The transition to iXBRL is about
more than just software and systems, finds Lesley Meall
During 2010 accountants have faced an onslaught of information
related to the impending transition to mandatory electronic filing
of corporation tax (CT) using the eXtensible Business Reporting Language
XBRL – or rather, the HM Revenue & Customs variant, iXBRL.
Much of it has related to software and systems and services and it’s
not hard to understand why. After all, meeting the new iXBRL CT e-filing
requirements will not be possible without the support of software
and services that have been specially designed or modified for the
purpose.
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