Demystify XBRL

The introduction of XBRL, a structured data format has been the biggest overhaul in the regulatory space in recent times. XBRL stands for ‘eXtensible Business Reporting Language’ and is a globally accepted standard for exchanging business information. In simple terms, XBRL is an electronic information supply chain standard for moving financial and business reporting information into an…

Public Interest (PI) Score calculator to comply with the CIPC mandate

Effective 1st July 2018, all qualifying entities in South Africa have to submit their Annual Financial Statements in Inline XBRL (iXBRL), a structured data reporting standard as opposed to PDF format. The CIPC has around 1.8 million active registered entities filing with it. The calculation of the Public Interest (PI) Score is an attribute for entities to comply with the mandate.   A subset…

IRIS CARBON®:The most sought after iXBRL Software for CIPC Filings

By its very nature, a typical reporting process can be very time-consuming to say the least. During the course of the year, the fateful Annual Financial Statement (AFS) changes multiple hands, globally oscillates between departments and teams who review it, provide inputs and comments before it reaches a final stage and is filed with the CIPC. Talk about the perils of not having an iXBRL…

CIPC lauds IRIS for world-class iXBRL Regulatory Platform

IRIS Business, a global leader in software products for compliance, data and analytics in the structured data space; received much praise from the CIPC for powering their iXBRL regulatory platform in South Africa.  The CIPC chose to engage with IRIS iFile in its efforts to standardize financial reporting to better address the needs of its stakeholders, as well as to advocate international…

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A cloud-based platform that streamlines compliance reporting to file with the CIPCIRIS CARBON® helps you prepare Annual Financial Statements (AFS) and streamline iXBRL compliance reporting. Collaborative ProductWork with teams on a single source, cloud-based platform without worrying about losing track and accountability. Save time and effort while working on your reports. 100% error free…

Download FREE eBook – All you ever wanted to know about the CIPC mandate – ac

IRIS CARBON® is a cloud-based platform that streamlines compliance reporting to file with the CIPCIRIS CARBON® helps you prepare Annual Financial Statements (AFS) and streamline iXBRL compliance reporting. "It is highly commendable that the IRIS team completed the analysis and design of the CIPC’s iXBRL reporting platform even amidst…

PARTNERSHIP ADVANTAGE WITH IRIS CARBON®

Strategic partnerships are important for your business’s growth, success, and longevity. They give your business a competitive edge, an opportunity to grow your customer base as a result of new business opportunities and may help strengthen weaker aspects of your business. If you are considering a partnership, the good news is, you don’t need a big budget to make a partnership like this work.…