Hassle-Free!
AFS-iXBRL
CONVERSION
no xbrl knowledge needed!
XBRLZONE converts your
Annual Financial Statements to
compliant iXBRL in 7 DAYS*
XBRLZONE focuses on the technical and labour-intensive details on your behalf while you focus on your Clients and Business!
AVOID PENALTIES & DEREGISTRATION
The digital reporting system for all qualifying entities was mandated by the commission responsible for companies and intellectual property as from 1 July 2018
* This is only intended as guidelines and is subject to change by the responsible commission. It remains the responsibility of each company to verify the requirements for submission of annual financial statements . Contact the responsible commission directly if in doubt or for more information
Is your company a Public company (LTD) ?
Is your company a Co-Operative with >10M turnover?
Is your company State-owned (SOC)
Is your company a Non-Profit company incorporated? Directly/Indirectly by the State To perform a statuary or regulatory function at the direct or indirect initiation or direction of :
• an organ of the state • a state-owned company • an international entity or
• a foreign state entity or
• for a purpose ancillary to any such function
Does your company have a Memorandum of Incorporation (MOI) that prescribes Audit of Annual Financial Statements?
Does your company hold assets in a Fiduciary Capacity for:unrelated persons with aggregate value >R5 million at any stage during the financial year?
Is your company's Public Interest Score (PIS) more than 350?
>> scroll right on table for more >>
| EXAMPLE CALCULATION OF PUBLIC INTEREST SCORE (PIS) | EXAMPLE | POINTS | |||
|---|---|---|---|---|---|
|
Number Of Employees |
1 point |
per employee |
average over a financial year if varying |
150 Employees |
150 |
|
Third Party Liabilities |
1 point |
per R1 million |
or portion of |
R3 Million |
3 |
|
Turnover |
1 point |
per R1 million |
or portion of |
R50 Million |
50 |
|
Number Of Shareholders |
1 point |
per shareholder |
irrespective of how many shares they hold individually |
10 Shareholders |
10 |
|
PUBLIC INTEREST SCORE |
213 |
||||
>> scroll right on table for more >>
1. PROVIDE
Provide your AFS files in PDF format
2. RELAX
XBRLZONE goes to work on the conversion by tagging the financial information and matching it to the XBRL equivalent
3. SUBMIT
Within 7 Days you will receive your converted iXBRL file ready to be submitted to the compliance commission.
RECOMMENDED
XBRLZONE is recommended by the commission responsible for companies and intellectual property as a Software Service Provider
EXPERIENCED
XBRLZONE is a team of passionate and high work ethic individuals with expertize of over 20 years in the Information Technology sector
REQUEST A QUOTE
Request a quotation to start the process to compliance
SATISFIED
A few of our satisfied clients...
