Governments / Regulators

Microvista has worked with Governments and regulators to implement internally accepted open technology like XBRL. More than 70 countries has adopted XBRL technology as a part of statutory reporting. XBRL technology has helped regulatory to automate their regulatory compliances through XBRL.

Microvista has worked with ICAI – CMA (Institute of Cost Accountants of India) for Costing XBRL and currently working with ICAI (Institute of Chartered Accountants of India) for Indian Accounting Standard Taxonomy development.

Benifits to Governments & Regulators

XBRL Taxonomy

Microvista helps regulator/government for developing taxonomy for their regulatory compliances. XBRL taxonomy for regulator can be financial and non-financial.

Automated & Validated Filing

Once Convert2xbrl solutions is implemented then filings can happened through automated process with accurate and validated data.

Comprehensive Platform

Our XBRL solutions is end to end solutions for compliance reporting which start data gathering to reporting and it extends to public dissemination of the reported data in analytical format.

Decision Making & Analysis

XBRL data received through our solutions are in analytical format, which helps regulator to analyze the data and help them in decision making.

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