“Looking for an alternative to asking your auditors to prepare your iXBRL accounts?”
Tagging up your own accounts leaves you in control of the tagging decisions and gives you the insight into how iXBRL can be useful to your business in other ways.
We can hold your hand and guide you through the process of marking up your own documents with iXBRL tags and validating the iXBRL file.
Our team are ex-Big 4 accountants with many years experience of preparing and auditing Accounts in UK-GAAP and IFRS.
We provide on-site consultancy to work with your team and check your documents. After approximately half a days training, most clients feel confident about tagging with iXBRL and often we don't hear back from them until they've tagged their documents and want us to check them over. Because the Adapter guides you away from making mistakes, often those checks become a formal review of the tags instead of a re-training exercise.
The Adapter has compared favourably in software comparison tests against competing products with it's ease of use and ergonomic screen layout. Even though there is learning curve with iXBRL, inexperienced users can learn how to tag in minutes. And of course, once you've tagged one document, you can re-use it next year, making whatever modifications are required.
