XBRL Training Programme
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XBRL Training Programme

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A course on XBRL from Takshila

A course on XBRL from Takshila

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XBRL Training Programme Presentation Transcript

  • 1. A Training Programme
  • 2.  XBRL is a language for electronic communication of business and financial information between business and over internet XBRL stands for eXtensible Business Reporting Language It is one of the family of "XML" languages It is an open standard, free from any licence fees It is software independent
  • 3.  XBRL is being developed by XBRL International Inc., an international non-profit consortium of approximately 450 major companies, Accounting Firms, IT Companies, Regulatory Bodies, Government Agencies etc. XBRL is already being put to practical use in USA, UK, China, Japan, Singapore, France, Belgium, Netherlands, Australia etc. India has just embarked upon this global standard for business & financial reporting through initiative of MCA 21 filing
  • 4.  Major benefits at all stages of business reporting & analysis Automation, cost savings, faster, more reliable & more accurate handling of data Streamlines data collecting & reporting processes Allows for processing & checking of collected data by use of computer software Enables Electronic Data Interchange (EDI) Improves analysis & quality of decision making
  • 5.  It is proposed to include all companies to file their Balance Sheet and Profit and Loss account statements in XBRL from Financial Year 2011-12 onwards. With the development of taxonomies for Banks, Insurance, Non-Banking Finance Companies and Power sector, the companies operating in these sectors would also be filing their financial reports in XBRL from FY 2011-12. In order to capture sector specific details, it is proposed to allow for extensions in the taxonomy by the filers from FY 2011-12 onwards.
  • 6.  RBI has already implemented XBRL based reporting by banks for Capital Adequacy Data as per Basel II norms RBI has plans to convert all other returns on XBRL in next couple of years SEBI has started developing a Platform for XBRL based filing by all listed Companies CERC is developing an XBRL based Regulatory Information Management System (RIMS)
  • 7.  India is a hot destination for XBRL data conversion work A major portion of US SEC filing work is being outsourced to India MNCs such as Merrill IT, RR Donley, Aptara have set up offices in India for XBRL data conversion work A substantial portion of UK HMRC filing work is expected to be outsourced to India Finance Professionals with knowledge of XBRL are in demand for outsourced work ........need we say more
  • 8. Course Objective: To enable the participants for filing financial statements in XBRL formatCourse Contents: Background and overview of XBRL Understanding XBRL Taxonomy Hands-on practical to convert financial statements into XBRL format using software tool from Webtel Complete understanding of the filing process in MCA21
  • 9. Title Certificate in XBRLDuration 1 full-dayCourse INR 35,000 (plus service tax) Fees Mode Physical Live Classes Start Call @ 8800999284 Date
  • 10. Option 1 - Total Course Fee: Rs. 3,500.00 (plus service tax)(includes course notes, lunch and 2 tea breaks)Option 2 - Total Course Fee: Rs. 2,000.00 (plus service tax)(for half day of practical training) Payment to be made in favour of ‘Takshila Learning Pvt. Ltd.‘ Payment is acceptable through cash, cheque, credit card or demand draft In case of on-line payment through credit card, 7.5% towards bank charges would be extra
  • 11. Modalities for payment ◦ Cheques to be couriered to 1/44 Lalita Park, Laxmi Nagar, Delhi-110092 ◦ Cheques can be deposited in our HDFC Bank Account no. 01442000012558 in any HDFC Bank Branch ◦ For transferring funds on-line through net-banking NEFT, branch IFSC Code is: HDFC0000144 ◦ Call for Our exécutive to pick-up the cheque/cash from your door-steps
  • 12. Established in the year 2009 by a group of professionals fromthe fields of IT, Telecom & EducationProviding cutting edge education & training solutions that helpstudents achieve their career objectives efficientlyCurrently, focused on providing courses in commerce streamfor students, professionals and corporateOnly organization providing range of courses in the commerce& finance stream through face-to-face and virtual-live modeTakshila has a team of qualified faculties who act as trainersas well consultants in their respective domains
  • 13.  Webtel is the knowledge partner of Takshila for this training programme on XBRL WebTel Electrosoft Pvt. Ltd. is Indias leading e- regime company engaged in complete software solutions and knowledge process outsourcing activities. Webtel is known for several of its products in the financial sector particularly catering to e-filling
  • 14. Call @ 91-99581 57000