XBRL is changing the way public companies file financial information and investors access that data. Mike Willis,CPA founding member of XBRL International and partner at PWC was at the Maryland Business & Accounting EXPO (http://www.MDBIZEXPO.com) to give the latest on this exciting development in the financial reporting arena. The photo on the right is me (with mustache) and Mike on the right at a dinner after meeting on the Enhanced Business Reporting Committee of the AICPA.
Mike did his usual fantastic job at the EXPO and was covered in an article in the Baltimore Business Journal by reporter, Rachel Sams, Scanning the System: Public Companies brace for new way to file financials. But if you know Mike, he was not content to stop there. When he saw our sessions on Second Life at the EXPO he wanted to do a session on XBRL in Second Life the virtual world.
Serendipity played a big role as MIke connected us to his Partner Eric E. Cohen (Otto Chin in SL) and then through Linden CFO, John Zdanowski (who spoke "virtually" at our EXPO) to the SF FENG group and then viola we had a "mixed reality event" about XBRL in Second Life. Funny how that is the way this social media / Web 2.0 stuff works...
The event was held successfully on July 15th at our BLI Conference Center on CPA Island and live from the SF FENG group in San Francisco. See the blog post reporting this, Virtual Workshop Examines Reality of XBRL
Thanks Mike for pushing us to showcase an innovative financial concept on an innovative software platform.