Fujitsu Unveils Interstage XWand Version 10

20.11.08 - 08:56 ... source : Fujitsu

... Significant Reductions in Time & Cost for Preparation and Analysis of Financial Reports Using Latest XBRL SpecificationsTokyo, November 20, 2008 — Fujitsu Limited today announced Interstage® XWand® Version 10, the latest release of its acclaimed XBRL(1) software designed to help companies increase transparency and governance around financial activities. The newest release is one of the industry's first offerings to incorporate the power of business rules in XBRL-based reporting with the adoption of XBRL Formula 1.0(2), the latest extension to the XBRL specification. Early test results in customer environments have shown significant reductions in the time and cost associated with verifying and submitting financial reports. The U.S. Securities and Exchange Commission (SEC) has proposed a new mandate which would require companies using U.S.-based generally accepted accounting principles (GAAP) with a market capitalization of ...» Next (HTML)