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EXTENSIBLE BUSINESS REPORTING LANGUAGE SOUTH AFRICA NPC Registration Number: 2006/031494/08 (the Company) XBRL SOUTH AFRICA (XBRL SA)s ANNUAL SUBSCRIPTION FEES 2015 XBRL South Africa's membership
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How to fill out extensible business reporting language

How to fill out extensible business reporting language:
01
Start by researching and familiarizing yourself with the requirements and guidelines of extensible business reporting language (XBRL).
02
Gather all the necessary financial data and information that you will need to include in your XBRL filing.
03
Use specialized software or online tools that support XBRL to input and structure the financial data.
04
Assign appropriate tags to each piece of financial information, ensuring that it aligns with the XBRL taxonomy.
05
Verify and validate the XBRL instance document to ensure accuracy and compliance with XBRL standards.
06
Once completed, submit the XBRL filing to the relevant regulatory body or organization, following their specific submission procedure.
Who needs extensible business reporting language:
01
Publicly traded companies: XBRL is often required by regulatory bodies, such as the Securities and Exchange Commission (SEC) in the United States, for publicly traded companies to submit their financial filings.
02
Financial institutions: Banks, insurance companies, and other financial institutions may need to use XBRL for regulatory reporting purposes.
03
Government agencies: Many government agencies around the world use XBRL to collect and analyze financial data from businesses, ensuring transparency and standardization.
04
Accounting professionals and auditors: XBRL can assist in streamlining the financial reporting process, making it useful for accounting professionals and auditors who work with multiple companies or clients.
05
Investors and analysts: XBRL allows for easier comparison and analysis of financial data, making it valuable for investors and analysts when conducting research and making investment decisions.
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What is extensible business reporting language?
Extensible Business Reporting Language (XBRL) is a standard for communicating financial and business data electronically.
Who is required to file extensible business reporting language?
Public companies, banks, insurance companies, and other financial institutions are required to file XBRL.
How to fill out extensible business reporting language?
To fill out XBRL, companies need to tag financial data using standardized tags and metadata.
What is the purpose of extensible business reporting language?
The purpose of XBRL is to improve the accuracy and transparency of financial reporting.
What information must be reported on extensible business reporting language?
Financial statements, footnotes, and other financial data must be reported on XBRL.
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