XBRL Blog

 

When Do they Accept Late Submission without Penalty for ACRA?

25 Jan, 2019  Posted By Thenvi Subin   Posted in iXBRL
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All private limited companies which are based in Singapore need to be compliant with Accounting and Corporate Regulatory Authority (ACRA). Annual filings are essential for active as well as dormant Singapore companies. If you fail to meet ongoing compliance requirements … Continue reading

 

Vital Changes Which You Need To Know About 2019 IFRS Update

25 Jan, 2019  Posted By Thenvi Subin   Posted in IFRS

With the start of the new year, a number of changes and amendments of IFRS has been made. In this article, we cover all major changes and amendments which have been made in 2019- The new standard IFRS 9 Financial … Continue reading

 

The Financial Professionals Guide to Surviving XBRL in India

27 Dec, 2018  Posted By Thenvi Subin   Posted in XBRL
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XBRL(eXtensible Business Reporting Language) is a language used for electronic communication in business reporting. It offers numerous advantages in preparation, analysis and communication of business details. XBRL ensures cost savings, enhances accuracy and reliability to all individuals who are using … Continue reading

 

Introduction to Structured Data Standard: XBRL

20 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL
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XBRL(eXtensible Business Reporting Language) has gained popularity as one of the most popular mediums for sharing financial data among financial publishing houses, stock broking firms, security regulators, accounting organizations etc. What makes XBRL user-friendly is the fact that each information … Continue reading

 

The Significance of Malaysian Business Reporting System

20 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL
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In Malaysia, all firms (public as well as private) have to register themselves with Suruhanjaya Syarikat Malaysia (SSM), the Malaysian regulator. Its responsibility is to improve and promote the supply of business details and create a facility in which the … Continue reading

 

Role and Significance of Companies and Intellectual Property Commission

20 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL
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A few years ago, the Companies and Intellectual Property Registration Office (CIPRO) was replaced by Companies and Intellectual Property Commission (CIPC). Since this new act came into being, there has been a significant change in the way business owners register … Continue reading

 

What is XBRL Filing? Do I Need It?

20 Dec, 2018  Posted By Thenvi Subin   Posted in XBRL tagging
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XBRL is an abbreviation of Extensible Business Reporting Language. It is widely used for presenting data which ensures hassle-free analysis, thereby bringing down costs, time and effort of businesses. It ensures paperless reporting and is therefore gaining widespread acceptance across … Continue reading

 

Filing Your CT600 – An Overview

14 Dec, 2018  Posted By Thenvi Subin   Posted in CT600
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If your business is set up as a company in the United Kingdom then you will more than likely have to file a corporation tax return – known as a CT600 – to HMRC. What is a CT600? Very simply, … Continue reading

 

What You Need to Know About iXBRL Tagging

14 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL Tagging
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Her Majesty’s Revenue and Customs (HMRC) is just one body across the world that requires companies to file their corporation tax returns and accounts in iXBRL format. This requirement has been in place for a number of years – specifically, … Continue reading

 

How Does iXBRL Affect My Business’ Accounts Preparation and Reporting Process?

07 Dec, 2018  Posted By Thenvi Subin   Posted in iXBRL
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From 1 January 2010, legislation has been in place in the U.K. that requires companies to file their accounts and computations with HMRC in Inline XBRL (iXBRL) format in respect of returns submitted on or after 1 April 2011. There … Continue reading

 

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