Deloitte, Josef was Ernst & Young’s Global leader of XBRL. He is one of the world’s most experienced XBRL taxonomy developers. Josef was the XBRL Team Leader at the IASB (2003-2007). In this role, Josef introduced XBRL to the Board and Trustees and co-founded the IASB/IFRS Foundation’s XBRL Team, which he led from its inception.
Gary Simon is Group Publisher of FSN Publishing Limited and Managing Editor of FSN Newswire. He is a graduate of London University, a Fellow of the Institute of Chartered Accountants in England and Wales and a Fellow of the British Computer Society with more than 27 years experience of implementing management and financial reporting systems. He is the author of four books, many product reviews and whitepapers and as a leading authority on the financial systems market is a popular and independent speaker on market developments. Formerly a consulting partner in Deloitte for more than 16 years, he has led some of the most complex information management assignments for global enterprises in the private and public sector. He led Deloitte’s UK XBRL Task Force during the early nineties.