EDGAReView

A new quarterly magazine focused on the accelerating adoption of XBRL as the global format for financial reporting is now available both in print and online. The premier issue includes articles, opinions, and examples from industry leaders, with updates on developments around the world. You can preview the first issue of XBRLglobal here. Qualified industry professionals from these sectors can sign up for a complimentary subscription. XBRLglobal will publish academic papers on XBRL, business reporting technologies, and open standards.

Included in the premier issue is an article by XBRL founder Charles Hoffman, who offers his predictions in the first issue on how XBRL and the semantic web will soon combine to add significant value to many key business processes over the coming years. EDGAR Online’s Sue Childs gives an inside view of how XBRL was created and how it is now evolving. Rich content regarding US and global businesses is coming online, and no one can know the ways that coming software applications will leverage all this data. However, says Childs, EDGAR Online has an inside perspective of how XBRL moved from theory to reality, and theorizes how the technology is likely to evolve in the near future.

The international members of the XBRLglobal editorial board, chaired by XBRL US Communications VP Michelle Savage, shows the level of expertise behind the quarterly journal and a reason to believe the publication may play an important role in giving the entire XBRL community a truly global perspective. Members include:

• Michelle Savage, Chair; Vice President, Communications, XBRL US  (New York, NY USA)
• Ralf Frank, Managing Director, DVFA Society of Investment Professionals in Germany;  Delegate for XBRL and ESG, EFFAS European Federation of Financial Analysts Societies (Frankfurt, Germany)
• Makoto Koizumi, Senior Consultant, Fujitsu Research Institute; Chairman, XBRL International Best Practices Board (Tokyo, Japan)
• Gavin Marais, Associate Director and XBRL Leader, Deloitte & Touche Southern Africa, Member, XBRL International Steering Committee, Member, XBRL Advisory Council, International Accounting Standards Committee Foundation, Member, XBRL Quality Review Team, International Accounting Standards Committee Foundation  (Johannesburg, South Africa)
• Michael Ohata, Managing Director, Advisory Services, KPMG LLP; Immediate Past Chairman, XBRL International (Chicago, ILUSA)
• Jamie Shay, Head of Standards, SWIFT; Board member, XBRL International (Brussels, Belgium)
• Ying Wei, Deputy Director-General, Accounting Regulatory Department, Ministry of Finance; Board Member, XBRL International  (Beijing, China)