XBRL GL Announces release of Public Working Draft of the XBRL GL 2005taxonomy

I think that I said that I would send this to the Tax XML group on last
call. 

The XBRL GL working group will appreciate any comments that you
send.

george

George Farkas

XBI Software Inc

The XBRL GL Working group is pleased to announce the release of the

Public Working Draft of the XBRL GL 2005 taxonomy, the XBRL 2.1

compatible GL taxonomy*.

This taxonomy is intended to provide a standardized format for

representing the data fields found in accounting and operation
systems

and transactional reports that will allow organizations to tag
journal

entries, accounting master files, and historical status reports in

XBRL. The modular set consists of the COR (Core), the BUS (Advanced

Business Concepts), MUC (Multi-Currency),USK (concepts for

"saxonic" accounting -  the US, UK, etc) and TAF (Tax
Audit File) modules.

This modular taxonomy consists of a series of modules that extend
the

basic identifiers for entries, agents, and resources to meet the
needs

of specific jurisdictions, industries and need. It enables data from

the general ledger and transaction journals of an organisation to be

transported to XBRL financial reports.

* This taxonomy was acknowledged by the Domain Working Group on

Monday, July 11th 2005 (according to the Taxonomy Recognition
Process

at

http://www.xbrl.org/TaxonomyRecognition/) and we are releasing
it

as a public working draft. 

* Its exposure period ends 10 October 2005. Once changes based on

feedback are made, the XBRL GL Working group will seek formal
Approval

of this taxonomy from XBRL International. 

* This release is compliant with XBRL 2.1, Specification dated

2003-12-31 plus errata corrections dated 2005-04-25.

* The taxonomy files are now available for public comment at

http://www.xbrl.org/int/gl/2005-07-12/gl-2005-07-12.htm

* There is no intention for further development work on either of
the

prior taxonomy releases (XBRL GL 1.0 or 1.1) by the XBRL GL working

group. 

This is a public working draft - circulation is unrestricted.

Recipients of the taxonomy are invited to submit their questions and

comments, and to submit notification of any relevant patent rights
of

which they are aware and to provide supporting documentation. Direct

members of  XBRL and members of XBRL jurisdictions are invited
to

contribute to the XBRL GL working group mailing list 

Please send in your comments before 10 October 2005 for them to be

considered before the taxonomy is to be validated again and
submitted

for Approval. 

Comments should be sent to directly to XBRL-GL mailing list or to
the

chair of the XBRL GL Working Group, Diane Mueller

<> if you are not currently a
member

of the XBRL-GL mailing list.