XBRL Blog

 

Country-by-Country reporting norms for MNEs

17 May, 2019  Posted By Priyadarshini   Posted in CbCR
Tags: , , ,

What is Country-by-Country Reporting (CbCR)? More and more countries are requiring multinational enterprises (MNEs) to comply with the new model of tax reporting and compliance. MNEs are subject to multiple tax jurisdictions. Country-by-Country reporting requires all types of large multinational … Continue reading

 

Irish Corporation Tax and “No Deal” Brexit – A change in store?

12 Apr, 2019  Posted By Thenvi Subin   Posted in Tax
Tags: , ,

Is Brexit likely to change all of this? A valid question that seems to be lingering in most minds. In the light of Brexit, if Ireland is to remain attractive to multinational investment over the long term, it would need … Continue reading

 

Ireland’s Corporation Tax and What It Bodes for Business

12 Apr, 2019  Posted By Thenvi Subin   Posted in Ireland
Tags: , ,

Ireland is increasingly being called the world’s biggest corporate tax haven. Wondering why? Well, Ireland’s open, transparent and welcoming tax regime, makes it an attractive location for global investments. The legislation of the country is conducive to the establishment of … Continue reading

 

When Do they Accept Late Submission without Penalty for ACRA?

25 Jan, 2019  Posted By Thenvi Subin   Posted in iXBRL
Tags:

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
Tags:

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
Tags:

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
Tags:

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
Tags:

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
Tags:

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

 

Pin It on Pinterest