XBRL in India - Applicability, Documents, Timeline, Process, Penalty etc.

Tips to Improve Your XBRL Reporting Process

XBRL is a language for electronic communication of business data. Each item is tagged with information about various attributes. No matter how experienced a team is, consider returning to some fundamental principles for improving the XBRL reporting process. Here are some tips on how to improve management reporting processes: 1. Collect and normalize your data – Start early. Waiting until the document is complete may be too late. – Create flexible templates that enable contributors […]