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XBRL TAXONOMIES
- Govt may halve turnover threshold to bring more cos under electronic reporting norm
The ministry of corporate affairs has formed a committee to develop a roadmap for future XBRL implementations as it plans to cover about 2 ...
- 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...
- 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
- Soon, you can read a company balance sheets in your language
It will be possible once data on a standard balance sheet has been converted to the new format , known as XBRL
- 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...
- Get a fix on corporate risks at the click of a mouse
The ministry of corporate affairs is working with sectoral regulators to put in place a centralised data pool that would help banks and len...
- 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.
- Sebi to introduce user-friendly language XBRL
Market regulator Sebi is working on a user-friendly online language called XBRL (Extensible Business Reporting Language) which will enable ...