iXBRL mandate for South Africa
The Companies and Intellectual Property Commission (CIPC) in South Africa will, as expected, mandate the use of Inline XBRL-based reporting for all qualifying entities from 1 July 2018.
CIPC Objective for iXBRL migration
The CIPC aims to ensure that South African companies can comply with their reporting obligations while at the same time reducing the burden that these requirements create. Embedding Inline XBRL reporting capabilities into local and international accounting and ERP software is key to achieving these goals.
Contact us for iXBRL conversion services and partnering with us for iXBRL outsourcing and partnerships.