IRIS CARBON® for ACFR Reporting
IRIS CARBON® is an intuitive, cloud-based solution ideal for US local governments to author Annual Comprehensive Financial Reports (ACFRs) and transform them into the digital XBRL/iXBRL format.
ACFR Report Creation Simplified
IRIS CARBON® provides financial reporting teams with all the features that simplify financial report authoring. Teams responsible for ACFR preparation can simply move the process on to our cloud Disclosure Management platform and manage various workflows, including iXBRL tagging, with the help of our digital reporting experts.
Multipurpose Compliance Solution
In-built ACFR iXBRL Taxonomy
Integrated XBRL Validation Tool
Multiple Document Output Formats
In July 2018, XBRL US, the national consortium for developing machine-readable reporting and a nonprofit, announced the formation of a State and Local Government Disclosure Modernization Working Group. IRIS Business Services was part of this working group. We had a ringside view of developments related to US local government reporting.
IRIS had a key role to play in developing a ‘commercial grade’ XBRL taxonomy under a pilot project run by XBRL US and the University of Michigan’s Center for Local, State and Urban Policy (CLOSUP). We further helped Michigan’s County of Ogemaw, Pine River Township, and City of South Haven prepare ACFRs in iXBRL as part of the pilot.
Unlimited Expert Support
Multiple Reporting Models
Attractive Introductory Price
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Why IRIS CARBON®
for ACFR Reporting?
Cloud-based Platform
IRIS CARBON® is a cloud-based platform that keeps financial data secure in a remote environment and allows user access from anywhere and at any time.Streamlined Reporting
IRIS CARBON® offers a streamlined reporting process with smart workflows, making ACFR reporting highly efficient, while reducing the risk of errors.Comply with Control
IRIS CARBON® offers complete control over the compliance process with an authoring solution that hosts every document and an easy digital transformation.Efficient Dashboards
The platform's efficient dashboards make it easy to keep track of all aspects of the ACFR reporting process, including tasks, timelines, and progress.Last-minute Editing
IRIS CARBON® allows for last-minute editing, making it possible to make changes to ACFR reports right until the last minute before they are published.Flexible Filing Models
With flexible reporting models, users can choose whether they want to prepare ACFR iXBRL documents in-house, outsource them, or go hybrid.Version Management
IRIS CARBON®’s version management feature ensures that all changes to ACFR reports are tracked and recorded, making them easy to review and understand.Relentless Innovation
IRIS CARBON® is committed to relentless innovation, ensuring that users have access to the latest features to make their ACFR reporting as efficient as possible.Cloud-based Platform
IRIS CARBON® is a cloud-based platform that keeps financial data secure in a remote environment and allows user access from anywhere and at any time.Streamlined Reporting
IRIS CARBON® offers a streamlined reporting process with smart workflows, making ACFR reporting highly efficient, while reducing the risk of errors.Comply with Control
IRIS CARBON® offers complete control over the compliance process with an authoring solution that hosts every document and an easy digital transformation.Efficient Dashboards
The platform's efficient dashboards make it easy to keep track of all aspects of the ACFR reporting process, including tasks, timelines, and progress.Last-minute Editing
IRIS CARBON® allows for last-minute editing, making it possible to make changes to ACFR reports right until the last minute before they are published.Flexible Filing Models
With flexible reporting models, users can choose whether they want to prepare ACFR iXBRL documents in-house, outsource them, or go hybrid.Version Management
IRIS CARBON®’s version management feature ensures that all changes to ACFR reports are tracked and recorded, making them easy to review and understand.Relentless Innovation
IRIS CARBON® is committed to relentless innovation, ensuring that users have access to the latest features to make their ACFR reporting as efficient as possible.Want to See How IRIS CARBON® Streamlines ACFR Creation?
Want to See How IRIS CARBON® Streamlines ACFR Creation?
You Can Get a Personalized Demo
You Can Get a Personalized Demo
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