Global Standards for the world economy

Thursday 24 September 2020

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About the XQRT

 About the XBRL Quality Review Team

The primary objective of the XBRL Quality Review Team (XQRT) is to review developed taxonomies in order to achieve the highest level of quality by providing input and offering practical recommendations to the XBRL Team on the usability of the IFRS Taxonomy from both a technology and financial reporting perspective

XQRT members are:

  • highly experienced in the development of XBRL taxonomy, in project management and in quality review.
  • reflect the diverse areas and professional interests affected by XBRL adoption and the implementation of IFRSs.

Another key objective of the XQRT is to support the XBRL Team in the adoption and implementation of the IFRS taxonomy throughout the world. This may include the publishing of articles supportive of XBRL with the IFRSs and addressing public meetings on the same subject. Any such views expressed are personal, and should not create the impression that they are the opinions of the XQRT (this objective does not preclude XQRT members from independent critical analysis of the work of the XBRL team to assist better understanding of issues and solutions).

XQRT meetings

Members of the XBRL Quality Review Team are expected to attend two one-day meetings a year, usually in London, and to participate in one-hour telephone discussions in each month when a meeting is not held, but additional meetings may be convened at the request of the Chairman.

The meetings of the XQRT are open to the public except for administrative items, which are dealt with in closed session.

Observe a meeting 

To register as an observer for an XQRT meeting or conference call, please email your request to

Related documents

  • XBRL Quality Review Team terms of reference and operating procedures.

    Download now [PDF, 73 KB]