IROs, Financial Communicators Invited to Attend Free, One-Day Session
TORONTO, Sept. 18 /CNW/ - A free, participatory, one-day event will be
held in Toronto on September 24, 2008 to explore recent proposals by the U.S.
Securities and Exchange Commission (SEC) for the mandatory use of "Interactive
Data" or XBRL (eXtensible Business Reporting Language).
Investor Relations officers, financial communications professionals,
finance directors and those interested in XBRL are encouraged to attend the
event and share their thoughts on what the mandate means for Canadian issuers.
"CNW Group is proud to be a sponsor of this event and recognizes the
importance of engaging dialogue and raising awareness amongst Canadian
business leaders", said Melanie Kurzuk, Senior Vice-President News and
Information Technology Division, CNW Group. "We have been proactive in
bringing an XBRL solution to the Canadian market that will assist all foreign
filers impacted by the proposed SEC mandate. Our solution also extends to
Canadian issuers who want to participate in the CSA voluntary XBRL filing
program in Canada."
The morning session, hosted by XBRL Canada, will include an introduction
to XBRL and how the International Financial Reporting Standards fit in, in
addition to presentations given by representatives from EDGAR Online and
United Technologies Corp.
The afternoon session, hosted by the Canadian Securities Administrators
(CSA), and accessible via live Webcast, will include opening remarks from
James Turner, Vice-Chair, Ontario Securities Commission and a perspective on
the SEC Rules by David Blaszkowsky, Director, Office of Interactive
In addition to CNW Group, sponsors of this event include: Bowne & Co.,
Canadian Institute of Chartered Accountants and TNT Filings.
To register to attend this free event in Toronto, please visit the XBRL
Canada website: www.xbrl.ca/registration.
Those unable to attend the event are invited to join the CSA-hosted
afternoon session via live webcast from the Canadian Securities Administrators
(CSA) website www.csa-acvm.ca/html_CSA/xbrl.html.
About CNW Group
CNW Group is a global leader in news and information distribution
services for professional communicators. Established in 1960, CNW is part of
the International PR Newswire network, reaching news outlets in 135 countries
worldwide. CNW Group provides electronic news distribution, targeting,
monitoring, translation, Webcast and disclosure services to corporate,
government, associations, labour, non-profit and other customers worldwide.
CNW Group helps Canadian and international organizations to connect with local
and global audiences including the news media, the investment community and
the general public. CNW Group is co-owned by two news distribution
powerhouses: PR Newswire, based in New York City, USA and PA Group, based in
London, UK. www.newswire.ca 1.877.CNW.7890
About XBRL Canada
XBRL Canada is a not-for-profit consortium of leading Canadian companies
and organizations, whose role is to create and maintain XBRL taxonomies based
on Canadian reporting standards, to increase the awareness, knowledge and
understanding of XBRL and its uses in Canada, and to stimulate and promote the
adoption of XBRL in Canada.
For further information:
For further information: Melody Firth, Manager, Corporate
Communications, CNW Group, Dir. (416) 863-5729, Cell: (416) 318-4341,
Melody.Firth@Newswire.ca; Jerry Trites, Project Director, XBRL Canada, Dir.
(416) 602-3931, GTrites@Zorba.ca