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With ESEF regulation coming into effect from 1 January 2020, the issuers of publicly traded securities in the European Union need to prepare their annual report in XHTML format. Further, when the annual report contains consolidated financial statements prepared in IFRS, issuers need to tag those statements with XBRL, and submit the report in iXBRL format.
Issuers need to have a solution that helps them comply with ESEF regulation on time with zero errors.
DataTracks Online Reviewer’s Guide (ORG) is an innovative tool designed exclusively for the Review and Quality Assurance of the iXBRL reports. This tool eases the review work for the issuers and the auditor to confirm the tagging decisions and the other parameters applied for the XBRL tags embedded within an iXBRL report.
DataTracks is a global leading disclosure management solutions provider offering a broad range of regulatory compliance services and solutions to corporates with operations across 26 countries. DataTracks helps companies to comply with the standards of multiple regulators such as SEC in the USA, HMRC in the UK, Revenue in Ireland, ACRA in Singapore, MCA in India, CIPC in South Africa and various EU regulatory authorities such as ESMA, EBA, and EIOPA.
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