South Africa to require iXBRL

The CIPC in South Africa has recently announced that all companies must file their annual financial statements using inline XBRL. iXBRL is a form of XBRL that combines traditional XBRL tags with human readable HTML. It allows filers to insert financial XBRL data directly into a programmed document in HTML format. It is a method of changing merged balance sheets, income statements, and statements of cash flow into machine-readable data, while simultaneously not compromising on […]