Congratulations to Lucy Lee for her recent election to XBRL US’s Domain Steering Committee. The committee’s primary goal is to oversee the development of taxonomies that meet the business reporting needs of key U.S. markets.
“This committee is at the forefront of driving and shaping XBRL standards, so this is a unique opportunity to gain insight into taxonomy development,” says Lucy. “I’m excited to share the latest developments with our clients and my colleagues. Likewise, I look forward to contributing to the committee by providing it with meaningful input from RoseRyan’s work in the field.”
Lucy, who spearheaded the development of RoseRyan’s XBRL practice, will serve two consecutive one-year terms representing the analyst community. Her committee colleagues include representatives from Big 4 firms and leading software and service providers. Responsibilities of the committee include reviewing and establishing the business requirements for the XBRL specification, participating in the development of global taxonomy architecture best practices and participating in the development of taxonomy development and approval processes.