https://www.taxtmi.com/news?id=2332 Practitioners must certify that XBRL financial statements fairly present, in all material respects, the audited financial statements in accordance with the MCA prescribed taxonomy. Management remains responsible for preparing XBRL instance documents and for controls over taxonomy selection, mapping/tagging, completeness, accuracy and structure. Certification is distinct from an audit opinion; practitioners should perform examination of rendered XBRL against source documents, validate using MCA tools, review error logs, obtain management representations, document the engagement, disclose significant unrectified exceptions in the certificate, and may rely on third party providers subject to appropriate procedures. en-us Fri, 14 Oct 2011 11:55:31 +0530 Wed, 11 Feb 2026 15:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2332 Practitioners must certify that XBRL financial statements fairly present, in all material respects, the audited financial statements in accordance with the MCA prescribed taxonomy. Management remains responsible for preparing XBRL instance documents and for controls over taxonomy selection, mapping/tagging, completeness, accuracy and structure. Certification is distinct from an audit opinion; practitioners should perform examination of rendered XBRL against source documents, validate using MCA tools, review error logs, obtain management representations, document the engagement, disclose significant unrectified exceptions in the certificate, and may rely on third party providers subject to appropriate procedures. News - Fri, 14 Oct 2011 11:55:31 +0530 https://www.taxtmi.com/news?id=2332