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'XBRL in Plain English' on YouTube


May 23, 2008 (SmartPros) JustSystems, a software vendor in Japan and provider of XML and information management technologies, announced that its video, "XBRL in Plain English," is available on YouTube.



Publicly traded organizations, financial analysts, brokers, personal investors, and others ready to have XBRL demystified and learn about its business advantages can view the video at http://www.youtube.com/watch?v=5F1E-2LkhW8.

"XBRL in Plain English" comes as JustSystems prepares for its June 5 webinar with EDGAR Online, the Securities and Exchange Commission, and XBRL International, "Readying for the XBRL Mandate: A Proactive Approach to Surviving and Thriving in the New World of Interactive Data and Financial Reporting." As the webinar title suggests, the upcoming SEC mandate to file financial reports in XBRL is pushing the technology into the limelight.

"Finance people aren't typically interested in low-level technology discussions," said Jake Sorofman, senior vice president of marketing and business development for JustSystems. "Financial people want to hear about better ways to do business. That's what XBRL is -- a better way to create, share, and distribute the financial information that drives business. In plain English, XBRL reduces costs, improves information access, and makes it possible to conduct near real-time financial analysis."

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