South African businesses know that the reporting formats for the CIPC are changing, and with this change, other regulatory bodies will be following suit.
We’ve discussed the reasons that the CIPC has made the move, and the CDM / XBRL implementation that gives you in-house, automated control of your reports.
Now, we outline the basics in a summarised infographic with information from the XBRL webpage, sharing the idea behind it, the way it works, and the functions of the XBRL format.
With Cortell’s focus on Intelligent Business Solutions, XBRL is simpler, easily understandable, and works harder for your business.
Cortell is a CIPC-recommended service provider.
If you have any queries about the integration of XBRL with your CDM solution, contact our XBRL expert:
|Email Tiani Annandale to discuss XBRL reporting functionality in your organisation.|
|Have a different query about your FPM solution, CDM implementation, or reporting systems?
Contact Cortell: 0861 267 835 | firstname.lastname@example.org