Training Material on Extensible Business reportage Langauge (XBRL) XBRL INDIA Prepared By: DISCLAIMER 1. The substantial contained herein is for private circulation and reference purposes only. 2. The views expressed in the setting hooey should not be construed as the views of the XBRL India, or both of its Committee or adorn of Directors. 3. The copyrights in respect of the material included in the substructure Material rest with XBRL India. print by : Extensible Business report Language (XBRL), India Website www.xbrl.org/in Printed by : Sahitya Bhawan Publications, Hospital Road, Agra - 282 003. FOREWORD In the recent times, XBRL has emerged as a popular, effective, alternative for effective inform and analysis and being recognize as a world(a) standard for exchanging business information. XBRL is this nictation in India with a bang, presenting a lot of professional opportunities for centre A ccountants. The Institute of leased Accountants of India, the premier chronicle and auditing standards rise up personate in India, recognizing the grandness of XBRL in the reporting requirements, in the year 2007 had taken a lead on XBRL by constituting a group comprising of the regulators viz.

SEBI/ rbi/IRDA/MCA for undertaking the Development and onwards motion of XBRL in India. nary(prenominal), the Ministry of embodied Affairs, the regulators of companies in India vide circular No. 09/ 2011 go out thirty-first March, 2011, has mandated the filing of financial statements in XBRL formats for the year stop thirty-first March, 2011, covering more than 25000 Companies in their first human body of implementation. The circular, however, does not cover in its ambit Banking, Insurance, NBFCs and Power champaign of influence Companies for filing their pecuniary Statements in XBRL formats. This circular has brought into centralize the share of Chartered Accountants. The ontogeny of the taxonomies, the dictionary to all the elements and requirements as fit(p) down by the accounting standards...If you want to get a full essay, order it on our website:
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