LONDON, November 19, 2010 /PRNewswire/ -- MetaMoJi Corporation, a leading XBRL (eXtensible Business Reporting Language) software supplier headquartered in Tokyo, Japan, is pleased to announce MashIQ XBRL Report has been granted HMRC recognition for its iXBRL support and has been added to HMRC's official list of commercial vendors.
The HMRC mandate of the use of the "inline XBRL" (iXBRL) format for Company Tax returns takes effect from April 2011. The HMRC recognition process ensures that the iXBRL documents MashIQ XBRL Report produces meets their quality standards.
"We are pleased to have gained HMRC recognition for MashIQ XBRL Report and to have MetaMoJi added to the roster of iXBRL-compliant software vendors," said Kaz Ukigawa, MetaMoJi CEO. "This is a great milestone, further demonstrating MetaMoJi's ongoing commitment to XBRL adoption efforts."
MashIQ XBRL Report enables you to easily create and publish rich, user-generated iXBRL content that can be viewed with any browser and shared via the MashIQ Report Cloud.
Within the submission process for HMRC Corporation Tax returns, MashIQ XBRL Report can be for internal and external assurance purposes to review and validate content and ensuring that the mappings from the original accounts into iXBRL have been done correctly. It is also used by filing preparers to create iXBRL documents from raw XBRL instance data if their solution is unable to produce inline XBRL directly.
MetaMoJi Principal Technology Advisor, Diane Mueller, commented: "Accountants and regulators alike require a visual representation of financial reports before approving their release or attesting to the authenticity of a financial document. Inline XBRL revolutionizes the delivery of this content by marrying the power of the XBRL standard with the simplicity of HTML to deliver visually accurate, XBRL compliant financial reports directly to your browser, radically simplifying the corporate reporting workflow for preparers, auditors, regulators & the entire investor relations supply chain."
MashIQ XBRL Report allows you to take any XBRL source file or any pre-existing iXBRL document and extract the financial content, removing the need to copy and paste, improving accuracy. The user can then analyse, compare and report on those financial facts, and compose new iXBRL reports that can be shared with colleagues and easily viewed in any browser. These reports can subsequently be re-used to produce additional reports, all based on the original financial facts.
The MashIQ XBRL Report software is available now. To download your free copy just register on our community site http://www.mashiq.com and then follow the instructions at http://www.mashiq.com/community/hmrc to start working with inline XBRL in minutes.
For more information on HMRC & iXBRL visit http://www.hmrc.gov.uk/efiling/ctsoft_dev.htm
About MetaMoJi
MetaMoJi Corporation was incorporated by Mr. & Mrs. Ukigawa, the founders of JustSystems (JASDAQ: 4684) in 2009 to evolve human understanding and interaction with the ever-expanding web of data that is stored within organisations, made available through the cloud, and published on the web. For more information about MetaMoJi Corporation please visit http://www.metamoji.com
Contact Ben Walshaw Telephone: +44(0)203-286-9992 ben@metamoji.com
SOURCE: MetaMoJi Corporation
CONTACT: Ben Walshaw, Telephone: +44(0)203-286-9992, ben@metamoji.com
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