What are iXBRL Services?
iXBRL (inline eXtensible Business Reporting Language) is a way of translating financial information into an electronic format. iXBRL combines human readable information and computer readable data and outputs a document using financial statements which have electronic text embedded in it. This will then be submitted and processed by central databases at government agencies such as HMRC and Companies House.
How can we help?
At Interface Accountancy we have a dedicated in-house iXBRL team and chosen a reputable software supplier to work with us to offer our clients, a more cost effective alternative. Our team is highly trained and experienced in iXBRL tagging and can help individual companies as well as large groups of companies to meet their tagging obligations. Our qualified CPAs and ACCAs will prepare iXBRL formatted statements from your provided original documents.
- Delivered by a fully in-house iXBRL team.
- Quality checked and reviewed by our iXBRL Senior Manager.
- Timely turnaround and end report provided to you.
- No need to buy new software or train your staff.
- Advice on longer term iXBRL compliance.
- Excellent value for money and highly competitive pricing.
- Experience in iXBRL tagging for large groups of companies.
Many businesses are finding that the cost of converting their accounts to iXBRL format is staggering using their current tax advisers or in-house accounts team, especially if their accounts are produced in Word or Excel format. Buying software and make assessments for your iXBRL tagging require much more time and effort so by outsourcing you don’t need to involve in all those complications. You can sit back and relax and Interface Accountancy will take your pain away.
If any of these services interest you or you would like to discuss your requirements please feel free to contact our friendly accountants. We provide an individualistic service to our clients and will be more than happy to customize our services to your business needs.