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 the financial details. Here are some of the ways in which financial professionals can use XBRL in India

Digitisation is the order of the day. Just as there was a wave of transformation during the late 20th century from paper-based filing to electronic filing in PDF or HTML among various regulators, there is now another wave of change from a plain electronic format to an interactive standard.

Top 5 Reasons why Small Businesses and Accountants in practise should consider iXBRL outsourcing Are you looking at

On 13 July 2018 HMRC released VAT Notice 700/22: Making Tax Digital for VAT. As the scheme is only months away from its scheduled launch date, businesses and accounting firms alike will likely welcome the additional clarification that this release brings.

FDTA and the Future of Financial Data: Key Takeaways from the Recent Consultation   By integrating financial regulatory

Everything You Need to Know About SEC’s Cybersecurity Disclosure In today’s digital age, cybersecurity is a critical concern