XBRL International constitutes and names members of its Assurance
Committee
July 14, 2010
New York, 14 July, 2010 – XBRL
International Inc. (XII) announced today that it has constituted an Assurance
Committee, a group established to provide a forum for the identification
and communication of market needs related to third party assessment of XBRL-tagged
data and serve as the official liaison between market participants and XBRL
International on assurance and related matters. The Committee will develop and
catalog awareness materials (articles and publications) addressing the
assessment of the accuracy of information tagged in XBRL format and how to lend
credibility to this information. The XII Assurance Committee will not
develop standards or related guidance for XBRL assurance.
Amy Pawlicki (AICPA, USA) has been appointed as the Chair of the Committee.
Appointed voting members include Efrim Boritz (Ontario Chartered Accountants, University of
Waterloo, Canada), Eric Cohen (PricewaterhouseCoopers, USA), Lars Dyrner (Institute of State
Authorized Public Accountants, Denmark), Akira
Matsuo (Aoyamagakuin University, Japan), Josef MacDonald (Ernst & Young
Global Limited, UK), Yossef Newman (Deloitte,
USA), Jun Owada (Altran Control Solutions, Japan), Paul Phenix (Baker Tilly Hong
Kong,
Hong Kong), Daniel Roberts (Innovation, Strategy,
Governance, IT Audit, XBRL and Sustainability, France), Gerald Trites (Zorba Research Inc., Canada), Hans Verkruijsse (Ernst & Young
Accountants LLP,
The Netherlands), Rob Vervoort
(Deloitte Accountants B.V., The Netherlands).
The Assurance Committee has been meeting regularly to develop its
charter and scope. The decision to set up the Assurance Committee follows a
growing community interest around assurance topics. The primary purpose
of assurance services is to provide independent and professional opinions that
improve the accuracy of information to management as well as other decision
makers that rely on information. The Assurance Committee has approved its
preliminary charge and scope. XBRL Members are welcome to attend Assurance
Committee meetings as Observers; – for more information please contact assurance@xbrl.org.
About XBRL
XBRL enables computer-readable tags to be applied to individual items of
data in business reports, transforming them from simple blocks of text into
information which can be understood and processed automatically by computer
software. It offers cost savings, greater efficiency and improved accuracy to
all those involved in preparing, analysing or communicating business
information.
It can be used to express a wide range of information and disclosures
including financial statements, internal management information, regulatory concepts,
statistical data, credit and transaction details.
The language is being developed and promoted by an international
non-profit consortium of some 600 major companies, organisations and government
agencies. Members cover all segments of the business information supply chain.
XBRL is an open standard, free of licence fees.
More information can be found on the XBRL website at www.xbrl.org.
Contact:
Olga Shilova
XBRL International, Inc.