Fese September 15, 2009 Brussels

Review of Accounting Directives – XBRL perspective Piotr Madziar – European Commission 15 September 2009, Brussels - FESE

Topics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Europe – are we ready? European Institutions L3C Industry MS professions IT Financial Real economy IT Financial EU Internal Market Int’l Regulatory Standard setting IOSCO Basel IASB IFAC Third countries FSF WB IMF

XBRL driving forces XBRL Simplification Crisis Stoiberg De Larosiere G20 EU Council EP COM MS E-Gov, Information Society, EU Competitivenss Corporate governance and transparency Simplification - Reduction of Admin Burden De Larosiere Reform

Measures ,[object Object],Simplify Automate Disclose HLG Stoiber Opinions Studies Accounting Review Transparency Direcitve FP7/Cordis Grants Technical Standards Interoperability CESR TG Commission Communication IFRS for SME? ? To: SBR - EU taxonomy? SME Citizens, Unions Young&Smart Now: L3 legislation In Future: New L3: Authorities, Budgets,Tech standards Request by: Treasuries Taxpayers

Christopher Cox and Charlie McCreevy ,[object Object],[object Object],[object Object],[object Object],[object Object]

European Parliament ,[object Object],[object Object],[object Object],[object Object],[object Object]

XBRL for IFRS ,[object Object],[object Object],[object Object],[object Object]

De Larosiere Reform ,[object Object],[object Object],[object Object],[object Object]

De Larosiere proposal ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Commissioner’s agenda ,[object Object],[object Object],[object Object]

Simplification and reduction of administrative burden ,[object Object],[object Object],[object Object],[object Object]

European Parliament ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Simplification initiatives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Accounting Review - XBRL ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Other ,[object Object],[object Object],[object Object]

Corporate disclosure ,[object Object],[object Object],[object Object],[object Object],[object Object]

Transparency Directive (2004/109/EC): ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

CESR ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Commission ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Council Conclusions of 22 and 23 November 2007 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

E-government initiatives ,[object Object],[object Object],[object Object]

Thank you! Contacts ,[object Object],[object Object],[object Object],[object Object],[object Object]

Fese September 15, 2009 Brussels

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