If you have visited the MCA website you will find prices ranging from a few thousands to millions of Rupees! Why should there be such a variance and what are the factors which decide the price? Well clearly it is a case of how much effort goes into the creation of a xbrl document. In […]
After the fate of IFRS in India, people are wondering will XBRL stay? Or will somebody push it to 2015 and beyond? The answer is really difficult. Let us look at what is happening to XBRL worldwide. The US’s SEC started it slowly – for the top companies – but has now mandated it. BSE […]
With xbrl at full swing in corporates and in Chartered Accountant’s offices, many people are wondering how, what, why….of xbrl! One of the options is to buy a tool which will convert your pdf into xbrl and render it to the MCA. How to buy a tool…or rather what to look for in a tool? […]
If you are an accountant, a company secretary, or in someway connected with accounts and annual return, the first question you must have asked yourself is ‘Why XBRL?’ Correct? People do not like change. And this does not change. We will resist change – simply because we are used to a certain style of living. […]
Could XBRL have helped in detecting frauds? Well the answer is a little complicated. Let me put it this way. If the Company Law Rules said a director should not be reappointed if he has already been a director, and you file a Form 32 in xbrl, within 2 minutes of filing you will get […]
You have just been told by your Company Secretary that your company has to file its Annual Return in XBRL format. What are the options that are available to you? Well there are a few options: 1. Easiest option: Outsource the whole job to many of the people who are willing to do it for […]
XBRL training is a big event happening in the corporate world – especially amongst the financial executives. Let us get somethings very clear. It is necessary to file your Annual Return in xbrl format. This is a company secretary’s responsibility, but the work will have to be done by an accountant. It is obvious that […]