Options for converting financial statements to XBRL format
How to prepare and file XBRL reports?
The SSM XBRL taxonomy consists of approximately 5,500 elements for the MFRS financial statements and 2,364 elements for the MPERS financial statements. Filers who are involved in preparing the XBRL report should have knowledge of accounting standards and financial reporting to be able to prepare the MBRS financial statements.
Companies have multiple options to consider when it comes to preparing their XBRL reports. The best option will depend on the resources available in house.
FinTags - a compelling choice for XBRL Services
Our competitive differentiators designed to benefit our customers
FinTags is a compelling choice for companies seeking to outsource their XBRL reporting process. FinTags team have the experience of being involved in preparing XBRL reports right from the time iXBRL filing was mandated in UK by HMRC in 2011. The team is also experienced in preparing XBRL reports for subsequent mandates in Ireland, India, Singapore, South Africa and Malaysia.
To benefit our clients, we offer meaningful differentiating features from our competitors such as