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  Microsoft touts accounting format
Time: 09:50 EST/14:50 GMT | News Source: ZDNet | Posted By: Byron Hinson

PricewaterhouseCoopers and Nasdaq on Tuesday joined Microsoft in a pilot program promoting the use of a file format that the software giant is touting for accurate financial reporting. Seizing on an opportunity presented by a string of financial scandals, such as those that hit Enron and WorldCom, Microsoft hopes to generate interest in Extensible Business Reporting Language (XBRL), a file format that right now works best with the company's Excel 2000 or Excel XP.
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