The Chairs together with the program committee have analysed the responses to the call for participation and come up with the following program. Your comments are welcomed and should be sent via email to <team-xbrlws-submit@w3.org>. To help the FDIC with name badges and logistics, we are asking all participants to fill out this registration form. Please note that you should bring some form of visual id to the workshop as this will be needed to gain admittance to the FDIC facility. A US driver's license or a passport will be fine.
Information for remote participants
The number to dial in is +1 617 761 6200 and the conference code is 9275 ("XBRL") which should be followed by a #. We have room for 20 participants. We will aim to link the slides from this page, so please get your browser to refresh the page to see the links as these will be added dynamically. We will let you know if there any problems via the audio feed and the IRC channel, see below.
You should also connect via IRC to server irc.w3.org on port 6665 and channel #xbrl. If you don't have an IRC client installed, you can use a web browser e.g. with the mibbit web-based IRC client. We hope to use IRC for minute taking, and as a back channel for remote attendees to ask questions and to make comments.
Postscript: the minutes were taken on the IRC channel, #xbrl and the procedings were videoed with the permission of the participants.
Tweeting during the workshop
We suggest using #w3cxbrl as a tag for your tweets about the workshop. Happy tweeting!
Schedule
The workshop program will run from 9 am - 5:30 pm on Monday, 5th October, and from 9 am - 5:30 pm on Tuesday, 6th October 2009. The FDIC's cafeteria is available to participants for coffee breaks and lunches.
The first day will look at standards for financial reporting by corporate and government entities, and what is needed to serve investors and society at large. The second day will take a more technical perspective, looking at the complementary roles of XBRL and Semantic Web technologies, before examining what is needed to nurture the ecosystem for financial information, and how to fund any necessary work.
Venue
The workshop will take place in the FDIC training facilities in the L. William Seidman Center in Virginia Square at 3501 Fairfax Drive in Arlington, Virginia. It is easily accessible by public transportation at the Virginia Square Metro stop on the Orange Line. Parking space is very restricted, so you are recommended to arrive by metro or taxi.
Some nearby hotels:
- Hilton Arlington, $109 to $249, 950 North Stafford Street, Arlington, Virginia 22203, +1-703-528-6000
- Holiday Inn Arlington at Ballston, $229-$339, 4610 N. Fairfax Dr, Arlington, VA 22203
- Westin Arlington Gateway, $400-$450, 801 North Glebe Road, Arlington, Virginia 22203, +1 (703) 717-6200
Remote Participation
There will be limited support for remote participation, with a teleconference feed, and a chat room (IRC) for remote participants to queue questions/comments. Local participants will be requested to use the microphone for questions and answers, and - make their slides available beforehand so that they can be accessed from the workshop program web page when the slides are being presented.
Day One - Monday, 5 October
The themes for day one are:
- Leveraging Standards for transparent financial reporting by corporate and government entities
- Harmonization and Best practices for Standards Interoperability
- The impact of greater transparency on the economy and society as a whole
- Servicing the Investor and Financial Consumer Communities
Detailed agenda:
- Registration, breakfast and coffee
- 8:00 am - 9:00 am Networking with other participants
- Opening Remarks
- 9:00 "Logistics", Richard Campbell, FDIC (no slides)
- 9:05 Opening comments by Mike Bartell, CIO, FDIC (no slides)
- 9:15 "Introduction to the Workshop from the Chairs", Dave Raggett, W3C and Diane Mueller, JustSystems & XBRL International
- 9:20 "The role of XBRL International", Tony Fragnito, XBRL International
- 9:25 "The role of the World Wide Web Consortium", Karen Myers, W3C
- Invited talks
- 9:30 am "Financial Reporting and the SEC", David Blaszkowsky, Director, Office of Interactive Disclosure, Securities and Exchange Commission (SEC), no slides
- 10:00 am "The National Information Exchange Model (NIEM) Program", Anthony-Hoang DHS OCIO) and Justin Stekervetz (Deloitte) on behalf of Donna Roy, Director, Enterprise Data Management Office, and Executive Director, for National Information Exchange Model
- Morning coffee break
- 10:30 am - 10:45 am Networking with other participants
- Financial Reporting with XBRL
- 10:45 am "Financial
reporting at the front line" (Schema+XLink slides), Walter Hamscher,
Member of Technical Staff, Office of Interactive Disclosure, SEC
Walter provided pointers to sample data consolidated from two different kinds of data available from the SEC website:
- 11:15 am "Federal Reserve Board's Micro Data Reference Manual (MDRM)", Linda Powell, Federal Reserve Board of Governors
- 10:45 am "Financial
reporting at the front line" (Schema+XLink slides), Walter Hamscher,
Member of Technical Staff, Office of Interactive Disclosure, SEC
- Lunch break
- 11:45 am - 12:15 pm Networking with other participants
- Financial Reporting with XBRL continued
- 12:15 "Legislative XML: Injecting XBRL into the Appropriations Supply Chain", Daniel Bennett, eCitizen Foundation
- 12:45 "Reporting of default statistics by credit rating agencies", Cate Long, Multiple Markets
1:15 pm "Best Practices for Improving Data and Metadata Accessibility", panel discussion moderated by Diane Mueller, JustSystems
With the current push to improve public access to data on the Web, the interoperability and harmonization of the data and the metadata that is used to describe it is one of the keys to ensuring the Web continues to be accessible to all participants. This panel will discuss current best practices and lessons learned that could be applied and what steps might be taken to ensure that the Web continues to be accessible to all participants in the financial reporting supply chain.
- Howard Kaplan, SEC
- Kevin Webb, Sunlight Foundation
- Daniel Bennett, eCitizen Foundation
- Walter Hamscher, SEC
- Dennis Newcomber, XBRL International, Best Practices Board
- Serving the Investor Community
- 2:15 "XBRL for risk management by financial institutions", Dan Schutzer, FSTC
- 2:45 "Leveraging XBRL from Japan and Korea to provide Global Insights", Hatsu Kim, VP - Global Fundamentals, ThomsonReuters
- Afternoon coffee break
- 3:15 - 3:30 pm Networking with other participants
- Serving the Investor Community continued
- 3:30 "A pathway to improved fundamental financial analysis: The Singapore experience", David Watson, WHK Horwath
- 4:00 "Cloud computing for investor services", Tom Saleh, Flexisphere
4:30 "Finding the Nuggets in Financial Reports", panel session moderated by Diane Mueller, JustSystems
As corporate investor-relations sites, social media and financial information start adding XBRL and other data standards into the mix, we’ll take a step back and discuss what the users of this information want to do with it. What does having access to financial content as XBRL mean in practice for investors; just what are investors doing with the content they have today, and what do they expect to do in the future? What do investors/consumers expect from a fusion of cloud computing, search engines and the Semantic Web?
- Micheller Leder, Footnoted.org (slides)
- Dan Schutzer, FSTC
- David Watson, WHK Horwath
- Brian Broesder, AOS
- Ashu Bhatnagar, Good Morning Research, Softpark
- 5:15 pm close of day one
Day Two - Tuesday, 6 October
The themes for day two are:
- Semantics and comparability of financial data
- Combining XBRL with other sources of data
- Complementary roles of XBRL and Semantic Web
- Nurturing the ecosystem for financial information
- What should come next and how to resource and fund it?
Detailed agenda:
- Light breakfast and coffee
- 8:00 am - 9:00 am Networking with other participants
- Opening Remarks
- 9:00 Recap of day one and aims for day two, Diane Mueller
- It is all in the meaning - the power of semantics
- 9:35 "Introduction to linked data and Semantic Web technology", Dave Raggett, W3C
- 9:05 "Open discussion of the impact of Semantically-enabled data and techniques within eGov projects, e.g. Data.gov", Brand Niemann, EPA (PPTX)
- Financial information services: technical considerations
- 10:00 "Rendering and visualizing XBRL and non-XBRL data from multiple entities", Herm Fischer, UBmatrix & Mark V Systems
- Morning coffee break
- 10:30 am - 10:45 am Networking with other participants
- Technical considerations continued
- 10:45 "XBRL Taxonomy Extension Comparability Issues and Potential Semantic Web Solutions", Ashu Bhatnagar, Good Morning Research, Softpark
- 11:15 "The agility of Semantic Web tools for XBRL and other financial data", Michael Cataldo, Cambridge Semantics
- 11:45 "Opportunities for Semantic Web knowledge representation to help XBRL", Benjamin Grosof, Vulcan Inc. [remote]
- Lunch break
- 12:15 - 12:45 pm Networking with other participants
- Technical considerations continued
- 12:45 "Challenges for combining different sources of financial data", Edward Curry, DERI
- 1:15 "Social Semantics and Linked Data for improving access to financial data on the Web", Sean O'Riain, DERI
- 1:45 "Multidimensional queries on financial data", Matheus H. Silqueira on behalf of Paulo Caetano da Silva, Central Bank of Brazil [remote]
- 2:15 "The MUSING Approach for Combining XBRL and Semantic Web Data", Christian Leibold, Semantic Technology Institute, Austria
- 2:45 "Ontological challenges for financial information: some lessons from the Rhizomik initiative", Roberto García, Universitat de Lleida, Spain [remote]
- Afternoon coffee break
- 4:00 - 4:15 pm Networking with other participants
- Break-out sessions on What Comes Next and How to Resource and Fund it?
- 4:15 Prep for break out sessions, Dave & Diane
- 4:30 Break out session
- 5:00 Reports from breakout session + discussion
- Summing up, Diane Mueller and Dave Raggett
- 5:30 pm close of workshop