“XBRL - The eXtensible Business Reporting Language ”


8/15/2011 3:39:14 PM   Bron: instantreporting.nl

New York, NY, March 28, 2011 - XBRL International, Inc. (XII) today announced an expanded membership structure that allows corporations, associations, NGOs, regulatory bodies, government agencies, not-for-profits and others the option to directly join the XBRL International consortium, the global standards organization that develops the eXtensible Business Reporting Language (XBRL) standard and advocates its adoption.“Our members share a common vision in which all business information is transparent, accessible, and accurate through the use of the XBRL standard,” said Anthony Fragnito, CPA, CEO of XBRL International, Inc. “Direct membership in XII allows organizations that have the same global vision to get involved, including in the standards development process. This option permits all employees of a direct member to participate in XII working groups, activities and programs at the international level, regardless of where they are based. With the growing use of XBRL around the world, our goal is to increase the volunteer resources for our technical committees and working groups as well as organizational programs,”In January 2011, XII launched its Abstract Modelling Task Force to build a common blueprint for software architects, engineers and developers to use as they create XBRL-enabled solutions to meet the growing uses of XBRL. No Magic, Inc., a software modeling provider, is a Partner supporting that effort. From time to time, XII creates additional technical working groups to support development and adoption of the standard. “The addition of volunteer resources from direct members to participate in these technical groups is crucial for XII,” added Mr. Fragnito.In addition to direct members at the international level, XII also maintains a global network of local market jurisdiction members in more than 30 countries. Each jurisdiction is generally comprised of member organizations that include regulators, government agencies, for profit corporations, not-for-profits, associations and academics.“Local jurisdictions continue to lead the adoption of XBRL as they coordinate local market opportunities to drive XBRL use, develop taxonomies and advocate for XBRL at the local level,” said Arleen Thomas, CPA, Chair of XBRL International, Inc. “Local jurisdictions remain a critical member class as well as partner to XBRL International. With this new opportunity for direct membership organizations will have an opportunity to engage their entire staff in the membership benefits and technical developments of the XBRL standard led by XBRL International.” About XBRL International, Inc.XBRL International is the global not-for-profit electronic business reporting consortium. It is comprised of more than 650 public and private sector organizations from more than 30 countries that collaborate to improve decision making across business and government by enhancing the way that performance information is defined, prepared, exchanged and analyzed. Specifically, XII is responsible for the ongoing development and maintenance of the eXtensible Business Reporting Language (XBRL) and the promotion and support of its adoption. Interested organizations are encouraged to join the XBRL International consortium and participate in evolution of business information. To learn more about these opportunities visit www.xbrl.org/evolution. Media Contact: XBRL International Media Relations:David ColgrenTelephone: +1 (917) 587-3708Email: dcolgren@colcomgroup.comBron: http://www.xbrl.org/Home/

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