XBRL allows us to complete end to end with the preparation of the Directors report as well as XBRL accounts for your Annual Return and Tax Returns.
Extensible Business Reporting Language (“XBRL”)
XBRL Financial Statements | XBRL Conversion Singapore – XBRL is an open-source software that enables the organisation and management of financial data for research and analysis. It also facilitates the communication of financial information online and amongst businesses with significant accuracy and reliability.
The Accounting and Corporate Regulatory Authority of Singapore (“ACRA”) has adopted XBRL as part of its strategy to streamline financial reporting and enable to flow of financial information to the international business community, thus promoting a pro-enterprise environment.
Singapore incorporated companies are required to file their Financial Statements in XBRL format. XBRL facilitates efficient conduct of business, enhancing reliability and accuracy of financial reporting with improved transparency and timely dissemination of relevant financial information.