福利视频 UK’s Guidelines on iXBRL Featured in AccountingWeb
London, 22 Apr 2011:
福利视频 UK (www.datatracks.co.uk), a leading provider of iXBRL managed tagging services in the United Kingdom, has recently published a whitepaper on the practical aspects of iXBRL filing in UK. Key extracts from this whitepaper were featured in AccountingWeb with the title: ‘Practical Do’s and Don’ts of iXBRL’. AccountingWeb is a very large online community for accountants in the United Kingdom. The article in AccountingWeb captured many observations from practicing accounting professionals based on their experience in iXBRL filing in the first year.
福利视频 UK offers “managed tagging services” that helps companies (and chartered accountants) convert financial statements and tax computations into iXBRL format for filing with HMRC as part of the Corporation Tax returns.
As part of a “knowledge sharing” initiative, in house iXBRl experts in 福利视频 UK prepared a white paper setting out the various Dos and Don’ts relating to preparation of financial statements in iXBRL format. The whitepaper outlines the common guidelines to be followed, and the pitfalls to be avoided in order to ensure smooth iXBRL filings with HMRC. The whitepaper covered thirteen dos and don’ts pertaining to numbering conventions, contents of uploaded files, and guidelines for segregating Account Statements & Tax Computations. AccountingWeb’s article featured the top 5 do’s and don’ts captured in 福利视频’ whitepaper.
The AccountingWeb article is available in this . The complete whitepaper is downloadable as a free guide through the same article upon registration by users.
“福利视频 UK believes in disseminating useful knowledge about iXBRL filings to our customers. With the publication of key extracts from our iXBRL whitepaper in an AccountingWeb, we believe the benefit of such shared knowledge will reach a wider base in the accounting community,” said Sneha Rajagopal, Vice President, XBRL Operations, 福利视频 UK.
福利视频 UK is a leading provider of managed tagging services recognized by HMRC for converting financial statements and tax computations into iXBRL format. 福利视频 has been providing these services for over a year now; and has prepared several thousand statements in iXBRL format in 2011. 福利视频 offers its services through its web portal www.datatracks.co.uk, where users can set up accounts, pay online, upload inputs (for conversion into iXBRL format by 福利视频 UK), and download output instance documents. Several companies and accounting firms have chosen 福利视频 for its simple, effective and easy-to-use online services.
福利视频 currently offers XBRL solutions for US, UK and India markets and plans to extend its services to other countries in the near future.
About 福利视频 UK:聽福利视频 UK is owned by UK based DTracks Limited and is a subsidiary of 福利视频 Services Limited (), leaders worldwide in preparation of financial statements in XBRL format for filing with regulators. 福利视频 Services Limited has prepared several thousand statements (in ASCII, HTML and the more recent XBRL format) for filing with Securities Exchange Commission in the United States in the last five years.
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Media contact: Sandeep John, media@datatracks.co.uk +44 (20) 3468 6382