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Sunday 23 November 2014

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 The IFRS Taxonomy Consultative Group (ITCG)


The aim of using a single, high quality, easily enforceable and globally accepted IFRS Taxonomy to mark up digital reports is to facilitate the efficient dissemination, processing and accessing of IFRS financial statements. In April 2014, the IASB established a new consultative group to help provide a technical advisory and review forum in which members can contribute towards the development of the IFRS Taxonomy.

Members of the IFRS Taxonomy Consultative Group:

  1. review in depth the IFRS Taxonomy and ensure that it meets expected market standards and best practices from both a data content and architectural perspective;
  2. provide technical advice and strategic implementation guidance on matters relating to the IFRS Taxonomy and IASB digital reporting activities; and
  3. provide guidance to IASB staff on matters relating to financial reporting ontology

The ITCG replaces the two advisory bodies established in 2007 by the IFRS Foundation for its XBRL related activities.These were the XBRL Advisory Council (XAC) and the XBRL Quality Review Team (XQRT).

The ITCG generally meets face to face twice a year for one day, normally in London, and additionally four conference calls a year of one hour are scheduled. More calls may be convened at the request of the IASB or Chair. The meetings of the IFRS Taxonomy Consultative Group are open to the public, and those interested in attending can register as an observer. To register as an observer for a meeting or conference call, please email your request to ffalkner@ifrs.org.

Members

 

Chairman:

John Dill

Vice-Chairman:

Thomas Egan, Singapore

 

Name Title Organisation Country
Carlo Alzati
 Manager, BPO Department
 CPA Ferrere
 Uruguay
Krishnan Balachandran
Co-Founder and Director
IRIS
India
Anna Beck
Finance Manager External Reporting
Deutsche Bank
UK
Dave van den Ende
Director
Deloitte Innovation B.V
Netherlands
William Gee
Partner, Risk Assurance
PricewaterhouseCoopers (PwC)
China
Masatomo Goto
Manager
Fujitsu Laboratories of Europe
UK
Jo Guo  Head of Fundamentals Data
Morningstar Inc
North America
Kyle Lamb
Global XBRL Technical Lead
Ernst & Young
UK
Marshall Matthews
Senior Manager, Accounting & Tax
Technology Services
 KPMG LLG
 UK
Chie Mitsui
Researcher
Nomura Research Institute
Japan
Patricia Myles
XBRL Manager, Europe
RR Donnelley
UK
Doug Niven
Senior Executive Leader
Australian Securities and Investment Commission (ASIC)
Australia
Maciej Piechocki
Partner
BearingPoint
Germany
Michal Piechocki
Director
Business Reporting-Advisory Group
Poland
Lou Rohman
Vice president 
Merrill Corporation
North America
Jim Truscott
Founder
Fundamental X
UK
Avi Sucharevski
Director XBRL Services
Insight Solutions Inc
Canada
Ying Wei
Deputy Director General of Accounting
Ministry of Finance (MOF)
China
Official observers
Koichi Kikuchi

Japan Financial Services Agency (Japan FSA)
Japan
Laurent Degabriel/Roxana Damianov
Head of Division/Corporate Reporting Team Leader
European Standards & Markets Authority (ESMA)
France
Louis Matherne
Chief of Taxonomy Development
Financial Accounting Standards Board (FASB)
North America