RegulationAccounting StandardsIASB appoints XBRL council

IASB appoints XBRL council

IASC Foundation appoints members to its inaugural XBRL advisory council and quality review team

The
Trustees
of the International Accounting Standards Committee
(IASC) Foundation has
announced the inaugural membership of the
extensible business reporting
language
(XBRL) advisory council and XBRL quality review team.

The XBRL advisory council will provide strategic advice to the trustees and
the foundation’s XBRL team on the future development and adoption of the XBRL
taxonomy for International Financial Reporting Standards (IFRSs). It will meet
for the first time in December 2007.

Big Four representatives include Chris Rogers, KPMG LLP partner and XBRL-UK
chair, and Bruno Tesniere, PricewaterhouseCoopers (PwC) audit partner, France,
and PwC Global XBRL joint leader, on the XBRL advisory council; and Josef
Macdonald, Ernst & Young Global associate director in international auditing
and assurance standards on the XBRL quality review team, which will help to
assure the quality of XBRL taxonomy by reviewing taxonomies developed by the
IASC Foundation. It will meet in January 2008.

Representatives of the US Securities and Exchange Commission, the Japan
Financial Supervisory Agency, the European Commission and XBRL International
will also join the XBRL advisory council as observers

Further reading:

Like it or lump it, the IASB is unstoppable

IASB seeks overseer for its decisions

Related Articles

Demystifying GDPR for accountants

Accounting Standards Demystifying GDPR for accountants

5m Ellen Temperton, Lewis Silkin
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

6m Emma Smith, Managing Editor
The great professional services shake-up

Accounting Standards The great professional services shake-up

7m Fergus Payne, Lewis Silkin
What do clients actually want from an accountant?

Accounting Standards What do clients actually want from an accountant?

8m Emma Smith, Managing Editor
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

Accounting Standards Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

9m Alison Conley
Membership of the accountancy profession on the rise

Accounting Standards Membership of the accountancy profession on the rise

9m Alia Shoaib, Reporter
The real price of mates' rates in the provision of professional services

Accounting Standards The real price of mates' rates in the provision of professional services

10m DAC Beachcroft
IASB overhauls insurance accounting with issuance of IFRS 17

Accounting Standards IASB overhauls insurance accounting with issuance of IFRS 17

11m Alia Shoaib, Reporter