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EDGAR Submission Header Summary Submission Form Type20FXBRLExternal XBRL SubmissionPeriod of Report12312020FilerICTS INTERNATIONAL N VCIK0001010134CCC@c8cpfoaEDGAR Accelerated Filer StatusNonAccelerated
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How to fill out external xbrl submission
How to fill out external xbrl submission
01
Obtain the XBRL taxonomy that corresponds to the reporting requirement.
02
Prepare the financial data in the XBRL format according to the taxonomy.
03
Validate the XBRL instance document using a validation tool.
04
Generate the submission file containing the XBRL instance document.
05
Submit the XBRL file to the relevant regulatory authority.
Who needs external xbrl submission?
01
Companies required to submit financial reports to regulatory authorities.
02
Government agencies requesting financial data in XBRL format.
03
Investors and analysts who analyze financial data in XBRL format.
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What is external xbrl submission?
External XBRL submission refers to the process of submitting financial statements and other disclosures in the eXtensible Business Reporting Language (XBRL) format to regulatory bodies, ensuring consistency and accuracy in financial reporting.
Who is required to file external xbrl submission?
Typically, publicly traded companies and certain regulated entities are required to file external XBRL submissions as per the regulations set by financial authorities and stock exchanges.
How to fill out external xbrl submission?
To fill out an external XBRL submission, companies must prepare their financial data according to XBRL specifications, utilizing XBRL software or services to tag financial information and generate the XBRL document for submission.
What is the purpose of external xbrl submission?
The purpose of external XBRL submission is to enhance the transparency, efficiency, and accessibility of financial reporting, allowing regulators, investors, and other stakeholders to analyze financial information more effectively.
What information must be reported on external xbrl submission?
External XBRL submissions must report key financial information including balance sheets, income statements, cash flow statements, and additional disclosures required by regulatory bodies.
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