SEBI to host XBRL Asian Workshop and National Conference on XBRL on Feb 17

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SEBIMUMBAI: SEBI and XBRL India, the Indian XBRL jurisdiction of XBRL International Inc (XII) facilitated by the Institute of Chartered Accountant of India, are co-hosting the second XBRL Asian Workshop on February 17, 2011 at Mumbai. This will be followed by a National Conference on XBRL on February 18 2011.

While the conference will be open to general public subject to registration, the participation in the workshop will be only through invitation. Regulatory bodies, Government authorities, Tax Agencies, XBRL Jurisdictions etc of Asian and Oceania region would be participating in the workshop. The details of the events are available at www.sebi.gov.in and  http://www.xbrl.org/in/xbrlconference/index.html

eXtensible Business Reporting Language (XBRL) is the result of the quest for a solution in the area of business Reporting along with the capabilities of XML for electronically reporting of information. XBRL has emerged as a popular and effective alternative for reporting and analysis.  In December 2008, the Indian XBRL Jurisdiction (XBRL India) was constituted by Institute of Chartered Accountants of India, as a formal forum for encouraging the adoption of XBRL in India. It is expected that the said workshop and the conference would provide a wonderful opportunity to all concerned to gain from the experience of foreign counterparts and to know the road map for implementation of XBRL in India.

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