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INTRODUCTION TO MRS (Agency DI away KIDNEY)6 OCTOBER 10 NOVEMBER 2020 SSM WEBINAR 2020 REGISTRATION IS OPEN TO PARTICIPANTS FROM SARAH & SARAWAK ONLY.COURSE INTRODUCTION On 27 September 2018, the
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Gather all the necessary financial information.
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Choose the appropriate XBRL software tool.
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Map the financial information to the appropriate XBRL tags.
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Validate the XBRL instance document to ensure accuracy.
05
Review and finalize the XBRL document before submission.

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XBRL, or eXtensible Business Reporting Language, is a standardized way to prepare and exchange financial and business information. Preparing XBRL involves using specialized software to tag financial data according to specific taxonomies.
Entities that are publicly traded or required by regulatory agencies to file financial statements often must prepare and file XBRL documents. This typically includes public companies and certain financial institutions.
To fill out an XBRL document, gather your financial data, choose the appropriate taxonomy for formatting, tag the data according to the taxonomy rules using an XBRL software tool, and validate the document for compliance before filing.
The purpose of preparing XBRL is to enable efficient and accurate communication of financial information. It allows for better data analysis, reduces errors in reporting, and improves transparency for investors and regulators.
Information that must be reported includes financial statements, notes to financial statements, management discussion and analysis, and any other relevant data as per the applicable regulatory requirements.
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