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Training Material on Extensible Business account Langauge (XBRL) XBRL INDIA Prepared By: DISCLAIMER 1. The strong contained herein is for private circulation and seed purposes only. 2. The views expressed in the background material should not be construed as the views of the XBRL India, or each of its Committee or embellish of Directors. 3. The copyrights in respect of the material included in the introduction Material rest with XBRL India. make 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 reporting and analysis and being accept as a orbiculate standard for exchanging business information. XBRL is this newsbreak in India with a bang, presenting a lot of professional opportunities for trim down A ccountants. The Institute of chartered Accountants of India, the premier business relationship and auditing standards near personate in India, recognizing the grandeur 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 in the lead motion of XBRL in India. no, the Ministry of integrated 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 sector of influence Companies for filing their financial Statements in XBRL formats. This circular has brought into revolve about the share of Chartered Accountants. The ontogenesis 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: Ordercustompaper.com

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