eXtensible Business Reporting Language (XBRL), an eXtensible Markup Language (XML)-based reporting standard, provides a standardized language method that allows users to prepare, publish, exchange, and analyze business reports/statements and the information they hold. Accountants are leading the use of XBRL for final reporting. For instance, says Mike Willis, founding chair of XBRL International and a partner of PricewaterhouseCoopers, XBRL is the Internet's information format for describing final and business reporting data in a way that all software can capture and process. Willis also says tagging of blocks of business information with common data definitions and providing a way of transporting over the Internet, such standards which are referred to as XBRL Web services, allow different software applications to send and share information directly with each other. XBRL, which is an international market-driven corporate information format standard and a platform for corporate reporting standards that have already been adopted by the IASB, allows financial statement preparers to encode their financial statement information with standardized vocabularies of terms (taxonomies) so that they can select from the vocabulary the precisely accurate meaning meant to be communicated to analysts, the market, and government. XBRL is used in pilot and implementation programs around the world and in the U.S. at such agencies as the FDIC. XBRL International has about 250 members across 13 jurisdictions.