CIPC VIRTUAL iXBRL COLLOQUIUM

On 1 July 2018, the Companies and Intellectual Property Commission (CIPC) officially implemented the submission of annual financial statements for companies through eXtensible Business Reporting Language (XBRL), in pursuit of its legislative mandate, per Regulation 30(5) of the Companies Regulations, 2011.

By egressing from a paper-based analysis of annual financial statements received in pdf format, the Commission aims to, inter alia; reduce human error on reviews, increase the sample size of companies analysed and drive a data-driven financial reporting regulatory strategy underpinned by structured data.

The Colloquium is aimed at promoting iXBRL by informing conference attendees about the status, learnings and successes of the CIPCs Programme as a pioneering initiative in South Africa and to emphasize the potential that iXBRL offers for other regulators, government agencies and other users of financial statements.

Key themes for discussion will include:


The XBRL Mandate (Learnings, Successes, Vision)

Regulatory Climate Efficiencies (Compliance)

Plan for Increased Efficiencies in Regulation (SBR)

Data Landscape, Consumption, Quality

Next Steps for Increased Inter-Regulator Collaboration

Standardising the Governance Reporting Process: The Corporate Governance Framework® and XBRL®

Ways to register:

(i) Click here

(iii) Send a blank email to xbrl@cipc.co.za with Register me for the iXBRL Colloquium in the subject line

Speakers

Adv. Rory Voller

Commissioner - CIPC

Elize van der Linde

Board Executive - XBRL ZA

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Samson Sekgobela

Divisional Manager: ICT Service Delivery - CIPC

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Joey Mathekga

Head: Corporate Compliance and Disclosure Regulation - CIPC

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Terrance Booysen

CEO - CGF Research Institute

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Rakesh Beekum

Chairperson - XBRL ZA

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Moderators

Michal Piechocki

CEO - Business Reporting - Advisory Group

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John Turner

CEO - XBRL International

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Lungile Dukwana

Executive - CIPC

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Mark Kingon

Head: Stakeholder Relations - SARS

Wilma Mokopu

Head: Retirement Funds (Prudential Supervision) - Financial Sector Conduct Authority

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