On December 2018, Ministry of Finance of Ukraine, National Securities and Stock Market Commission (NSSMC), National Bank of Ukraine (NBU) and the National Commission for Regulation of Financial Services Markets in Ukraine (NCRFSM) have published the new rules for financial reporting, based on the UA IFRS taxonomy, as part of the implementation of Ukraine`s new reporting system with a single electronic format.
During 2019, PIEs (Public Interest Entities) will prepare financial statements and notes according to the IFRS in XBRL format and submit them to the NSSMC. The NBU and NCRFSM will have access to the new system’s data, improving transparency. The new reporting system will allow the reception, processing, verification and disclosure of financial statements of enterprises in a single electronic format prepared in accordance with the UA IFRS taxonomy.
EBA Management Development Center team together with Javier Mora Gonzalbez invite you to join the Open Lecture: XBRL. Changes in Financial Reporting in Ukraine. The new reporting system under XBRL is being implemented with the participation of international donors, such as the EU-FINSTAR (Technical Assistance in Financial Sector’s Priority Areas) and the USAID`s Financial Sector Transformation project.
Speaker: Javier Mora Gonzalbez, Financial reporting expert, EU Finstar, project is funded by the European Union and implemened by Human Dynamics KG, has been accepted as a member in the ESMA working group for Corporate Reporting Standing Committee (https://www.esma.europa.eu/
Partner: Human Dynamics
Target audience: top-managers, financial managers and experts.
Topics under discussion:
- What is XBRL (eXtensible Business Reporting Language)?
- Basics of XBRL: Taxonomies & instance documents
- XBRL architecture overview
- IFRS XBRL taxonomy
- Who uses XBRL?
- XBRL in Ukraine
- XBRL tools
Registration is obligatory. To become a participant, please, click the «Register» button. Only the users of the EBA site can register at the event. Number of listeners is limited. Should you have any questions, please, write at firstname.lastname@example.org or call (044) 496-06-01.