XBRL conversion platform without workflow impact
Choose the solution that fits your reporting needs and budget. BIDS XBRL platform convert and validate your data into xHTML, XBRL, and iXBRL using the latest ESEF, UKSEF, GAAP, XHTML, ESG regulatory requirements.
Tailored ESEF Regulatory Disclosure Solutions to Suit Your Requirements
Companies listed on European Union-regulated stock exchanges are obligated to employ the European Single Electronic Format (ESEF) when submitting their annual financial reports. The format’s implementation has been prescribed by the European Securities and Markets Authority (ESMA) in accordance with the provisions of the Transparency Directive. Consequently, issuers are compelled to generate their annual financial reports in the Inline eXtensible Business Reporting Language (iXBRL), rendering the content accessible to both humans and automated systems.
UKSEF Compliance Solutions Customized to Meet Your Specific Needs
The term “UKSEF” pertains to the singular electronic format introduced by the United Kingdom, serving as a modified version of the European Single Electronic Format (ESEF).
The UKSEF taxonomy represents an extension of the ESEF taxonomy and is harmonized with the regulatory filing stipulations outlined by the Financial Conduct Authority (FCA) and Companies House.
Under this framework, corporations listed on the primary market are obligated to annotate their financial data in accordance with the UKSEF taxonomy.
Ensuring Regulatory Conformity for GAAP Reporting
“Local GAAP” signifies the acronym for “Generally Accepted Accounting Principles” relevant to a specific jurisdiction. This concept essentially encompasses a composite framework comprising accounting principles, standards, and procedural guidelines that corporations are obliged to adhere to when formulating their financial statements within diverse national contexts.
Customized xHTML Solutions to Fulfill Your Requirements
When disclosing financial information to their respective national OAMs, it is worth noting that specific European Union (EU) member states impose a requirement on public corporations that produce non-consolidated financial statements to utilize the xHTML format.
Initiate Your Environmental, Social, and Governance (ESG) Journey with Our Expertise!
Position yourself as an early adopter by undertaking the conversion, assessment, and submission of your sustainability data in accordance with Environmental, Social, and Governance (ESG) standards specified under the Corporate Sustainability Reporting Directive (CSRD), thereby ensuring alignment with the sustainability regulations outlined by the European Union (EU).
This endeavor will provide stakeholders and investors with valuable insights into your organization’s goals, accomplishments, and its influence on environmental, societal, and corporate governance facets.