Description
As the name itself suggests, it is a language for presentation of data which permits easy analysis and interpretation thereby reducing cost, time and effort. It promotes paperless reporting and thus is in line with the green initiatives being promoted world over.
Course Highlights
- Workflow for Preparing and Filing XBRL Financial Statements
- Introduction to ACRA Taxonomy
- Preparing your XBRL Financial Statements
- Applying for Exemptions from XBRL Filing Requirements
- Common Mistakes to Note When Filing Financial Statements in XBRL
Who Should Attend?
- Working Accountants and Book-Keepers
- Entrepreneurs
- Managers
- Data Entry Personnel
- Finance and Accounting Students
- Anyone who is interested to learn an application
Learning Outcome
After completion of the course participants will be able to:
- Filing financial statements in XBRL format
- Useful information for preparing your company's financial statement in XBRL format
- Correcting an error in your XBRL financial statements
- Retrieving XBRL files previously lodged with ACRA
- Filing annual return with XBRL financial statements (simplified XBRL) from accounting software
Pre-requisites - Download BizFinx Preparation Tool V3.4 (revised XBRL filing requirements)
- Supported system requirements
- Hardware requirements
- Processor
- Intel Core i3 or above
- Non-Intel Processor @ 2.0 GHz or above
- RAM
- 64-bit Windows: 4GB or more (recommended: 8GB)
- Disk space needed
- 1.2GB for installation and normal usage
- Software requirements
- Operating System
- Microsoft Windows 8.1
- Microsoft Windows 10 (Version 1607) and above
- Microsoft Windows 11
- Microsoft Office
- Office 2013 (Standard, Home and Business, Professional, Professional Plus)
- Office 2016 (Standard, Home and Business, Professional, Professional Plus)
- Office 2019 (Standard, Home and Business, Professional, Professional Plus)
- Office 2021 (Standard, Home and Business, Professional)
- Office 365 (Personal, Home, Business, Business Premium)*
Instruction Methodology - This course is delivered on Demonstration Methodology
- XBRL Filling will be demonstrated with a case study by XBRL Filing Expert/Adviser
- Learner’s are expected to experiment their learning through hands-on practice
- Active engagement from learners is expected for rich learning experience
Training Mode Online
Duration 1-Day
Time 10 Am to 5 PM
Finance
Finance
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