Nasdaq, Microsoft and PricewaterhouseCoopers launch pilot program to make financial documents easier to analyze, distribute and share; New financial reporting language leverages power of web.

0 Comments | M2 Presswire, August, 2002

M2 PRESSWIRE-6 August 2002-NASDAQ: Nasdaq, Microsoft and PricewaterhouseCoopers launch pilot program to make financial documents easier to analyze, distribute and share; New financial reporting language leverages power of web (C)1994-2002 M2 COMMUNICATIONS LTD RDATE:08062002 New York, NY -- Setting a new standard for the way corporate America reports financial information and data, The Nasdaq Stock Market, Inc.

(Nasdaq), Microsoft Corp. and PricewaterhouseCoopers (PwC) have teamed up to demonstrate the power of XBRL (Extensible Business Reporting Language), a new platform developed for corporate reporting over the Internet. The three organizations have joined forces on a pilot program to showcase XBRL's ability to provide companies with an easier...