XBRL US' Detailed Tagging Workshop Announced to Meet Increasing Demand for XBRL Expertise

WASHINGTON, Jan. 9, 2012 /PRNewswire/ -- XBRL US, the national consortium for XBRL business information reporting, announced today that it will conduct a one-day workshop focusing on detailed footnote tagging which all public companies must provide in their XBRL submission this year per the XBRL mandate set by the U.S. Securities and Exchange Commission (SEC). 

Larger companies in the first and second phases of the SEC rollout of XBRL have now provided at least one XBRL submission using detailed footnote tags.  This workshop will instruct them in best practices, how to refine their control and review process, and help them prepare for the imminent discontinuation of the SEC's limited liability provision on XBRL documents.  Smaller companies in the third phase of the SEC rollout will be providing detailed footnote tags for the first time this year.  This workshop will provide them with the building blocks to understand how to tag levels 1 – 4 of detailed footnote content with specific footnote examples including debt, segments, acquisitions, income tax and AOCI roll-forwards.

What:  Interactive sessions with roundtable discussion and in-class exercises mean attendees walk away with:

• Thorough understanding of the US GAAP Taxonomy
• Knowledge of the proper controls and review process
• Best practices in XBRL formatting for SEC reporting
• 10 CPE credits

When:  May 23, 2012, 8:30 am to 5:30 pm ET

Where:  William and Anita Newman Vertical Campus Conference Center (Baruch College, CUNY), One Bernard Baruch Way (55 Lexington Ave. at 24th St.), New York, NY 10010.  To register, go to: http://xbrl.us/DFTworkshop

Who:  The top XBRL accounting experts in the country from Deloitte, Ernst & Young, the FASB, KPMG, Merrill Corporation, PwC and XBRL US.  Collectively, this team has prepared and reviewed hundreds of XBRL financials with detailed footnote tags.

About XBRL US
XBRL US is the non-profit consortium for XBRL business reporting standards in the U.S. and it represents the business information supply chain. Its mission is to support the implementation of XBRL business reporting standards through the development of taxonomies for use by U.S. public and private sectors, with a goal of interoperability between sectors, and by promoting XBRL adoption through marketplace collaboration. XBRL US has developed taxonomies for U.S. GAAP, credit rating and mutual fund reporting under contract with the U.S. Securities and Exchange Commission, and has developed a taxonomy for corporate actions. For more information, go to xbrl.us.

Web site: www.xbrl.us

Register:  http://xbrl.us/DFTworkshop

SOURCE XBRL US