XBRL (Extensible Business Reporting Language) is another advanced reporting language of the XML family. XBRL ensures that the figures reported to government authorities and other organisation does not remain dormant piece of printed papers but these figures can be used in data analysis. ICAI took initiative in 2001 for implementation of XBRL as a first step towards Digital data reporting, ...
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With the opening of the economy towards globalisation, our corporate world requires world-class governance system. The essence of corporate world lies in promoting compliance of the law in letter and spirit, transparency, accountability and above all, fulfilling the fair expectations of all the stakeholders. The process of economic reform and liberalisation that started in 1991 has entered a crucial phase, ...
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