Media Advisory - XBRL Canada Seminar: Standardizing Corporate Action Data Using XBRL

Toronto, Ontario--(Newsfile Corp. - April 22, 2015) - XBRL Canada is holding a seminar on May 15, 2015 presented by Campbell Pryde, the President and CEO of XBRL US.

The event will be held at the Offices of CPA Canada, Second Floor, 277 Wellington St W, Toronto, Ontario on May 15, 2015, from 9:00AM – 12:00 PM (noon).

Mr Pryde will show how certain regulators and stock exchanges around the world are considering the use of XBRL to streamline the reporting of Corporate Actions.

Before taking on the President and CEO position at XBRL US, Mr. Pryde led the development and maintenance of taxonomies as Chief Standards Officer, playing an integral role on the executive team. Mr. Pryde joined XBRL US from Morgan Stanley, where as Executive Director in the Institutional Securities Group, he managed the equity research XBRL-based valuation framework. He has been involved with XBRL since 2001, and served as Chairman of the XBRL US Domain Steering Committee during the critical initial build of the US GAAP Taxonomy under contract with the Securities and Exchange Commission. Prior to joining Morgan Stanley, Mr. Pryde was a Partner in the Risk and Advisory Practice of KPMG LLP. He is a member of the New Zealand Institute of Chartered Accountants.

The agenda for the morning will include:

1.     Overview of XBRL

2.     What is a corporate action?

3.     Why are we standardizing corporate action information in an XBRL format

4.     What are the advantages of disadvantages of using XBRL

5.     What is the scope of the initiative

6.     How does the corporate actions taxonomy work with XBRL related systems

7.     Walk through of the corporate actions taxonomy

8.     Walk through of a corporate action message

9.     Overview of the XBRL implementation in the United States

10.   Validation of Corporate Action Messages

11.   Show use of corporate action processing using standard software tools

Registration is available at the XBRL Canada (www.XBRL.ca) website. Cost is $50.

About XBRL Canada

XBRL Canada is the Canadian jurisdiction of XBRL International and largely funded and administered by CPA Canada. The purpose of XBRL Canada is to provide support and encouragement for the adoption of eXtensible Business Reporting Language in Canada. XBRL is widely used around the world and recognized as the leader in advanced electronic business and financial reporting.

To strive towards its goals, XBRL Canada holds seminars and webinars and issues various publications, including its bi-monthly Newsletter. It also leads projects to test and explore XBRL usage in various settings.

For further information, please contact: XBRL Canada, Gerald Trites, Project Director, (416) 602-3931, Email: gtrites@xbrl.ca