Webinar to Feature XBRL Challenge Judge on Venture Capital and XBRL, October 25, 2011, 2pm ET

Join for contest updates and discussion of XBRL opportunities

Oct 18, 2011, 11:21 ET from XBRL US

WASHINGTON, Oct. 18, 2011 /PRNewswire/ -- Register now for the XBRL Challenge Webinar featuring Philip Moyer, Managing Director in the Technology Group at Safeguard Scientifics, who will discuss today's venture capital environment and the opportunities with XBRL applications.  

Over 60 individuals, companies and academics have already entered the XBRL Challenge, a contest designed to ignite innovation and spur further development of analytical applications that consume XBRL financial statement data.  Approximately 2/3 of the entrants to date are from the U.S., with the balance from Asia, Europe, Canada and Australia.  The Challenge seeks to reach developers and technologists, both individuals or teams as well as companies to get educated, share ideas and create original, useful tools for investors, researchers, regulators, economists, watchdogs and academics.  A $20,000 prize will be awarded to the top applicant.  Final applications must be submitted by January 31, 2012 and the prize will be awarded on February 29, 2012.

The upcoming webinar will cover:  

  • Interview with Philip Moyer
  • Update on contest rules and entries
  • Q&A

When:  2:00 – 2:45 PM ET, October 25, 2011
Where: Register at http://xbrl.us/challenge

  • Philip Moyer, Managing Director, Safeguard Scientific
  • Phillip Engel, Lead Technologist, XBRL US

XBRL US is the non-profit consortium for XBRL business reporting standards in the U.S. and it represents the business information supply chain. Its mission is to support the implementation of XBRL business reporting standards through the development of taxonomies for use by U.S. public and private sectors, with a goal of interoperability between sectors, and by promoting XBRL adoption through marketplace collaboration. XBRL US has developed taxonomies for U.S. GAAP, credit rating and mutual fund reporting under contract with the U.S. Securities and Exchange Commission, and has developed a taxonomy for corporate actions. For more information, go to xbrl.us.

Web site: www.xbrl.us

XBRL Challenge:  http://xbrl.us/challenge