XBRL Conversion Services
MAP Systems has specialized in the domain of XBRL conversion services. You can provide input files as MS Word, Excel, PDF or anything. No matter in whichever format you provide financial statements, we can convert them into high quality XBRL formats.
We provide extensive services for creating XBRL documents for any taxonomy which is based on national GAAPs or IFRS. We have comprehensively worked with filings of SEC in the US, HMRC filings in the UK as well as MCA filings in India developing extensible business reporting language taxonomies for ICAI, RBI, and SEBI etc.
It is in fact the abbreviation of Extensible Business Reporting Language. It is primarily for the communication of financial and business data in electronic form.
Who can use XBRL reporting services?
- Finance industries
- Analysts, Investors, Regulators
- Financial publishing companies
- Accounting firms and more
- XBRL filing companies
MAP Systems key provisions encompassed in XBRL conversion services
- XBRL tagging services to map up the financial statements
- XBRL filing and reporting services for private companies
- Tags validation and apposite calculations
- XBRL financial reporting for e-filing
- Extended taxonomy creation
- Making XBRL documents readable
- e-filing of data to the concerned regulatory authorities
- e-forms-23AC-XBRL and 23ACA uploading
Various categories we support
- Balance sheets
- Income statements
- Cash flow statements
- Accounts notes
- Director’s report
- Auditors report
XBRL conversion services workflow at MAP Systems
At MAP Systems, we follow a strategic and systematic step by step process of XBRL conversion for making the best possible services available for our esteemed customers. There is a squad of committed professionals who work in all possible ways to guarantee perfection to your projects.
- Ability to convert input from various file formats like word, excel, pdf, xml into xbrl format
- We validate and send ready to use extensible business report format without much delays
- Our accountants add apt tags and create instance documents with validation for financial statements
- Our analysts provide reviews and do needful corrections with regards to tag selection
- We provide documents ready for filing and along with its Excel based proofs to help easily review the entire tags
Main features of our XBRL conversion services
- Advanced and up-to-date: We know the importance of staying updated; we keep ourselves well acquainted with latest IFRS and national GAAP rules along with the regularly changing XBRL SEC rules for filing and related guidance from the regulators.
- Precision: Accuracy is very crucial and our data conversion professionals very well know the fact. We ensure complete accuracy and compliance of submissions by subjecting entire filings done to process driven quality assurance.
- Scalable: We are highly scalable. Though we have housed a large talent pool of trained professionals, we keep on attracting and employing new talents on a regular basis. As per project requirement, MAP Systems can easily scale up.
- Flexibility:We stay in line with the latest innovations and keep data conversion flexible to accommodate entire demands of our clients in every way possible.
- Technology: We never hesitate to invest for increasing the workflow efficiency, augmenting filing accuracies and reducing technical complexities. Our workforce is supported by latest technical solutions and is regular trained.
- Customer centricity: Let it be your starting phase in extensible business reporting language adoption or advanced phase of performing more complicated tasks, our specialists can work in close association with you to save considerable amount of money and time.
Benefits of choosing our XBRL filing services
- We support for XBRL tagging, usage of taxonomies, all provisions related to many financial bodies including SEC
- We offer global standard conversion process, data consolidation, validation with perfect financial reporting
- Our professionals maintain absolute precision when it comes to filings
- We use advanced XBRL software for preparing and validating business reports
- We have staffed highly resourceful SME’s, tagging professionals and expert CA’s
- We stay upgraded regularly to keep our provisions flexible, cost effective as well as availed within quick TAT
- As a reputed xbrl service providers in india we offer complete and comprehensive services; including the XML conversions
MAP Systems has emerged to be a reliable partner for various worldwide businesses and financial reporting firms with XBRL data conversion services as one of its main fortes. We can accommodate all your financial data reporting requirements such as preparation, analysis, and exchange of information within the budget, while offering end to end XBRL services under different packages. We submit the work with quality and within the specified deadlines. Hence, if are looking for a professional company who have in-depth knowledge in providing support for accurate extensible business reporting language, then reach out to us for enhancing the efficiency of your business.