Earlier Companies in Delhi used to prepare & file all financial information in different format like word, Excel, Pdf which one can read but to analyse them, if Companies wants to have information collated at one place then they didn’t have any tool for that.
XBRL Filling is Applicable on following Business entities
Who can benefit from using XBRL?
All types of companies can use XBRL tool to automate the data collection process and distribution to various stakeholders. User can be benefitted in the following ways:
Cost XBRL Filling is Applicable on following Business entities:
Companies covered under these Companies (cost records and audit) Rules, 2014 shall, within a period of 30 days from the date of receipt cost audit report, submit such report along with full information and explanation on every qualification or reservation contained therein to the Central Government, in form CRA-4.
Documents Required for Filling Financial Information Through XBRL?
Documents Required for Filling Cost Audit Report Through XBRL:
How We can assist?
BENEFITS OF XBRL FILING
XBRL offers major benefits at all stages of business reporting and analysis.
The benefits are seen in automation, cost saving, faster, more reliable and more accurate handling of data, improved analysis and in better quality of information and decision-making.
All types of organizations can use XBRL to save costs and improve efficiency in handling business and financial information. Because XBRL is extensible and flexible, it can be adapted to a wide variety of different requirements.