Extensible Business Reporting Language (XBRL)

 
There are many aspects to consider as your organization migrates to XBRL financial reporting. Glenidan Consultancy can provide guidance with these issues, such as:

• Financial statement user needs including new software requirements
• Financial statement preparer alternatives such as a bolt-on solution, an integrated solution or a third party filing agent
• Assistance with identifying the appropriate taxonomy
• Changes to the internal control environment, and
• Assessment of GL XBRL for collection of data for internal reporting purposes.

The Institute of Chartered Accountants of Ontario has retained Glenidan Consultancy to conduct the Continuing Professional Development courses for XBRL commencing in the fall of 2010. « Back


Click here to listen to interviews about XBRL with our Principal Philip Maguire

Click here for an article by our Principal Philip Maguire regarding XBRL
 

Compliance

We have been implementing the Investor Confidence Rules (alternatively known as National Instrument 52-109) for Canadian public companies since 2005.

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Project Management

Outsourcing Information Technology audits and Enterprise Risk Management programs for public and private enterprises are the two most common demands for our project management services.

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Accounting Standards

We have the expertise and experience to converge Generally Accepted Accounting Principles to either International Financial Reporting Standards or Private Enterprise GAAP for Canadian enterprises.

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Extensible Business Reporting Language (XBRL)

Replacing SEDAR (System for Electronic Document Analysis and Retrieval) with XBRL for Canadian public companies is underway on a voluntary basis.

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