XBRL International, an AICPA-founded, not-for-profit global consortium of more than 400 companies and agencies working to promote technology for better and easier financial reporting, established the XBRL Standards Board to strengthen the quality, consistency and stability of the group’s technical materials and increase the openness and formality of the process for setting XBRL standards in order to accelerate adoption of XBRL throughout the world ( www.xbrl.org/announcements/xsb-pr-final-4april2006.htm ). Michael Ohata of Microsoft Corp. has been appointed the board’s first chairman, and nominations for other board positions are under consideration.