eXtensible Business Reporting Language - Edelweiss
eXtensible Business Reporting Language - Edelweiss
eXtensible Business Reporting Language - Edelweiss
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How KPMG can help-The Need<br />
Some of the key challenges that the Corporates might encounter in its financial reporting process<br />
are:<br />
• Availability of adequate and appropriate skilled<br />
resources to meet the financial reporting<br />
deadlines specifically at period ends.<br />
• Smooth and timely closure of reporting.<br />
• Highly volatile and complex IFRS literature having<br />
an impact on the taxonomies.<br />
• Requirement of training the human resources to<br />
keep pace with XBRL and its finer details.<br />
• The software/tool to be used for the purpose of<br />
tagging the financials.<br />
© 2011 KPMG, an Indian Partnership and a member firm of the KPMG network of<br />
independent member firms affiliated with KPMG International Cooperative (“KPMG<br />
International”), a Swiss entity. All rights reserved.<br />
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