JURSIDICTION SNAPSHOT:
Country: Espana
Status: Full Jurisdiction
Jurisdiction Name : xbrl.es
Website : http://www.xbrl.es
Membership Count: 42
IFRS Adoption for Public Companies: Required for all domestic listed companies
REGULATORS:
Companies Registrar: Registro Mercantil Central
Banking Supervisor: Bank of Spain (Banco de Espana)
Securities Regulator: Comision Nacional del Mercado de Valores
PRINCIPAL EXCHANGES:
| Bolsa de Barcelona |
| Bolsa de Madrid |
| Bolsa de Bilbao |
| Bolsa de Valencia Stock Exchange |
XBRL PROJECTS OVERVIEW:
| Banco de Espana | Mandatory Filing |
| Ministerio de Economia y Hacienda | Mandatory Filing |
| XBRL Spain | Development |
JURISDICTION MEMBERSHIP:
| Accenture |
| Agencia Tributaria |
| Asoc. Espanola Contab. Admon Empresas (AECA) |
| ATOS ORIGIN |
| Azertia |
| Banco de Espana |
| Banco Popular |
| Banco Sabadell |
| CECA |
| Cegid |
| Colegio Registradores de Espana |
| Comision Nacional Mercado Valores (CNMV) |
| Consejo General de Colegios de Economistas de Espana |
| Deloitte S.L. |
| Direccion General De Coordinacion Financiera Con Entidades Locales (Ministerio De Hacienda) |
| DMR Consulting |
| EDICOM |
| Ernst & Young |
| Fujitsu |
| GMS Management Solutions S.L. |
| Grupo Santander |
| Hewlett-Packard Espanola S.L. |
| IBM Global Business Services |
| ICO (Instituto de Credito Oficial) |
| IGAE (Intervencion General Administracion del Estado) |
| INDRA Sistemas S.A. |
| Infodesa |
| Informa-CESCE |
| Informatica El Corte Ingles (IECISA) |
| Instituto Censores Jurados Cuentas |
| Instituto Nacional de Estadistica (INE) |
| KPMG Asesores S.L. |
| La Caixa |
| Microsoft |
| PricewaterhouseCoopers (PWC) |
| RED.ES |
| Sab Ingenierie Informatique |
| Software AG |
| Soluziona |
| Telefonica Soluciones |
| Thales Information Systema S.A. |
| Universitat de Valencia |
PROGRESS REPORT:
The XBRL Spain Jurisdiction is the non-for profit organization
composed by the main financial government authorities,
private companies and foundations, with more than 150
experienced people divided in several working groups with
a common objective: the development of a common open
standard to reduce administrative burdens to the financial
community in Spain. Its main XBRL projects are underpinning
the XBRL developments in several Ibero-American countries;
XBRL Spain is supporting the XBRL initiatives through the
exchange of knowledge and experience obtained by its local
developments activities.
XBRL Spain 2008 activities:
- XBRL for Corporate Social Responsibility. The RSC
Taxonomy provides technological support for the generation,
transmission and processing of Reports on the Corporate
Social Responsibility activities and situation of companies
and all types of entity. The use of the taxonomy is intended
to promote comparability between companies, to increase
corporate transparency and research in the field of the
Corporate Social Responsibility at the international level. The
taxonomy is not linked to any specific national regulation, so,
the owner’s aims to promote the use of it in Latin America and
other geographical frameworks. At the moment, the taxonomy
is getting the status of acknowledged by XBRL International.
The taxonomy, has been created and is promoted and
supported by the Spanish Association of Accounting and
Business Administration AECA
.
- XBRL for GAAP 2007. The Ministry of Finance has finalized
the Spanish GAAP 2007, replacing the GAAP 1990. The
XBRL taxonomy has been published simultaneously with the
official release of GAAP 2007. In the year 2008, XBRL Spanish
Jurisdiction and FUNDETEC foundation has been promoting
the implementation of XBRL in the accounting software and
ERP systems for Small and Medium Enterprises. The taxonomy
PGC2007 is available at http://www.pgc2007.info
- XBRL for Central Balance Sheet Data Office. One of the
missions of the Bank of Spain is to collect process and store
the financial information from non-financial companies in Spain,
with the object of increase the knowledge of each Spanish
sub-industry. A GAAP 1990 XBRL, and now GAAP 2007
XBRL, extension is used, modelling the Annual Questionnaire,
according both to the normal and abstracted formats. By
means of this XBRL Annual Questionnaire, it is possible to
collect, in a voluntary basis, information about annual Balance
Sheet, Income Statement, features, activities and other data,
including a complete identification with the DGI taxonomy. The
taxonomy ES-BE-CB v2.0 is available at http://www.bde.es/
cenbal/taxonomia/taxonomia.htm