Extensible Business Reporting Language – Australia

AsiaPac International Conference
A proposal is that Australia host an XBRL International Conference. The November 2007
conference was due to be held in AsiaPac region but no jurisdiction nominated from this
region. The ISC have decided to host the next conference in Vancouver, so we will
endeavour to host the following one due for May 2008 in an Australian capital city.
However, the ISC is considering moving to regional conferences for May 2008 and only
having annual conferences at the end of each calendar year. If this becomes the new
procedure then we should bid for the regional event here in May 2008.
Hosting the conference in Australia would have benefits by creating many promotional
opportunities for XBRL, increasing the availability of XBRL training to Australian
businesses and members, and lowering our cost of attending the conference.
We would anticipate running the conference at a profit, but it would need initial cash
flow funding from member subscriptions or a government grant. For conservatism, we
have budgeted for this at break even.