Comments on: Should there be an XBRL professional certification?

By: smokin underware

smokin underware — Sat, 17 Apr 2010 22:54:23 +0000

Why bother? Most people that are certified are really not good at what they claim. Certification is nothing compared to actual experience. Yet no certification ever exists for those who have never taken the exam but have decades of experience. Just like Wall Street, with its appointed directors, or the daddy-paid-for-my-education, daddy-paid-for-my-hot-car or I-never-made-a-profit-investing yet I can tell other people where to lose their money. How many more madoffs and how many more Standard Oil government blowjobs?

By: Hendrika Tibbits

Hendrika Tibbits — Fri, 05 Mar 2010 02:09:53 +0000

Hi Liv,

I agree that there should be a minimum level of certification but would you also include extensions designed by the in-house financial staff? There has been research on the use of extensions and this would suggest that there is quite a view adaptations which could have been ommitted if the user had used the appicable taxonomy correctly. But….perhaps that is emphasizing the need for certification? Perhaps this could be a certification like the financial advisors do?

Assurance services could be extended to certify that the correct Taxonomy has been used but perhaps this will increase the cost for the preparer?

The tertiary educators in Australia have little interest for coverage of this topic into their curriculum (I tried!)

Cheers
Hendrika

By: Liv Watson

Liv Watson — Mon, 08 Feb 2010 10:51:42 +0000

XBRL Certification Program:

I think there are different level of Certification that needs to be in place. On the taxonomy level the XBRL jurisdcitons that have an ifrastructure could give taxonomy and instance document and even assurance certifications (several of jurisdcition do not have that in place today) but on a global level for the specification that impact technology vendors I think there must be an intertional certification as a vendor does not want the associate cost and confusion with certification in each jurisdiction. That said, the accounting institutes should also have a say in the certification as some taxonomies are GAAP related. So the question is, will their be specific taxonomy certifications? at the end of the day we need to look a the market place and not make this to complecated and some sort of Intertional blessing must be in place or we risk many certifications that will couse confusiion in the market place. Does XBRL intertional have the infrastuture to do so at the moment.I would say no.. but XBRL International have dcreated recentley a working group to look into the matter and I encourage everyone to send your comments to XBRL Inernational and/or your local XBRL jurisdctions.

Liv Watson

By: Rakesh Sud

Rakesh Sud — Wed, 16 Dec 2009 16:10:47 +0000

What is the latest on XBRL certification?

By: Marc Prokop

Marc Prokop — Fri, 23 Oct 2009 02:02:58 +0000

Please let me (all of us) know what more we can do to help with a professional certification.

By: Philip Moyer

Philip Moyer — Thu, 15 Oct 2009 12:20:12 +0000

There should be a certification in XBRL – -but XBRL International should not be executing. XBRL International is not skilled or structured to support local taxonomies. They do not have relationships with the regulators that are building or mandating each local taxonomy. They would need to build a completely duplicative structure and set of skills to the local jurisdictions to make the certifications relevant. They certifications should be built and executed by XBRL.US, XBRL.China, etc and the curriculum should be approved by XBRL international .