Tag: Free XBRL Software

Best XBRL Software for Preparation & Validation of Annual Report in XBRL Format

Introduction

In the fast-evolving landscape of financial reporting, the extensible Business Reporting Language (XBRL) has emerged as a game-changer, revolutionizing the way companies prepare and validate their financial data. With the increasing demand for accurate and transparent reporting, XBRL software has become a crucial tool for businesses of all sizes. In this article, we present a comprehensive list of the best XBRL return software that excel in both preparation and validation, ensuring a seamless reporting experience.   

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XBRL Software: A Guide to Free Downloads, Prices, and Vendors in India

Welcome to XBRL Software: A Guide to Free Downloads, Prices, and Vendors in India

As the world of business becomes more complex and globalized, regulatory compliance has become a major challenge for companies of all sizes. To meet these challenges, businesses increasingly turn to XBRL software to automate their financial reporting processes. In this article, we’ll provide an overview of XBRL software, including free downloads, prices, and vendors available in India.

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Filing of Announcements in XBRL format on BSE, NSE & MSEI

Circular By Stock Exchanges(BSE & NSE) – Filing of Announcements in XBRL Format on Stock Exchanges as per SEBI LODR

 

NOTICES
Notice No. 20230127-37 Notice Date 27 Jan 2023
Category Circulars Listed Companies Segment Equity
Subject Filing of announcements in XBRL format on BSE listing centre
Content

The Company Secretary 

All Listed Companies

With reference to the captioned subject various circulars were issued by Exchange(s) for seeking comments/feedback from listed companies on XBRL format(s) for certain type of announcements.

Facility for filings of disclosure for following announcements filed under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) will be available in XBRL format with effect from January 28, 2023: (‘effective date’):

 

·         Disclosure under Regulation 29 of SEBI LODR:

         

Prior Intimation of the Board Meeting.

 

·         Disclosure under Regulation 30 of SEBI LODR:

Ø  Change in directors, key managerial personnel (Managing Director, Chief Executive Officer, Chief Financial Officer, Company Secretary etc.), Auditor, Compliance Officer and Share transfer agent.

 

Ø  Outcome of Board Meeting for Dividend, Buyback, Bonus Issue and decision on voluntary delisting by the listed entity.

 

Ø Acquisition(s) (including agreement to acquire), Scheme of Arrangement (amalgamation/ merger/ demerger/restructuring), or sale or disposal of any unit(s), division(s) or subsidiary of the listed entity or any other restructuring.

Currently, as a part of compliance all listed entities are required to submit the disclosures in PDF mode as per the provisions of Regulation 30 of the SEBI (LODR) Regulations.  Further, all listed entities would be required to submit the filings in XBRL mode within 24 hours of submission of the said PDF filing. At a later stage (date to be informed separately) Exchange will shift to only XBRL submission.

It may be noted that, XBRL utility for the above-mentioned subjects is available in XBRL section of the Listing Centre.

BSE has provided an online real-time Helpdesk to assist Users with their XBRL filings they may email queries if any to bse.xbrl@bseindia.com or call the Helpdesk on the toll-free number 1800 233 0445. 

 

Microvista Technologies is XBRL partner of all the stock exchanges BSE, NSE & MSEI in India. We help regulators, Stock exchanges, Banks, and other institutions to develop XBRL Software, Taxonomies, and XBRL support. For more information, you may visit Microvista Technologies Pvt Ltd