XBRL (eXtensible Business Reporting Language) is the global standard for digital business reporting, mandated for certain companies to submit financial statements to regulatory authorities.
XBRL is an XML-based markup language for electronic communication of financial data that provides:
XBRL filing offers significant advantages over traditional paper-based reporting:
Companies that implement XBRL reporting gain:
We follow a meticulous 6-step process to ensure accurate XBRL conversion and filing
Gathering audited financial statements, notes to accounts, and other relevant documents in PDF/Word format.
Identifying the appropriate XBRL taxonomy based on company size, industry, and reporting requirements.
Mapping financial data elements to the correct XBRL tags in the taxonomy for accurate representation.
Rigorous quality checks to ensure the XBRL instance document meets all technical and business rules.
Sharing the draft XBRL document for review and obtaining sign-off from company directors.
Final submission to MCA portal along with other required forms using digital signatures.
Our team of XBRL experts ensures accurate, timely, and compliant filings with the Registrar of Companies. Get a free consultation today.
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