Quality of XBRL filing certified by Professional members.
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....e e-forms were duly certified by CA/CS/CWA professionals for their completeness and correctness in representation with respect to audited financial statement of the company. 2. A random scrutiny of XBRL filing of financial statements by few companies to MCA for FY 2010-11 reveals significant variations in disclosures in published results and the XBRL filings due to 'incorrect' mapping of disclosures. It has been observed that few disclosures were 'mapped/tagged' with incorrect accounting concept despite availability of appropriate element in taxonomy. It has also been observed that. provisions of "Block Text tagging" and/or "Footnote" have been inappropriately used to report disclosures, like subsidiary details, related party transactions,....
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....ents (PDF file). However, the same has not been tagged in XBRL financial statements filed at MCA portal. Information of all subsidiaries not provided in XBRL financial statements Information about one Subsidiary has been tagged 'n XBRL financial statements whereas the Company had nine Subsidiaries. Information of all related party transactions not provided in XBRL financial statements Related Party Disclosures have not been tagged in XBRL financial statement. Parenthetical (additional disclosures) information not tagged in XBRL financial statements Aggregate Market Value of Investments not provided by way of footnote. Additional information on Issued, Subscribed & Paid up Share Capital not explained by way of footnote. Footnotes not ....
TaxTMI