Rivet Software announced a marketing deal with the American Institute of CPAs to promote Rivet's Dragon Tag and Dragon View applications as the software of choice for accounting and finance professionals. The applications both implement the Extensible Business Reporting Language.
XBRL is a technology that tags financial information through disparate applications and carries it through the business reporting chain can lower costs and provide enhanced analytical capabilities for users, preparers and consumers of financial statements. The Securities and Exchange Commission is working on efforts to standardize the language's use for the filing of public company and investment company financial reports.
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