New York-based XBRL International has announced that version 2.1 of its XBRL (Extensible Business Reporting Language) technical specification will enhance the ability of financial service firms to use the Internet for business reporting by fostering greater interoperability between XML software applications.XBRL International said the first exchange to implement the system was the listing department of the Tokyo Stock Exchange. In August 2003, an XBRL software vendor survey showed that two-thirds of accounting software vendors surveyed have either already XBRL-enabled at least one of their accounting software packages or will do so by December 2004. The company can be found online at http://www.xbrl.org.
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