Program to culminate in Pacific Rim Summit and Workshop, July 28-30, 2009
XBRL US announced an internship program for emerging XBRL practitioners as part of a summit and workshop in San Francisco on July 28-30, 2009. The event will assemble a rapidly growing community of professionals from around the Pacific Rim region who are implementing the XBRL business reporting standard in both the public and private sectors.
Interns from several countries will work alongside members of the XBRL US consortium's development team in New York City, using practices and technologies employed in "crowd-sourced" projects. These same practices brought over 200 business and technology experts together to build the US GAAP data standard now being used by the Securities and Exchange Commission (SEC) for publicly traded companies in a move to increase transparency and decrease costs.
XBRL (Extensible Business Reporting Language) is a royalty-free, open specification for software that uses XML data tags to describe business and financial information for public and private companies and other organizations. XBRL benefits all members of the information supply chain by utilizing a standards-based method with which users can prepare, publish in a variety of formats, exchange and analyze financial statements and the information they contain. XBRL International is a non-profit consortium of approximately 550 organizations worldwide working together to build the XBRL language and promote and support its adoption. XBRL International is responsible for the technical XBRL specification and each country-specific jurisdiction works to facilitate the development and adoption of local XBRL taxonomies, or dictionaries, consistent with accounting, regulatory, and market standards and practices.
XBRL US Launches Intern Program to Foster Cooperation and Build Community
