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XBRL

XBRL (eXtensible Business Reporting Language) is an emerging XML-based standard to define and exchange business and financial performance information. The standard is governed by a not-for-profit international consortium (XBRL International Incorporated) of more than 300 organisations, including regulators, government agencies, intermediaries and software vendors. read more on www.xbrl.org

Taxonomies

  1. View IFRS-GP-2005-05-15 taxonomy in: English Dutch German

  2. View IFRS-GP-2006-08-15 taxonomy in: English Dutch German French

An XBRL taxonomy is a description and classification system for the contents of financial statements and other business reporting documents according to XBRL language specification. The IASC Foundation Constitution stated objectives to build a taxonomy are:

  1. to develop, in the public interest, a single set of high quality, understandable and enforceable global accounting standards that require high quality, transparent and comparable information in financial statements and other financial reporting to help participants in the world's capital markets and other users make economic decisions;
  2. to promote the use and rigorous application of those standards;
  3. in fulfilling the objectives associated with (a) and (b), to take account of, as appropriate, the special needs of small and medium-sized entities and emerging economies; and
  4. to bring about convergence of national accounting standards and International Accounting Standards to high quality solutions. read more on www.iasb.org

The Dutch Taxonomy Project

The Dutch government intends to reduce the administrative burden of businesses with 25 percent. One of the projects to realise this reduction is a joint effort of the Ministry of Finance and the Ministry of Justice to use eXtensible Business Reporting Language (XBRL). This Dutch Taxonomy Project will moderate and facilitate developments in certain financial reporting chains. Within the Dutch Taxonomy Project the Dutch Taxonomy will be drafted through several sub-projects, executed by stakeholders, to enable the drafting and provision of tax declarations, annual reports and economic statistics. read more on NTP-site

News

Trintech to Present Webinar on the Benefits of Embedding eXtensible Business Reporting Language (XBRL) (08 Feb)

What: Webinar - "Global XBRL Compliance: The 'Built-In' Approach to Drive Benefits"When: Thursday, February 25, 1:30 pm CSTPresenters: David Taylor (Vice President of Strategy, Trintech)Chethan Gorur (Director of Interactive Data, Trintech and Chairman Designate, XBRL International Standards Board)Mike Willis, CPA (Partner, PricewaterhouseCoopers and Chairman, XBRL International)Registration ...

Trintech to Present Webinar on the Benefits of Embedding eXtensible Business Reporting Language (XBRL) (08 Feb)

DALLAS, SAN ANTONIO, DUBLIN, and LONDON, February 8 /PRNewswire/ -- - Focus is on How Enterprise Customers Can Avoid IT Maintenance and Associated Costs to Focus on their Core Business Competencies Trintech Group Plc (Nasdaq: TTPA), a leading global provider of integrated financial governance, risk management and compliance software solutions, announced that it would be presenting a webinar on ...

Trintech to Present Webinar on the Benefits of Embedding eXtensible Business Reporting Language (XBRL) (08 Feb)

Trintech Group Plc , a leading global provider of integrated financial governance, risk management and compliance software solutions, announced that it would be presenting a webinar on February 25 entitled Global XBRL Compliance: The "Built-In" Approach To Drive Benefits.

Financial Accounting Foundation to Maintain XBRL Taxonomy for U.S. GAAP (05 Feb)

NORWALK, Conn.----The Financial Accounting Foundation today announced its new responsibility for the ongoing maintenance of the U.S. GAAP Financial Reporting Taxonomy applicable to public issuers registered with the U.S.

APB ISSUES GUIDANCE FOR AUDITORS ON XBRL TAGGING OF INFORMATION IN AUDITED FINANCIAL STATEMENTS (05 Feb)

The UK Auditing Practices Board (APB) of the FRC has this week issued guidance for auditors where financial statements have been tagged for XBRL purposes.

DOUBLE ENTRIES 16.03 (04 Feb)

Advert Cass Business School London has a prime London location and excellent industry links. We offer a wide choice of Specialist Masters Finance Courses including: MSc in International Accounting & Finance, MSc in Finance, MSc in Investment Management, MSc in Banking & International Finance, MSc Finance and Investment and MSc in Real Estate Investment We hold regular information sessions, why ...

Payments Industry CEO's Speak Out on "What's Next" (04 Feb)

BOSTON----CEO’s from the leading players across the payments spectrum describe “what’s next” in payments to David Evans, Founder, Market Platform Dynamics and author of Paying with Plastic in an exclusive PYMNTS.com feature.

IAASB Staff Issues Q&As to Raise Awareness of XBRL Uses in Business Reporting (03 Feb)

January 20, 2010 (SmartPros) Recognizing the growing international use of Extensible Business Reporting Language (XBRL) - a language for the electronic communication of business and financial data that is changing business reporting around the world - the staff of the International Auditing and Assurance Standards Board (IAASB) has developed a new question-and-answer publication.

EDGAR Online to Report Fourth Quarter Results and Host Conference Call on Wednesday, February 10, 2010 (02 Feb)

NEW YORK, Feb. 1 /PRNewswire-FirstCall/ -- EDGAR® Online, Inc. (Nasdaq: EDGR) announced today that the company will release its financial results for the fourth quarter ended December 31, 2009, on Wednesday, February 10, 2010 after the U.S.

EDGAR Online to Report Fourth Quarter Results and Host Conference Call on Wednesday, February 10, 2010 (01 Feb)

EDGAR® Online, Inc. announced today that the company will release its financial results for the fourth quarter ended December 31, 2009, on Wednesday, February 10, 2010 after the U.S. capital markets close.  On the same day at 5:00 p.m.

New global accounting standard will require IT conversion (08 Feb)

CIOs have a new acronym to learn -- and fast: IFRS.

Toromont Announces Results for the Fourth Quarter and Full Year 2009 (08 Feb)

TORONTO, ONTARIO--(Marketwire - Feb. 8, 2010) - Toromont Industries Ltd. (TSX:TIH) today reported financial results for the fourth quarter and full year ended December 31, 2009. Revenues declined 26% from the records set in the fourth quarter of 2008, reflecting weaker economic conditions. Earnings per share were $0.48 in the quarter compared to $0.76 in the fourth quarter of 2008. R

Toromont Announces Results for the Fourth Quarter and Full Year 2009 (08 Feb)

TORONTO, ONTARIO-- - Toromont Industries Ltd. today reported financial results for the fourth quarter and full year ended December 31, 2009. Revenues declined 26% from the records set in the fourth quarter of 2008, reflecting weaker economic conditions.

Toromont Announces Results for the Fourth Quarter and Full Year 2009 (08 Feb)

TORONTO, ONTARIO--(Marketwire - 02/08/10) - Toromont Industries Ltd. (TSX: TIH - News ) today reported financial results for the fourth quarter and full year ended December 31, 2009. Revenues declined 26% from the records set in the fourth quarter of 2008, reflecting weaker economic conditions. Earnings per share were $0.48 in the quarter compared to $0.76 in the fourth quarter of 2008. Revenues ...

Magma Energy Announces HS Orka's Release of Year End Financial Results (08 Feb)

(All production figures are approximate)

The Spirit Of Accounting: Fortress LIFO is crumbling: It's about time (08 Feb)

Since 1939, when the Tax Code's treatment of inventory was modified to permit LIFO, managers and accountants have faced a tri-lemma in that they have to choose among FIFO, LIFO and average flow assumptions.

Magma Energy Announces HS Orka's Release of Year End Financial Results (08 Feb)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - 02/08/10) - Magma Energy Corp. (TSX: MXY - News ) reports that Icelandic geothermal company HS Orka hf, held 41% by Magma, today released its audited financial and operating results for the year ended December 31, 2009. These results may be accessed at: http://www.hsorka.is/English/HSCompanyInfo/HSCompanyAnnualStatements.aspx ...

Brookfield Infrastructure Partners Announces Year-End 2009 Results (08 Feb)

Quarterly Distribution Increased by 3.8% to US$0.275 per Unit

Brookfield Infrastructure Partners Announces Year-End 2009 Results (08 Feb)

HAMILTON, BERMUDA--(Marketwire - 02/08/10) - Brookfield Infrastructure Partners L.P. (the "Partnership") (NYSE: BIP - News ) (TSX: BIP.UN - News ) today announced its results for the year ended December 31, 2009, as well as those of its subsidiary, Brookfield Infrastructure L.P. (together with its subsidiaries "Brookfield Infrastructure")(1). Adjusted net operating income ("ANOI")(2) for ...

Nigeria : Lack of Investor Education Encourages Sharp Practices--Oteh (08 Feb)

Lagos — The Director General of the Securities and Exchange Commission (SEC), Ms Arunma Oteh has taken a critical over view of the nation's capital market operations regretting that capital market regulation in the country has been weak especially in the past two years.

Dow closes below 10,000 for first time in 3 months (08 Feb)

(AP:NEW YORK) The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.

Dow closes below 10,000 for first time in 3 months (08 Feb)

NEW YORK - The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe. The Dow, down almost 104 points, had its 10th triple-digit move in 16 trading days. Shares of big banks pulled the market lower, extending a slump that has led to four straight weekly losses. Mounting deficits in weaker European economies ...

AIG Hires Hancock to Oversee Risk, Derivatives Unit (Update3) (08 Feb)

Feb. 8 (Bloomberg) -- American International Group Inc. named Peter Hancock , described by a former employer as an “architect” of the derivatives business, to oversee finance and risk, including the insurer’s money-losing credit-default swap unit.

New Financial Management Series to be offered (08 Feb)

A new Financial Management Series will be offered through the Small Business Development Center and Continuing Education at the University of Wisconsin-Eau Claire.

$1.6M ad campaign on tax changes, including HST (08 Feb)

Ontario's controversial move to harmonize sales taxes will be part of a new $1.6-million government ad campaign that's poised to hit the newsstands on Thursday.

CA-BUSINESS Summary (08 Feb)

TORONTO (Reuters) - Ontario pensioners of Nortel Networks Corp said on Monday they can rest easier after the provincial government pledged to provide funds that will help top up their modest payouts from the failed telecoms equipment giant.

St. Mary's marketing students analyze Super Bowl ads (08 Feb)

As always, there's as much talk Monday about Super Bowl ads as there is about the big game itself.

U.S. Stocks Retreat on Concern Europe Finances to Hurt Recovery (08 Feb)

Feb. 8 (Bloomberg) -- U.S. stocks slid and the Dow Jones Industrial Average closed below 10,000 for the first time since November amid concern that deteriorating European government finances will derail the economic recovery.

Dickey-Stephens Park heads to fourth year (08 Feb)

The Travelers have been playing baseball in North Little Rock for three years now and when the season starts in April, things will be a little different for the park’s fourth season.

(AFX UK Focus) 2010-02-08 22:46 UPDATE 3-MOVES-Piper Jaffray, Sandler O'Neill, BLP (08 Feb)

(Adds Sandler O'Neill, Wilson Sonsini Goodrich & Rosati, Bell Investment Advisors and OneChicago) Feb 8 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, send an email to moves@thomsonreuters.com.

SAS 70 Type II Audit Boosts NetDepot's Data Center Offering (08 Feb)

NetDepot, a leader in dedicated and cloud hosting, announced it has successfully completed its Statement of Auditing Standard No. 70 Type II certification, which confirms that NetDepot delivers fully secure and reliable, high quality operating standards in its data center operations.

SAS 70 Type II Audit Boosts AtlantaNAP's Premium Data Center Offering (08 Feb)

AtlantaNAP, a premier colocation data center, announced it has successfully completed its Statement of Auditing Standard No. 70 Type II certification, which confirms that AtlantaNAP delivers fully secure and reliable, high quality operating standards in its data center operations.

Internal Auditors Urged to Heed New SEC Proxy Disclosure Rules (08 Feb)

Altamonte Springs, Fla. The SEC’s recently issued proxy disclosure rules provide chief audit executives with opportunities to help companies improve their governance and risk management practices, according to the Institute of Internal Auditors.

Kansas City-based Adams-Gabbert Acquires South Dakota-based Milo Belle (08 Feb)

Adams-Gabbert & Associates, LLC, an Operational Improvement Management Consulting company, today announced the acquisition of Milo Belle Consultants, LLC a Governance, Risk, and Compliance firm with complimentary services.

Reeves + Neylan Select UK Based Audit 2 Ltd To Support Their New Technology Auditing Services (08 Feb)

LONDON----Reeves + Neylan, winners of the 2009 Accountancy Age Awards “Best Large Firm of the Year” have announced that their pioneering technology audit services are now backed by the UK based software company Audit2 Ltd and their AdaptiveGRCTM product suite.

Main Line Business News (08 Feb)

Karen P. Gaster named Rubin Fortunato shareholder

Tech Data Partners With TechTurn To Offer Hardware Recycling, Refurbishing Services (08 Feb)

CLEARWATER, Fla.----Tech Data Corporation , a leading IT products distributor, today announced a services distribution agreement with TechTurn, a leader in technology recycling, refurbishing and remarketing.

Michael R. Parks and Michael J. Tower Join True Partners Consulting's Board of Directors (08 Feb)

True Partners Consulting is pleased to announce the election of Michael R. Parks and Michael J. Tower to the company's Board of Directors. "We are very excited about these additions to our Board," stated Cary McMillan, President and Chief Executive Officer of True Partners. Â "Their experience, diverse backgrounds and outstanding leadership in the professional services field will be a tremendous ...

ClearTrial Selected to Provide Methodologies for Accurately Forecasting and Budgeting Clinical Spend and Integrated ... (08 Feb)

Two members of the ClearTrial clinical services team to present the critical processes that comprise a more accurate forecast and budget discipline across clinical development departments.

Anger fuels rush of candidates (07 Feb)

Voters are angry. And the most audacious among them are deciding they can help fix the country.

Cyber-Ark Software Webinar: "Governed File Transfer That Drives Your Business" (08 Feb)

NEWTON, Mass.----Cyber-Ark® Software, the leading global software provider for protecting critical applications, identities and information, today announced that it will host the webinar, “Governed File Transfer That Drives Your Business,” on February 10 from 2:00 – 3:00 p.m.

Banco Santander Chile Announces 4Q09 and 2009 Earnings (06 Feb)

/PRNewswire-FirstCall/ -- Banco Santander Chile (NYSE: SAN; SSE: Bsantander) announced today its unaudited results for the fourth quarter of 2009. These results are reported on a consolidated basis ...

Banco Santander Chile Announces 4Q09 and 2009 Earnings (05 Feb)

SANTIAGO, Chile, February 5 /PRNewswire/ -- Banco Santander Chile (NYSE: SAN; SSE: Bsantander) announced today its unaudited results for the fourth quarter of 2009. These results are reported on a consolidated basis in accordance with Chilean GAAP(1) in nominal Chilean pesos.

ProCredit Banks in Bosnia-Herzegovina, Kosovo (05 Feb)

Fitch Ratings-London-05 February 2010: Fitch Ratings has today affirmed the ratings of the ProCredit Banks in Bosnia&Herzegovina and Kosovo, as follows: ProCredit Bank (Bosnia&Herzegovina) (P...

Temple trusts chant new investment mantras (05 Feb)

Temple and charitable trusts have always been insulated from recession. Where India Inc may have been struggling to meet sales and profit targets each quarter, these trusts seem to have no problem growing their top- and bottom lines.

PRESS RELEASE:Fitch:ProCredit Banks in Bosnia-Herzegovina, Kosovo (05 Feb)

PRESS RELEASE:Fitch:ProCredit Banks in Bosnia-Herzegovina, Kosovo

BFSI Industry In North America - IT Market Assessment - New Market Report Published (05 Feb)

The banking industry in the US has been hit hard by the sub-prime crisis, which has resulted in huge losses thereby bringing the world's largest economy on the verge of recession.

Book Argues that Past Reactions to Crises are Inappropriate in the New World of Finance. (05 Feb)

As the banking world attempts to recover from the recent crisis, PWC Director of Risk, Tsuyoshi Oyama, outlines effective risk management strategies that will help to prevent the re-occurrence of such disasters.

G7 Finance Meeting Must Resist Bankers’ Backlash (05 Feb)

Brussels, 4 February 2010 (ITUC OnLine): The meeting of G7 Finance Ministers in Iqaluit, Canada, this week needs to press ahead on financial regulation and restructuring of banks, as powerful global financial interests step up their fight against reform.

TRUSTEES APPOINT TWO LEADING FINANCIAL EXECUTIVES TO THE IASB (04 Feb)

Dr König and Mr Scott will begin their five-year terms as full-time members of the IASB in July and October 2010 respectively. Dr König has served as a senior financial executive in the insurance industry.