May 167 minTHE IMPORTANCE OF ANNUAL FINANCIAL STATEMENTSThis article is mainly aimed at directors of SME’s who require guidance in respect of Annual Financial Statements and accounting...
May 161 minSo now that we know what it is, how it works and the objective of XBRL, how do get our financials inThe first step is to ensure your annual financial statements are prepared and finalized. Once this is completed then only can this be...
May 161 minSo how does XBRL affect your business?From 1 July 2018 (Being the effective date) CIPC requires a company’s Annual Financial Statements to be submitted in the iXBRL format....
May 161 minHow does XBRL work?The way XBRL works is that it tags important financial data. This tagging process basically allocates a unique identifying tag for each...
May 161 minSo, what is XBRL and how does it affect South African Companies?XBRL is short for Extensible Business Reporting Language. This is a globally recognized reporting format or electronic language used for...