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About the department

Welcome to the page of the first department in our country for the study of the international reporting standard XBRL.

Our Department was opened in September 2017 in accordance with the decision of the Academic Council of the Financial University under the Government of the Russian Federation (Protocol No. 11 of June 30, 2017). Today, the Department is a part of the International Business School of the Continuing Education System of the FinU.

In accordance with Federal Law No. 251 of 07/23/2013 “On Amendments to Certain Legislative Acts of the Russian Federation in Connection with the Transfer to the Central Bank of the Russian Federation of Powers for Regulation, Control and Supervision in the Field of Financial Markets” and the Letter of the Bank of Russia dated 07/22/2013 No. 135-T3 “On the Document of the IFRS Foundation” in order to develop and improve the reporting system of the NFO, the Chairman of the Bank of Russia approved implementation of the project for the transition of the NFO to an electronic format for providing reporting data based on XBRL specifications.

The main purpose of the creation of the Department of Modern Statement Data Gathering and Data Processing Techniques is to train specialists of organizations on XBRL issues, create a center of competence and certification in XBRL, focused on getting students practical skills to work with XBRL.

The Department successfully cooperates with the XBRL Center, which provides comprehensive assistance in organizing and conducting a quarterly cycle of specially designed thematic seminars for the market of non-credit financial organizations based on the Department, within which leading experts of the Bank of Russia speak on the most pressing issues of reporting in XBRL and its submission to the Bank of Russia.

The permanent jurisdiction of XBRL in Russia as a separate legal entity — the autonomous non-profit organization Center for the Implementation and Development of XBRL Format (XBRL Center) was established by the Bank of Russia in 2017 to support, develop and standardize the use of XBRL in Russia.

The Supervisory Board of the XBRL Center includes employees of the Bank of Russia, representatives of the Analytical Center under the Government of the Russian Federation, the Association of Banks of Russia and other organizations interested in implementing XBRL implementation projects. The Council is headed by First Deputy Chairman of the Bank of Russia K.V. Yudaeva. The President of the XBRL Center is the Vice-Rector for Scientific Work of the Financial University under the Government of the Russian Federation V.V. Maslennikov.

The XBRL Center brings together about 100 interested participants in the financial market and developers of XBRL IT solutions.

To increase the efficiency and accelerate the process of implementing XBRL in Russia, working groups operate based on the XBRL Center as part of methodological and technology121 areas, as well as areas of communication and educational activities, meetings of which are held with the participation of employees of the Bank of Russia.

In April 2020, the XBRL Center launched a system of voluntary certification of software products for developers of IT solutions for XBRL. The certificate of conformity can be used in relation to the software product only of the version that was the object of certification and received positive test results.

All information about the activities of the XBRL Center is available on the website.

Administration

Stanislav Korop

Head of the Department

Evgeniya Lyalkova

Deputy Head of the Department