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iXBRL/XBRLFiling and Use     Tim Moss  Companies House        UK
3m   169     130,000,00010 298,000,000485,000 114 million                      151181 MILLION175,000,000
About us
About us
Functions
Accounts filing in the UK•   Legal requirement from the Companies Act 1967•   ‘True and Fair View’ – copy of accounts•   U...
Accounts type
Electronic Accounts filing in the UK• XBRL / iXBRL  • Efficiency / Automation  • Quality  • Free format with standard tagg...
Accounts filing
Accounts filing
Accounts production
iXBRL filingAccs Prep               iXBRL                 Public Record   File            Transform            Transmit & ...
Customers benefits•   Faster delivery•   Instant acknowledgements•   Right first time•   Higher compliance•   Fewer penalt...
Opening up accounts data    - bulk and online
Use of accounts•   Financial health – new suppliers, lending•   Financial ratios / gearing•   Credit evaluation / solvency...
Accounts data customers benefits•   Cost efficiencies•   Improved speed of data•   Image, structured data or both•   Daily...
Transparency and access•   Dynamic data•   Efficiency•   Enhanced corporate transparency•   Automation    Open Data – The ...
“providing companyinformation that              ”customers value
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
United Kingdom | xbrl i xrbl (Tim Moss)
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United Kingdom | xbrl i xrbl (Tim Moss)

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Transcript of "United Kingdom | xbrl i xrbl (Tim Moss)"

  1. 1. iXBRL/XBRLFiling and Use Tim Moss Companies House UK
  2. 2. 3m 169 130,000,00010 298,000,000485,000 114 million 151181 MILLION175,000,000
  3. 3. About us
  4. 4. About us
  5. 5. Functions
  6. 6. Accounts filing in the UK• Legal requirement from the Companies Act 1967• ‘True and Fair View’ – copy of accounts• UK GAAP / FRSSE / IFRS• Range of uses for Accounts• Joint approach – HMRC and Companies House
  7. 7. Accounts type
  8. 8. Electronic Accounts filing in the UK• XBRL / iXBRL • Efficiency / Automation • Quality • Free format with standard tagging • Static data to dynamic • Open data principles
  9. 9. Accounts filing
  10. 10. Accounts filing
  11. 11. Accounts production
  12. 12. iXBRL filingAccs Prep iXBRL Public Record File Transform Transmit & Transform XBRL Data
  13. 13. Customers benefits• Faster delivery• Instant acknowledgements• Right first time• Higher compliance• Fewer penalties
  14. 14. Opening up accounts data - bulk and online
  15. 15. Use of accounts• Financial health – new suppliers, lending• Financial ratios / gearing• Credit evaluation / solvency• Market Analysis: Competitor, Customer, Supplier• Tax assessment
  16. 16. Accounts data customers benefits• Cost efficiencies• Improved speed of data• Image, structured data or both• Daily bulk data• Individual download
  17. 17. Transparency and access• Dynamic data• Efficiency• Enhanced corporate transparency• Automation Open Data – The Power of information
  18. 18. “providing companyinformation that ”customers value
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