The new reporting standard introduced by CIPC is coming into effect on 1 July, 2018. The requirement applies to all companies that are required to have audited financial statements according to the Companies Act. Our solution allows for
- Compliant iXBRL output of financial and non-financial documents
- Instantaneous comparison of data
XBRL expresses financial information in a clear, strictly defined, worldwide standards based,
granular way, to enable computerised transmission, compilation and analysis of large
amounts of data which produces meaningful, individually tailored, reports for multiple
management and informational consumption purposes.