The world's first global Accounting Summit will be held in Dubai on May 29 - June 1, 2005. It will be attended by representatives of countries aroiund the world that are members of the International Accounting and Reporting Standards bodies. The Summit is a recognition of the incredible speed with which accounting standards are going global. The meeting will also include XBRL on its agenda. XBRL is an XML application that is rapidly gaining acceptance as a means of reporting and filing electronic information. It is backed by a global network of companies and organizations.First global accounting summit to be held in Dubai | World Accounting Summit