What is XBRL? Explained by CS Nisha Gupta XBRL is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. It offers cost savings, greater efficiency and improved accuracy and reliability to all …
In India, the following documents are typically required for filing financial statements under XBRL (eXtensible Business Reporting Language) to the Ministry of Corporate Affairs (MCA): It is important to ensure that all the required documents are prepared and structured in a way that can be mapped to the elements defined in the XBRL taxonomy chosen …
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Converting an Excel file into XBRL (eXtensible Business Reporting Language) involves several steps: Note: The exact steps may vary depending on the XBRL software you use, so it is important to follow the software’s specific instructions. It is also advisable to consult a professional to ensure that the conversion is done correctly.
There are several XBRL (eXtensible Business Reporting Language) software options available in India, both commercial and open-source, that companies can use to create their XBRL files. Some popular XBRL software options in India include: Note: The list is not exhaustive and there may be other XBRL software options available in India. It is important to …
XBRL Software available for filling in india learn from CS NISHA Gupta Read More »