XBRL filing with the CIPC - Webinar on demand
Presenters : Nestene Botha CA(SA)
Learning objectives
By the end of this event the participant should:
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Understand what XBRL is.
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Understand which companies must file using XBRL.
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Understand how to file AFS in the XBRL format.
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Understand the role of accountants vs auditors in filing XBRL.
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Know the filing deadlines and penalties for non-submissions.
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Get answers to FAQs on XBRL.
Content
The webinar will cover the following topics:
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XBRL defined.
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What is the differences between:
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XBRL AFS; and
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XBRL FAS?
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Tagging financial statements using XBRL:
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At entity level.
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At engagement level.
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Tagging income and expenses prior to filing:
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Using available accounting software.
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Using MS Excel.
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Creating sub-classifications of assets, liabilities and equities:
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Using available accounting software.
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Using MS Excel.
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XBRL challenges vs opportunities
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Deadlines and penalties for incorrect or late submissions.
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How does auditor independence affect filing obligation?
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Do XBRL financial statements need to be audited?
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Other FAQs on XBRL.
