RBI gets award for innovation in XBRL reportingThe Reserve Bank today said it has got recognition for its efforts to improve regulatory reporting and has been given the XBRL Internationa...
BSE implements XBRL-based e-filing of financial resultsBSE has moved to XBRL for reporting of financial results by listed companies, as part of its efforts to launch electronic filing for all re...
Over 1,000 cos on BSE report shareholding pattern through eXtensible Business Reporting LanguageWith an aim to make reporting more accurate and efficient, BSE had implemented the XBRL based reporting for shareholding pattern, from June...
BSE moves to XBRL format for reporting shareholding patternsAccording to BSE, XBRL would provide validations which will improve the accuracy of filings by a firm significantly.
- New business format XBRL filing deadline further extended to February 15
Corporate Affairs Ministry has extended the deadline for companies to furnish their filings in the new business format, XBRL, and now the e...
- Now, companies have time till December 15 to comply with XBRL format
Providing more time for companies, the Corporate Affairs Ministry has extended the deadline for making filings in the new reporting format,...
- Cost audit reports to come under the ambit of XBRL
After successfully implementing the new financial reporting format for submitting balance sheets across companies last year.
- Now, mutual fund companies adopt the new financial reporting format XBRL
After being successfully introduced last year, the new financial reporting format, XBRL, is now being adopted by many mutual fund companies.
- Mumbai traffic cops offer lessons in book keeping to India Inc
The new financial reporting format for companies has found ready takers in Mumbai's traffic cops, who hope to use the electronic reporting ...
- Govt sends reminder to ICAI as only 7% cos shift to new reporting format
All listed cos and some unlisted ones are required to file their financial statements for the year ended March 31 in the XBRL format by Nov...
- Infosys launches XBRL filing solution to help companies file financial statements
This standalone solution can be integrated into a Microsoft Excel format and can be used immediately after installation.
- Companies to use their own accounting terms from next fiscal year
The government will allow companies to use their own accounting terms in the new reporting format from the next fiscal year
- Auditors and Company Secretaries spared of matching XML A/Cs with original balance sheet
Auditors and company secretaries will not be required to certify that filing of accounts under a new electronic format match the original b...
- New financial reporting format to enable data sharing among company watchdogs
This will also reduce compliance burden for corporates, as they will no longer have to file data separately to multiple agencies.
- XBRL: The new business language
Industry needs to master the new tool for reporting financial statements and understand its implications
- Cos may have to file financial statements in e-format soon
Domestic companies may soon have to file financial statements in a computerised format to enable easy flow of information between regulator...
- XBRL's first part to be out by Sept this year
Apex accounting body ICAI said it will come out with the first part of a user-friendly online language called XBRL by September this year.