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As per MCA guidelines, it is mandatory for a company to disclose its financial statements, board’s reports, and auditor’s report to the stakeholders. These financial statements are filed in Form AOC 4 ........ View More
XBRL, which stands for eXtensible Business Reporting Language, is a revolutionary tool used worldwide for the electronic communication of business and financial data. With the help of the right XBRL F ........ View More
Filing Financials Statements with RoC As per Section 137(1) of the Companies Act, 2013, every Company registered in India is required to file e-forms- AOC-4/ AOC-4 CFS/ AOC-4 XBRL/ AOC-4 NBFC/ AOC- ........ View More
What is quality tagging in XBRL? XBRL tagging is a unique solution to taxonomy issues that occur in conventional accounting formats. All the filings that the issuer submits must be presented in XBRL ........ View More
Introduction to XBRL XBRL or Extensible Business Reporting Language is an open standard for business reporting and communication of financial data. It makes the compilation of financial data easier ........ View More
Beyond the shadow of a doubt, innovation has significantly improved the ease of XBRL filing and reporting process, and the sky is the limit for companies to bring labeling in-house. On the contrary, s ........ View More
Today, XBRL is the most generally used XML standard for tagging business and financial reports to increase the transparency and accessibility of business information by using a uniform format. An incr ........ View More
Initially, XBRL filing was brought to bring uniformity in the reporting of financial statements. Different companies followed different methods of reporting their financial data, use of different term ........ View More
Together is a big word. So, when many people come together, they can do wonders. XBRL was developed by a number of accountants and technologists coming together and joining hands for a common objectiv ........ View More