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Why Fujitsu?
GAIN BENEFITS
- Data is easily accessible and extractable which may results in improving productivity and efficiency of data reporting
- Exchange of data could be done automatically
- Significantly improves the usability of reporting system in regards with:
- Standardized format allows reported information easily compared and analyzed
- Automated validation minimizes inaccuracy of data
- Ease of reports dissemination and disclosure to make it available for the public
- Accelerate decision making consideration for business investors
ADVANTAGES OF FUJITSU
- Leading in XBRL Standard Development
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Fujitsu contributes to many of the latest specification development, such as Dimensions, Formula, Versioning, Inline XBRL, Table Linkbase (XII Compliance).
- No.1 XBRL Middleware: Interstage XWand
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Fujitsu implements XBRL to over than 100 customers in 34 countries including Central Banks, Government, Banks, Auditor, and many others for example:
- In Japan, 3 out of 4 major regulators are Fujitsu’s customer.
- Security Exchange Commission (SEC) of United States
- Bank of Spain in Europe
- IFRS, US-GAAP, Japanese GAAP, and most of major taxonomy are developed by Interstage XWand tools
- Fujitsu Selected Customers in Indonesia
- Regulatory body of the capital market
- Several conventional and sharia banks
- Support Locally
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Fujitsu Indonesia experienced engineers are eager to deliver excellent support to help you in adopting XBRL technology.
CASE STUDY
- In the United States, the Securities and Exchange Commission (SEC), since December 2008, has mandated the use of XBRL for listed companies reporting their financial reports.
- In the United Kingdom HM Revenue and Custom (HMRC) has mandated the use of XBRL for filing of UK company accounts and Corporation Tax Returns since 2011.
- In Japan, the Tokyo Stock Exchange used XBRL in its Timely Disclosure network (TDnet) to distribute financial information for 3000 registered companies to all press organizations simultaneously.
- The Committee of European Banking Supervisors (CEBS) has adopted XBRL for Banking Solvency Reporting (COREP) and Financial Reporting (FINREP).
- Holland and Australia have adopted XBRL for use within their Standard Business Reporting Programs (SBR) for business to government reporting.
- Many other countries such as Korea, Chile and Spain have ongoing national projects already making use of XBRL technology.
- Other countries in Europe, Asia, and Latin America are preparing individually for worldwide XBRL implementation.