Empresas y finanzas

XBRL International Conference Convened to Demonstrate XBRL In Action Today around the World



    XBRL International, Inc. (XII), a global consortium dedicated to the

    development and adoption of XBRL, convened the 17th XBRL International Conference today in the Netherlands. Drawing more

    than 300 prominent securities regulators, business and financial

    executives, analysts, investment professionals and software developers

    from 37 countries, the "XBRL in Action" themed conference opened with sessions showing real use case studies of

    XBRL around the world. XBRL is now mandated or used in voluntary filing

    programs in Australia, Belgium, Canada, China, Denmark, France, Germany

    India, Israel, Japan, Korea, Netherlands, Singapore, Spain, Sweden

    Thailand, United Kingdom and United States.
    "Markets representing two-thirds of the world´s

    total market capitalization have mandatory or voluntary XBRL filing

    programs in place," said Anthony Fragnito

    CPA, CEO of XBRL International, Inc. "Just as

    companies using XBRL have attracted more attention from analysts and

    investors, the global XBRL effort is attracting more attention from

    international organizations representing financial executives

    securities regulators, auditors and accountants. This further

    illustrates that the market has accepted XBRL as the standard for

    business reporting and these groups have moved XBRL higher up in

    priority."
    XII also announced today that JustSystems, Inc., an active global XBRL

    member, has contributed its intellectual property rights for XBRL

    rendering technologies to XII, the standards body responsible for

    oversight of the XBRL specification.
    "JustSystems´ generosity and leadership in donating its intellectual property is very

    much appreciated by the consortium," added

    Fragnito. "This is an excellent example of

    how our collaborative process works, making relevant XBRL inventions by

    our members available for use within the XBRL community. XBRL was formed

    on the basis of open source technology, and our collaborative

    development model relies on the generous contributions of its members

    for promulgation of the global XBRL standard."
    Under the terms of the contribution, XBRL formatting linkbase patents

    held by JustSystems will not be asserted. JustSystems will maintain

    invention rights, but the intellectual property and all documentation

    can be applied freely by the software developer community at large.
    Fujitsu (www.fujitsu.com) is the

    presenting sponsor for the conference.
    About XBRL International
    XBRL International, Inc (XII) is a global consortium using a

    collaborative effort to create XBRL, an open source, standard for

    business reporting based on XML. This Web protocol is being developed

    and promoted by an international not-for-profit consortium of more than

    600 major international companies, organizations and government

    agencies. For more information about XBRL, please visit www.xbrl.org.