(Tag Your 10-K with XBRL, Tag Your 10-Q with XBRL, Tag Your 20-F with XBRL) Preparing your financial statements (Form 10-Q, Form 10-K, Form 20-F) for the XBRL reporting required by the SEC is a two-step process: mapping comes first, followed by the actual XBRL tagging of the financial report itself. Mapping matches your financial [...]
Archive for July, 2010
Best Practices: Tagging Your U.S. Financial Report with XBRL
The Future of IFRS Financial Reporting Software
A year ago, Trintech issued a document discussing looming changes in financial reporting, including eXtensible Business Reporting Language (XBRL) and International Financial Reporting Standards, (IFRS). XBRL is now well underway, and most companies are outsourcing the tagging to printers while also looking at embedded technologies to streamline processes and cut costs. IFRS preparations, however, continue [...]
Complying with the HMRC iXBRL Mandate
The recent iXBRL mandate by Her Majesty Revenue & Customs (HMRC) requires that all statutory business tax returns be filed electronically using a technology called iXBRL or inline XBRL. After 31 March, 2010, paper filings will not be sufficient, and companies filing after this date must submit their tax returns online through the Government Gateway. [...]
