Adoption of XBRL Gets Momentum in Asia Pacific.ppt

XBRL Australia Thank You! For further information, please contact: eiichi.watanabe@tsr-net.co.jp Adoption of XBRL Gets Momentum in Asia Pacific November 7, 2005 Eiichi “Ed” Watanabe Vice Chairman, XBRL Japan A Member of XBRL International Steering Committee A Member of XBRL International Executive Committee 12th XBRL International Conference, Tokyo Australia China Hong Kong India Indonesia Japan Korea New Zealand Singapore Taiwan Thailand 6th Conference 9th Conference 3rd Conference 12th Conference Adoption and Awareness of in Asia Pacific Presence of XBRL in the Asia Pacific Australia Japan Korea New Zealand Jurisdictions of in Asia Pacific Established Jurisdictions are Moving Forward Started in 2000 23 members Facilitators: CPA Aus., ICAC Taxonomy: IFRS-based Adoption: APRA: Stock Exchange XBRL New Zealand Formed on August 2nd, 2002 Facilitator: ICANZ IFRS-based Taxonomy XBRL Korea Provisional jurisdiction since Oct. 2002. 27 Members Facilitator: KICPA since Dec. 2004 Taxonomy Korean GAAP CI Financial Korean GAAP (end 2005) Corporate Tax Return (end 2005) XBRL Japan Started in April 2001 84 Members Facilitator: JIPCA Taxonomy Japanese GAAP FS for e-Tax Adoption: Tokyo Stock Exchange, National Tax Agency e-Tax, eL-Tax, Bank of Japan, Financial Services Agency … XBRL 2.1 is Japan’s national standards. Japanese Industrial Standards “JIS X 7206:2005” (July, 2005) Ministry of Economy, Trade and Industry China Hong Kong India Indonesia Singapore Taiwan Thailand Activities and Awareness of in Asia Pacific Activities in yet-to-be Established Jurisdictions are Gaining Momentum China XBRL Pilot Projects at Two Exchanges Shanghai Stock Exchange Shenzhen Stock Exchange Hong Kong 1st Sharing Forum (XBRL Symposium) – March 1st, 2005 Preparation Working Group was formed – April 26, 2005 India XBRL Technology Symposium 2005 being organized. Munbai - Dec 2, 2005 New Dehli - Dec 3, 2005 Indonesia XBRL Seminar is scheduled for Dec.