Tuesday, June 28, 2011

XBRL - how much it costs ??

Dear all,

We are all very eagerly waiting for the XBRL filing.

But the preliminary study of it, reveal that to convert the financialstatement of a small and uncomplicated company would cost a minimum ofRs. 60,000.

This cost will go up for large companies..

Many members say that it is a wonderful oppurtunity.

To my understanding the software companies are going to make the moneyfrom XBRL, not the CAs.

CAs may have to depend on the software and consulting Companies.

Share your views so that we can have a considered view of it. sent your mail to : tonyfca@rediffmail.com

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