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Business and Financial Reporting Applications Get Boost From Release of Latest XBRL Specification Version 2.1; Enables Greater Interoperability of XBRL Applications and Eases Implementation Efforts By Users.

Publication: PR Newswire
Publication Date: 06-JAN-04
Format: Online - approximately 793 words
Delivery: Immediate Online Access

Article Excerpt
NEW YORK, Jan. 6 /PRNewswire/ -- XBRL International, a global consortium of over 200 leading accounting, technology and financial services companies and government agencies, announced today the Recommended Release of version 2.1 of its XBRL (Extensible Business Reporting Language) technical specification. Enhanced functionality of version 2.1 will ease XBRL implementation by users of XBRL-enabled software and will improve the ability of application developers to create platform independent XBRL applications and tools.

"In this latest release of the specification, the manner in which business reporting software applications produce or consume XBRL-tagged data has been clarified and enhanced," said Walter Hamscher, XBRL International Steering Committee Member at Large and Acting Chair. "We worked with the leading software developers and users...

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