XBRL format financial report preparation
Time:2024-10-18 13:59:01 Views:
XBRL format financial report preparation:
Starting from November 1, 2007, ACRA requires Singaporean registered companies to submit financial statements in XBRL. XBRL is an extensible business reporting language, which is a special computer language used to present financial statements based on online records or transfers. These records can be directly handed over to auditors, financial analysts, and regulatory agencies for various purposes. XBRL can provide value-added financial information, improve transparency and reliability, and timely disseminate relevant financial information.