Join this 60-minute webcast for a discussion of the recent action taken by the US Securities and Exchange Commission (SEC), to permit, and eventually require, foreign private issuers (FPIs) that prepare their financial statements using International Financial Reporting Standards (IFRS) to submit those reports using XBRL (eXtensible Business Reporting Language).
XBRL is the machine-readable interactive data format that allows users to more easily access and analyze financial statement data. FPIs that file IFRS financial statements will be required to submit XBRL financial statements for fiscal periods ending on or after December 15, 2017 (i.e., annual reports on Form 20-F and Form 40-F filed during 2018). Until then, these foreign private issuers have the option to submit XBRL financial statements.
- What is eXtensible Business Reporting Language (XBRL)?
- When must FPIs reporting in IFRS start filing XBRL financial statements?
- What will be the biggest impact on FPIs?
- What is the impact of late/incorrect filings?
- How different is Inline XBRL and will it be mandated?
Alex Cohen, Partner, Capital Markets
Paul Dudek, Counsel, Capital Markets
Joel Trotter, Partner, Capital Markets
To register, click here.
For questions, please contact Julie Salickram.