XBRL Conversion

Conversion Services by XBRL

We own a devoted team for XBRL conversion service that includes experts in the concerned domain. Many top corporate houses depend upon us to have their financial statements turned in XBRL form as per given taxonomy and business norms.

Opposite to usual perception, XBRL holds a 10-15 percent role in converting, and other is reliant on domain knowledge of financial statements upon tagging and putting notes with applicable sections.

The scope of our work is to turn the financial statement in the XBRL format upon using the mentioned Taxonomy and Business norms for the concerned financial year.

Below documents, including Financial Statements, will be turned in XBRL format:

1) Report of director and associated Annexures

2) Report of auditor and associated Annexures

3) Balance Sheet

4) An account of gain and loss

5) Statement of cash flow

6) Accounts notes

XBRL compliance needs can be applied to certain chosen companies that comprise around 3 percent of all companies registered, which is around 9 lac companies in India.

The threshold restrictions for XBRL compliance need is provided below:

1) Listed companies and their subsidiaries other than foreign subsidiaries OR

2) Unlisted companies with paid-up capital of Rs. 5 Crore and more OR

3) Unlisted companies with a turnover of Rs. 100 Crore or more