Paris, France, September 22, 2012 --(PR.com
)-- On 14 September 2012, Invoke became one of the first European companies to join the growing list of XBRL Foundation Certificate holders, and it is likely that further staff members will undertake the certification process in the near future.
The exclusive online training and examination program is offered by XBRL International in partnership with ITpreneurs, a leading developer of highly innovative and advanced training solutions. The five learning modules in the XBRL Foundation Certificate take learners progressively through a curriculum
designed to provide a solid foundational knowledge of the XBRL specification. The program covers a broad range of topics including a comparison of business reporting methods, the business requirements that drove the development of the XBRL Specification, the general architecture of XBRL, the specification’s main components and the basics of modeling for XBRL taxonomy development.
“Invoke’s involvement in the international XBRL community dates right back to the very early days. As a founding member of XBRL France and a direct member of XBRL International, it is only natural that Invoke should lend further weight to what is already an enduring commitment to the XBRL standard, by encouraging staff members to become XBRL-certified,” says Rémi Lacour, Invoke CEO.
Antoine Bourdais, Director of the Banking, Insurance & XBRL Division at Invoke, shares this view and adds, ”All the participating Invoke team members found the XBRL Foundation Certificate training to be a very valuable and worthwhile endeavor. By covering a comprehensive spectrum of both technical and business-related content, the training program is relevant to all staff profiles, and at every level of the company. Furthermore, it gives trainees a 360° view of the relevance of XBRL in the Business Reporting Chain, and this in turn allows them to envision new approaches to long-standing business reporting issues. Invoke remains fully committed to innovation in the realm of XBRL and data standardization, and we believe it is important to lend our support to fresh-thinking and new initiatives that are driven by XBRL International, which also help further the achievement of our corporate goals.”
Founded in 2001, lnvoke develops specialized software for managing financial, tax and regulatory information. Well-established as a key player in the international regulatory reporting sphere, Invoke sets itself apart by driving the company’s technological lead through continuous innovation. The resulting software is unique and showcases the latest reading, editing, production and validation technologies for application to financial data in XBRL format. Having gained industry-endorsement for its collaboration in large-scale transnational projects, Invoke delivers cutting-edge solutions and is the partner of choice for international supervisory bodies (ACP, Deutsche Bundesbank, ...), for groups in the banking sector falling under the scope of both local and European regulatory imperatives (Crédit Agricole, BPCE, Dexia, Danske Bank, Danica Pension ...), and for insurance companies concerned with Pillar 3 reporting within the framework of the Solvency II Directive. Invoke is a founding member of the professional association, XBRL France, and is a direct member of the XBRL International consortium. Invoke’s growing client base is today comprised of over 1,800 groups and national supervisory authorities, both domestically in France and abroad.
For more information: www.invokesoftware.com
About XBRL International
XBRL International is a not-for-profit consortium of over 600 companies and agencies worldwide working together to build the XBRL language and promote and support its adoption. The consortium members meet regularly at international conferences, conduct committee work regularly via conference calls, and communicate via email and phone calls throughout the week. This collaborative effort began in 1998 and has produced a variety of specifications and taxonomies to support the goal of providing a standard, XML-based language for digitizing business reports in accordance with the rules of accounting in each country or with other reporting regimes such as banking regulation or performance benchmarking. Interested companies and agencies are encouraged to join the XBRL International consortium and participate in building the future of electronic business reporting.
For more information: http://www.xbrl.org/AboutXBRL