JustSystems and SEC to Promote Benefits of XBRL at IQPC’s Corporate Finance Exchange
Presentation Provides Best Practices in Anticipation of Mandated Reporting of Financial Statements
NEW YORK and VANCOUVER — September 11, 2008 —
JustSystems, the largest independent software vendor in Japan and a worldwide leader in XML and information management technologies, today announced that it will co-present with the U.S. Securities and Exchange Commission (SEC) at the
Corporate Finance Exchange highlighting the value that XBRL (eXtensible Business Reporting Language) will bring to corporate finance departments.
XBRL — Not if, but When. The SEC recently voted unanimously to propose a rule requiring companies — by as early as next year — to file financial statements in an “interactive data” format. The potential for reduced costs, improved information access, and near real-time financial analysis are also making XBRL a top-of-mind business issue.
The
IQPC Corporate Finance Exchange is an exclusive invitation-only event for senior finance executives to gather insight into emerging issues and assess the latest solutions and technologies that can translate into the realization of their overall business objectives. The event is being held at the Pinehurst Resort & Spa in the Village of Pinehurst, North Carolina on September 14-16, 2008. For more information about the event, visit
www.corporatefinanceexchange.com, call 1-866-296-4580 or email
exchange@iqpc.com.
Diane Mueller, vice president, XBRL development for Just Systems, and Ted Uehlinger, enabling technology specialist for the U.S. SEC, will speak at the session titled, “Best Practices: Extending The Benefits Of XBRL Into Your Organization,” on Sunday, September 14, 2008, at 3:30 p.m. The speakers will share their knowledge and insights on:
- What is XBRL and how does it work?
- Understanding the manipulation capabilities of this language
- Evaluating the latest technologies and solutions and what they offer
- What does the future hold for XBRL?
“XBRL has the power to transform financial reporting because it provides a better way to create, share, and distribute the financial information that is essential to a successful business decision-making process,” said Mueller. “In preparation for the upcoming SEC mandate, corporate finance departments must become familiar with XBRL now to stay ahead of the game.”
For more information on JustSystems, please visit
http://www.justsystems.com/ and the JustSystems Knowledge Center at
http://na.justsystems.com/KnowledgeCenter.
Recent News and Resources
ROI Blueprint for Structured Content. The cornerstone of
Developing a Strategic Roadmap for Structured Content, a comprehensive educational initiative developed by JustSystems with support from The Gilbane Group; detailed in a recent
news release,
interactive blueprint, and series of
webinars.
XBRL. JustSystems’ campaign to help organizations adopt XBRL (eXtensible Business Reporting Language)
press release; another
press release highlighting the contribution of key XBRL rendering technology to the financial community; a
YouTube video putting “XBRL in Plain English” and an
executive commentary detailing “What You Need To Know about XBRL.”
About IQPC Exchange
IQPC Exchange specializes in unique “Exchange” style events where attendance is strictly limited to senior executives and a selection of service providers offering innovative technologies and services. Visit
www.iqpcexchange.com for more information on this unique conference format.
About JustSystems
JustSystems is a leading global software provider with three decades of successful innovation in office productivity, information management, and consumer and enterprise software. With over 2,500 customers worldwide, the company is continuing a global expansion strategy based on its xfy enterprise software, XMetaL content lifecycle solutions, and its pioneering work in enabling XBRL financial reporting technologies. JustSystems is a 2008 Gartner Cool Vendor, one of the 2008 KMWorld 100 Companies that Matter in Knowledge Management, a 2007 EContent 100 member, and was recognized on the 2008 KMWorld Trend-Setting Product list for XMetaL. Major strategic partnerships include IBM, Oracle and EMC. For more information, please visit
http://www.justsystems.com.
All brand names and product names are trademarks or registered trademarks of their respective companies.
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