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 →

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 →

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 →

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 →

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 →

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 →

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 →

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 →

Many companies in the U.K. have their year-ends on either the 31 December or 31 March. This means that many businesses, especially those with December year-ends, will need to comply with HMRC filing deadlines within a matter of weeks. With … Continue reading →