CPA Software Giants Join XBRL Effort

A number of prominent accounting software companies have signed on with Big 5 firms, the AICPA and international organizations to step up the push for XBRL.

XBRL is short for Extensible Business Reporting Language, and is the brainchild of a consortium seeking to establish an international language to report financial information over the Internet.

A few of the software companies participating in the effort include Navision, Best and Sage.

Program Note: Mike Willis, a partner at PricewaterhouseCoopers and Chairman of the XBRL Steering Committee, will join AccountingWEB to present an online workshop on Tuesday May 2 at 4 pm EDT to explain what the new reporting language is all about. Be sure to mark your calendars for this session!