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					Implementation and
  Development of
   XBRL Poland
  Thursday, 8th of February 2007, Lisbon


                                             Maciej Piechocki
                                             IASCF XBRL Team
                                           DWG Chair XBRL Poland
                   Agenda

 Jurisdiction Development
 Past, Current and Future Activities
 Drivers of XBRL Implementation




                    XBRL Poland
          Jurisdiction Development

 Kick-Off Conference (February 2005)
   first XBRL public event
   XBRL introduced by IASCF, XiE, XBRL Denmark
 Round Table (April 2005)
     statutory tasks – incorporated in the bylaws
     legal form – neutral, independent, trustworthy
     first project – creation of the public taxonomy
     neutral facilitator




                         XBRL Poland
        Jurisdiction Development

 Round Table – Statutory Tasks:
   contribute to improvement of the existing reporting
    standards
   promote the knowledge of the current status and
    trends in electronic reporting standards
   develop economy and science by works aimed at
    development of XBRL
   undertake and reinforce other entities in their activities
    related to development and promotion of XBRL
   enable co-operation of the Association members
    within the above-specified scope of activities

                        XBRL Poland
        Jurisdiction Development

 Round Table - Legal Form:
   neutral, independent
       according to the act of the 7-th April 1989 “Prawo o
        stowarzyszeniach” /Dz. U. Nr 20, poz. 104 with
        later changes/ Association “XBRL Polska” is an
        independent not-for-profit association
   trustworthy:
       the Association is registered with no. 248935 and
        therefore is a legal entity




                       XBRL Poland
       Jurisdiction Development

 Founding Members Assembly (September 2005)
   agreement on bylaws
   organisational structure of the association
   XBRL International membership
   election of the Board and Revision Committee
    members, Secretary General
   fee structure




                     XBRL Poland
    Jurisdiction Development

 Founding Members:
   ordinary members
   supporting members (12 + 1)




                  XBRL Poland
                  Jurisdiction Development


                 General Assembly           Revision Committee         Decisions
                                                                        Strategy
Secretary General                   Board
                                                                     Management

           Taxonomy Working                        Marketing &
                Group                           Communication W.G.


                            Chair

                                                                     Operations
   Co-Chair CI                               Co-Chair FI

                                                                        Projects
  Subgroup CI                                Subgroup FI
                                                                 Working Groups


                                       XBRL Poland
        Jurisdiction Development

 Fee Structure (in €)
   supporting members
  Turnover
  < 2,5 Mio. Euro                      1.000 €
  2,5 Mio. Euro - 25 Mio. Euro         2.225 €
  > 25 Mio. Euro                       5.000 €

   ordinary members: free of charge




                      XBRL Poland
                   Agenda

 Jurisdiction Development
 Past, Current and Future Activities
 Drivers of XBRL Implementation




                    XBRL Poland
  Past, Current and Future Activities
 Taxonomy Development:
   communication channel
      Internet
      tele and videoconferences
      SharePoint
   regular meetings
   workflow
      building of the information model
      revision of the information model
      development of the taxonomy
      revision of the taxonomy
      publication of the taxonomy
                      XBRL Poland
  Past, Current and Future Activities

 XBRL Promotion:
   meetings with private companies and public
    authorities
   information about standard and association activities
   target: new members and active involvement in the
    XBRL implemenation
   results: new projects, new members




                      XBRL Poland
  Past, Current and Future Activities

 XBRL Promotion:
   seminar:
      September 2005: NBP implements XBRL
   conference:
      September 2006: COREP & FINREP in Europe
      National Bank of Poland, Polish Banks
        Association, Association “XBRL Polska”,
      Speakers: Bank of Spain, Bank of France, National
        Bank of Belgium, XBRL in Europe
      Attendees: 100 people (70 largest banks)
   articles, papers, consultations, etc.

                     XBRL Poland
  Past, Current and Future Activities

 XBRL Implementation – National Bank of
  Poland:
   target: prudential (Basel II) & financial (IFRS, Polish
    GAAP) reporting
   XBRL taxonomies
       COREP, FINREP
       Polish extensions
   start: March 2007 (COREP), June 2007 (FINREP)
   mandatory format for over 700 banks



                        XBRL Poland
  Past, Current and Future Activities

 XBRL Implementation – Companies House:
   target: publication of financial statements of entities
    fulfilling requirements defined in P.A.A.
   XBRL taxonomies
       Polish GAAP, IFRS (Polish labels)
   start: 2008
   XBRL as voluntary format for 13.000 entities
   price differentiation as an incentive




                        XBRL Poland
                   Agenda

 Jurisdiction Development
 Past, Current and Future Activities
 Drivers of XBRL Implementation




                    XBRL Poland
    Drivers of XBRL Implementation

 Standardisation of Reporting
 Cost and Time Aspects
 Legal Changes in the EU
   cross regional: IFRS, BASEL II, CRD
   local: IT governmental requirements
 XBRL Marketing Aspects
   IASB involvement, EU founding, SEC activities, CEBS
    recommendations, etc.
 Systems and Standards Out-Of-Date
 New Information Flows
                     XBRL Poland
          Project Management

 Domain Working Group Chair
  Maciej Piechocki, IASCF XBRL Team
  E-Mail: mpiechocki@iasb.org

 Secretary General
  Mateusz Hojda, XBRL Poland
  E-Mail: mateusz.hojda@xbrl-eu.org




                  XBRL Poland
           Q&A

Thursday, 8th of February 2007, Lisbon


                                           Maciej Piechocki
                                           IASCF XBRL Team
                                         DWG Chair XBRL Poland

				
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