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XBRL FILING
NSE seeks comments on submission of board meeting outcomes in XBRL formatAccordingly, stock exchanges have implemented XBRL-based compliance filing mechanisms, featuring identical and homogenous compliance data s...- MCA extends deadline for companies to submit annual filingsEarlier this month, the apex body of company secretaries ICSI had written to the Ministry seeking extension of deadline for submission of a...
- Government exempts housing finance cos from XBRL filingsIn a recent notification, the Corporate Affairs Ministry said "housing finance companies need not file financial statements" under the XBRL...
- BSE launches 'XBRL Taxonomies' in public domainThe taxonomies consists of a delineation of all the business and financial concepts along with their basic accounting and XBRL properties.
- 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...
- Companies get more time for filing annual returns with MCAUnder the Companies Act, 2013, form AOC-4, AOC-4 XBRL are for filing of financial statements while MGT-7 pertains to submitting annual retu...
- 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 15Corporate 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 formatProviding 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 XBRLAfter 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 XBRLAfter being successfully introduced last year, the new financial reporting format, XBRL, is now being adopted by many mutual fund companies.
- Govt sends reminder to ICAI as only 7% cos shift to new reporting formatAll 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 statementsThis standalone solution can be integrated into a Microsoft Excel format and can be used immediately after installation.
- Companies may get more time to file balance sheets in new reporting formatThe ministry of corporate affairs (MCA) is likely to extend its deadline for companies to file their balance sheets in the new reporting fo...
- Companies to use their own accounting terms from next fiscal yearThe 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 sheetAuditors 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 watchdogsThis will also reduce compliance burden for corporates, as they will no longer have to file data separately to multiple agencies.
- XBRL: The new business languageIndustry needs to master the new tool for reporting financial statements and understand its implications
- Cos may have to file financial statements in e-format soonDomestic companies may soon have to file financial statements in a computerised format to enable easy flow of information between regulator...
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