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With ESEF fast approaching and an evolution of financial reporting on the horizon, we decided to trial ESMA’s new reporting standard.
So, we tasked our team of iXBRL tagging experts with preparing the Primary Statements of 27 publicly listed records (across the FTSE 100, FTSE 250 and Irish Listed firms) under the new ESEF IFRS Taxonomy.
To see the results of our ESEF study, download our research report by completing the form on this page.
You’ll also find out:
What does a small, medium or large set of accounts look like?
How much of a Primary Statement can be tagged under the ESMA taxonomy?
What impact with this additional step have on the current publishing process?
Our for:sight platform offers a robust solution for tax teams, and its machine learning capability Fix & Verify takes its functionality to the next level.
Fix & Verify can not only save your tax teams time but also help to avoid errors by scanning 100% of your transactional data for anomalies such as incorrect VAT codes and manual keying errors.
This is crucially important in an era where tax administrations are pushing towards insight, accuracy and transparency.
We believe your tax department could benefit from Fix & Verify within for:sight. Want us to look at your data and prove it? Request a demo today and our team will be in touch.