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SESSION OVERVIEW

XBRL – SETTING THE SCENE

• WHY?
• WHAT?
• WHO?
• HOW?
• WHERE?
• BENEFITS!

XBRL IN INDIA

• MCA21 FILING & CONVERSION
• XBRL ~ AN OPPORTUNITY..!!

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

SETTING THE SCENE

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHAT WE SAY TO INVESTORS? WHAT WE SAY TO INVESTORS? WHAT WE SAY TO INVESTORS? WHAT WE SAY TO INVESTORS?

CONSOLIDATED CONSOLIDATED CONSOLIDATED CONSOLIDATED PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 2011 PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 2011 PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 2011 PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 2011 Sales Sales Sales Sales 1,500,000 1,500,000 1,500,000 1,500,000 1,000,000 1,000,000 1,000,000 1,000,000 Cost of Sales 1,300,000 900,000 Operating Profit 200,000 100,000 Finance Expenses (Net of Income) 70,000 50,000 Net Profit before Tax 270,000 150,000 Provision for Taxation 90,000 45,000 Net Profit Net Profit Net Profit Net Profit 180,000 180,000 180,000 180,000 105,000 105,000 105,000 105,000 Earnings Per Share Earnings Per Share Earnings Per Share Earnings Per Share 1.80 1.80 1.80 1.80 1.05 1.05 1.05 1.05 PUBLIC CORPORTATION LIMITED

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHAT THEY HEAR? WHAT THEY HEAR? WHAT THEY HEAR? WHAT THEY HEAR?

CONSOLIDATED CONSOLIDATED CONSOLIDATED CONSOLIDATED PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 2011 PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 2011 PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 2011 PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 2011 Sales Sales Sales Sales 1,500,000 1,500,000 1,500,000 1,500,000 1,000,000 1,000,000 1,000,000 1,000,000 BLAH BLAH 1,300,000 900,000 BLAH BLAH 200,000 100,000 BLAH BLAH 70,000 50,000 BLAH BLAH 270,000 150,000 BLAH BLAH 90,000 45,000 Net Profit Net Profit Net Profit Net Profit 180,000 180,000 180,000 180,000 105,000 105,000 105,000 105,000 Earnings Per Share Earnings Per Share Earnings Per Share Earnings Per Share 1.80 1.80 1.80 1.80 1.05 1.05 1.05 1.05 PUBLIC CORPORTATION LIMITED PUBLIC CORPORTATION LIMITED PUBLIC CORPORTATION LIMITED PUBLIC CORPORTATION LIMITED

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

CAN WE TALK?

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

USERS REGULATOR REPORTING COMPANY AUDITORS

WHY XBRL?

FINANCIAL REPORTING model today is MANUAL & DISJOINTED

AUDIT AUDIT AUDIT AUDIT SOFTWARE SOFTWARE SOFTWARE SOFTWARE PACKAGE PACKAGE PACKAGE PACKAGE COMPANY COMPANY COMPANY COMPANY ERP ERP ERP ERP DATA DATA DATA DATA REPOSITORY REPOSITORY REPOSITORY REPOSITORY

MANUAL PROCESSES MANUAL PROCESSES MANUAL PROCESSES

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHY XBRL?

FINANCIAL REPORTING INVOLVES MANUAL PROCESSES MANUAL PROCESSES MANUAL PROCESSES MANUAL PROCESSES INSPITE OF AUTOMATION OF DATA PROCESSING WHY? BECAUSE COMPUTER APPLICATIONS SELDOM INTERACT THEMSELVES WHY? DIFFERENT APPLICATION HAVE DIFFERENT DATA STRUCTURES MANUAL MANUAL MANUAL MANUAL EXTRACTION EXTRACTION EXTRACTION EXTRACTION AND AND AND AND REKEYING REKEYING REKEYING REKEYING OF OF OF OF DATA DATA DATA DATA

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

ACCESSING REPORTING DATA TODAY..!! ACCESSING REPORTING DATA TODAY..!! ACCESSING REPORTING DATA TODAY..!! ACCESSING REPORTING DATA TODAY..!!

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHY XBRL?

FINANCIAL REPORTING IS DISJOINTED IS DISJOINTED IS DISJOINTED IS DISJOINTED WHY? BECAUSE REGULATORS/ USERS HAVE DIFFERING REQUIREMENTS SEBI / ROC INCOME TAX DEPARTMENT RBI / CERC / IRDA BANKS / FI’s / LENDERS IF INTERNATIONAL OPERATIONS? ET CETERA

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHAT IS XBRL?

An Abbreviation for: eXtensible Business Reporting Language

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHAT IS XBRL?

XBRL is Tagged Data Open Standard Based on XML Language for Electronic Communication of Business and Financial Information & On the Internet eXtensible XBRL IS THE EMERGING GLOBAL STANDARD OF FINANCIAL REPORTING

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL IS TAGGED DATA

XBRL tags INDIVIDUAL CONCEPTS for Electronic Dissemination CONCEPTS are defined based on a Common Framework (say, Indian GAAP, IFRS) – in a TAXONOMY

FINANCIAL INFORMATION TAXONOMY INSTANCE DOCUMENT TAGGING

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHAT IS TAGGING?

PLAIN ‘UNSTRUCTURED’ TEXT

Nirmal Ghorawat 434, Ajanta Shopping Centre, Ring Road, Surat – 395002 Gujarat +91-261-2327434

nirmal.ghorawat@icai.org

TAGGED DATA

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHAT’S IN A TAG?

Label Description Data Type Balance Type Period Type Reference Presentation Calculation

ATTRIBUTES OR META DATA (DATA ABOUT DATA)

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL IS OPEN STANDARD

XBRL is FREE OF ALL LICENSES SOFTWARE / APPLICATION INDEPENDENT

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL IS XML

XBRL is Based on the XML However, XBRL is Powerful & Flexible version of XML Defined specifically to meet the requirements of Business & Financial information

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . N i r m a l G h o r a w a t C A . N i r m a l G h o r a w a t C A . N i r m a l G h o r a w a t C A . N i r m a l G h o r a w a t

XBRL IS EXTENSIBLE

FLEXIBLE.. Every entity’s business operations have UNIQUE aspects of reporting.

TAXONOMY ANNUAL REPORT

USE THE CONCEPT DEFINED IN THE TAXONOMY DEFINE THE CONCEPT DISCLOSE THE DEFINITION TOGETHER WITH THE FACT

• EXTENSION TAXONOMY

EXTENSION TAXONOMY EXTENSION TAXONOMY EXTENSION TAXONOMY

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

TERMS IN XBRL

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

TAXONOMY TAXONOMY TAXONOMY TAXONOMY

An An An An XBRL XBRL XBRL XBRL TAXONOMY TAXONOMY TAXONOMY TAXONOMY is is is is a a a a dictionary dictionary dictionary dictionary

• f
• f
• f
• f financial

financial financial financial reporting reporting reporting reporting terms terms terms terms or

• r
• r
• r

concepts concepts concepts concepts which which which which the the the the XBRL XBRL XBRL XBRL language language language language uses, uses, uses, uses, and and and and it it it it helps helps helps helps to to to to define define define define specific specific specific specific tags tags tags tags (LABELS) (LABELS) (LABELS) (LABELS) for for for for individual individual individual individual items items items items

• f
• f
• f
• f

data data data data (CONCEPTS) (CONCEPTS) (CONCEPTS) (CONCEPTS) . . . .

LABELS LABELS LABELS LABELS CONCEPTS CONCEPTS CONCEPTS CONCEPTS

TERMS IN XBRL

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

INSTANCE INSTANCE INSTANCE INSTANCE DOCUMENT DOCUMENT DOCUMENT DOCUMENT

An An An An XBRL XBRL XBRL XBRL instance instance instance instance document document document document is is is is an an an an XML XML XML XML file, file, file, file, designed designed designed designed to to to to be be be be read read read read only

• nly
• nly
• nly

by by by by computers, computers, computers, computers, that that that that contains contains contains contains business business business business reporting reporting reporting reporting information information information information and and and and represents represents represents represents a a a a collection collection collection collection of

• f
• f
• f

financial financial financial financial facts facts facts facts using using using using tags tags tags tags from from from from one

• ne
• ne
• ne
• r
• r
• r
• r more

more more more XBRL XBRL XBRL XBRL taxonomies taxonomies taxonomies taxonomies. . . .

WHO DEVELOPS XBRL?

Mr. Charles Hoffman, AICPA, proposed the idea to use XML for electronic reporting

• f

Financial Information to the AICPA High Tech Task Force

• Mr. Charles Hoffman,
• Mr. Charles Hoffman,
• Mr. Charles Hoffman,
• Mr. Charles Hoffman,

AICPA AICPA AICPA AICPA

XBRL XBRL XBRL XBRL was born…!! was born…!! was born…!! was born…!!

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHO DEVELOPS XBRL?

XBRL is being developed by XBRL International Inc. (XII) XII is Not for Profit Consortium of Regulators / Government Agencies, Accountancy Institutes, Leading Corporates & IT & Financial / Professional Services Companies.

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

WHO DEVELOPS XBRL?

XBRL International Inc. (XII) is a Consortium similar to how the U. P.

• C. Seal (commonly ‘Bar Code’) was

developed… & BAR CODING HAS REVOLUTIONISED PRODUCT DISTRIBUTION… WHAT WILL XBRL DO TO FINANCIAL REPORTING?

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

Unstructured Text Unstructured Text Unstructured Text Unstructured Text Inventory Inventory Inventory Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $ $ $ $45 45 45 45, , , ,594 594 594 594 and $ $ $ $34 34 34 34, , , ,456 456 456 456, respectively.

HOW XBRL WORKS?

Courtesy: Mr. Charles Hoffman, AICPA

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

Structured Text Structured Text Structured Text Structured Text

<InventoryInformation> <InventoryInformation> <InventoryInformation> <InventoryInformation> Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost

• r market using the first-in, first-out

(FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $45,594 and $34,456, respectively. </InventoryInformation> </InventoryInformation> </InventoryInformation> </InventoryInformation>

Unstructured Text Unstructured Text Unstructured Text Unstructured Text Inventory Inventory Inventory Inventory Inventory consists of produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as

• f

December 31, 2006 and 2005 amounted to $ $ $ $45 45 45 45, , , ,594 594 594 594 and $ $ $ $34 34 34 34, , , ,456 456 456 456, respectively.

HOW XBRL WORKS?

Courtesy: Mr. Charles Hoffman, AICPA

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

Structured for PRESENTATION Structured for PRESENTATION Structured for PRESENTATION Structured for PRESENTATION

<html> <html> <html> <html> <p><bold> <p><bold> <p><bold> <p><bold>Inventory</bold></p> </bold></p> </bold></p> </bold></p> <p> <p> <p> <p>Inventory consists

• f

produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to <bold> <bold> <bold> <bold>$45,594</bold> </bold> </bold> </bold> and <bold> <bold> <bold> <bold>$34,456</bold> </bold> </bold> </bold>, respectively.</p> </p> </p> </p> </html> </html> </html> </html>

Unstructured Text Unstructured Text Unstructured Text Unstructured Text

Inventory Inventory Inventory Inventory Inventory consists

• f

produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $ $ $ $45 45 45 45, , , ,594 594 594 594 and $ $ $ $34 34 34 34, , , ,456 456 456 456, respectively.

HOW XBRL WORKS?

Courtesy: Mr. Charles Hoffman, AICPA

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

Structured for MEANING Structured for MEANING Structured for MEANING Structured for MEANING

<Inventory> <Inventory> <Inventory> <Inventory> < < < <ConsistsOf ConsistsOf ConsistsOf ConsistsOf> > > >produce purchased for resale and supplies</ </ </ </ConsistsOf ConsistsOf ConsistsOf ConsistsOf> > > > < < < <StatedAt StatedAt StatedAt StatedAt> > > >lower

• f

cost

• r

market</ </ </ </StatedAt StatedAt StatedAt StatedAt> > > > < < < <ValuationMethod ValuationMethod ValuationMethod ValuationMethod> > > >FIFO</ </ </ </ValuationMet ValuationMet ValuationMet ValuationMet hod hod hod hod> > > > <Value <Value <Value <Value2006 2006 2006 2006> > > >$45,594</Value </Value </Value </Value2006 2006 2006 2006> > > > < < < <Value Value Value Value2005 2005 2005 2005> > > >$34,456</Value </Value </Value </Value2005 2005 2005 2005> > > > </Inventory> </Inventory> </Inventory> </Inventory>

Unstructured Text Unstructured Text Unstructured Text Unstructured Text

Inventory Inventory Inventory Inventory Inventory consists

• f

produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $ $ $ $45 45 45 45, , , ,594 594 594 594 and $ $ $ $34 34 34 34, , , ,456 456 456 456, respectively.

HOW XBRL WORKS?

Courtesy: Mr. Charles Hoffman, AICPA

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

Structured for MEANING, GLOBAL Structured for MEANING, GLOBAL Structured for MEANING, GLOBAL Structured for MEANING, GLOBAL STANDARD STANDARD STANDARD STANDARD

<InventoryComponents <InventoryComponents <InventoryComponents <InventoryComponents contextRef=“D contextRef=“D contextRef=“D contextRef=“D-

• 2006

2006 2006 2006”> ”> ”> ”>produce purchased for resale and supplies</InventoryComponents> </InventoryComponents> </InventoryComponents> </InventoryComponents> <InventoryCostBasis <InventoryCostBasis <InventoryCostBasis <InventoryCostBasis contextRef=“D contextRef=“D contextRef=“D contextRef=“D-

• 2006

2006 2006 2006”> ”> ”> ”>lower

• f

cost

• r

market</InventoryCostBasis </InventoryCostBasis </InventoryCostBasis </InventoryCostBasis > > > > <ValuationMethod <ValuationMethod <ValuationMethod <ValuationMethod contextRef=“D contextRef=“D contextRef=“D contextRef=“D-

• 2006

2006 2006 2006”> ”> ”> ”>FIFO</ValuationMethod> </ValuationMethod> </ValuationMethod> </ValuationMethod> <Value <Value <Value <Value2006 2006 2006 2006 contextRef=“D contextRef=“D contextRef=“D contextRef=“D-

• 2006

2006 2006 2006” ” ” ” unitRef=“USD”decimals=“ unitRef=“USD”decimals=“ unitRef=“USD”decimals=“ unitRef=“USD”decimals=“0 0”> ”> ”> ”>45594</Value </Value </Value </Value2 2 2 2 006 006 006 006> > > > <Value <Value <Value <Value2005 2005 2005 2005 contextRef=“D contextRef=“D contextRef=“D contextRef=“D-

• 2006

2006 2006 2006” ” ” ” unitRef=“USD”decimals=“ unitRef=“USD”decimals=“ unitRef=“USD”decimals=“ unitRef=“USD”decimals=“0 0”> ”> ”> ”>$34,456</Value </Value </Value </Value 2005 2005 2005 2005> > > >

Unstructured Text Unstructured Text Unstructured Text Unstructured Text

Inventory Inventory Inventory Inventory Inventory consists

• f

produce purchased for resale and supplies and are stated at the lower of cost or market using the first-in, first-out (FIFO) method. Inventory as of December 31, 2006 and 2005 amounted to $ $ $ $45 45 45 45, , , ,594 594 594 594 and $ $ $ $34 34 34 34, , , ,456 456 456 456, respectively.

HOW XBRL WORKS?

Courtesy: Mr. Charles Hoffman, AICPA

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

Validation Standardization

Calculation

Cash = Currency + Deposits

Formulas

Cash ≥ 0

Contexts US $ FY2004 Budgeted Label

cashCashEquivalentsAndS hortTermInvestments

References

GAAP I.2.(a) Instructions Ad Hoc disclosures

Presentation

Cash & Cash Equivalents

XBRL Item XBRL Item

Presentation

Comptant et Comptant Equivalents

Presentation Geld & Geld nahe Mittel Presentation Kas en Geldmiddelen Presentation 现金与现金等价物 Presentation 現金及び現金等価物 Presentation Деньги и их эквиваленты Presentation Гроші та їх еквіваленти

HOW XBRL WORKS?

YES

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

AFTER XBRL..!!

yes… we can..!!

USERS REGULATOR REPORTING COMPANY AUDITORS

AFTER XBRL..!!

FINANCIAL REPORTING FINANCIAL REPORTING FINANCIAL REPORTING FINANCIAL REPORTING IN THE ERA OF IN THE ERA OF IN THE ERA OF IN THE ERA OF XBRL XBRL XBRL XBRL WILL BE AUTOMATED. WILL BE AUTOMATED. WILL BE AUTOMATED. WILL BE AUTOMATED.

AUDIT AUDIT AUDIT AUDIT SOFTWARE SOFTWARE SOFTWARE SOFTWARE PACKAGE PACKAGE PACKAGE PACKAGE COMPANY COMPANY COMPANY COMPANY ERP ERP ERP ERP DATA DATA DATA DATA REPOSITORY REPOSITORY REPOSITORY REPOSITORY

MANUAL PROCESSES MANUAL PROCESSES

Presented By: CA. Nirmal Ghorawat P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . N i r m a l G h o r a w a t C A . N i r m a l G h o r a w a t C A . N i r m a l G h o r a w a t C A . N i r m a l G h o r a w a t

USERS REGULATOR REPORTING COMPANY AUDITORS

AFTER XBRL..!!

FINANCIAL REPORTING FINANCIAL REPORTING FINANCIAL REPORTING FINANCIAL REPORTING IN THE ERA OF IN THE ERA OF IN THE ERA OF IN THE ERA OF XBRL XBRL XBRL XBRL WILL BE AUTOMATED. WILL BE AUTOMATED. WILL BE AUTOMATED. WILL BE AUTOMATED.

AUDIT AUDIT AUDIT AUDIT SOFTWARE SOFTWARE SOFTWARE SOFTWARE PACKAGE PACKAGE PACKAGE PACKAGE COMPANY COMPANY COMPANY COMPANY ERP ERP ERP ERP DATA DATA DATA DATA REPOSITORY REPOSITORY REPOSITORY REPOSITORY

MANUAL PROCESSES MANUAL PROCESSES

APPLICATIONS ARE INTERACTING APPLICATIONS ARE INTERACTING APPLICATIONS ARE INTERACTING APPLICATIONS ARE INTERACTING WITHOUT HUMAN INTERVENTION WITHOUT HUMAN INTERVENTION WITHOUT HUMAN INTERVENTION WITHOUT HUMAN INTERVENTION

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

ERP “In-house” Accounting

Documents Other Sources Spreadsheets

Printed Financials Regulatory Filings Internal Reports Analytics Web sites

Investors Creditors Analysts Regulators Management

XBRL XBRL XBRL XBRL

AFTER XBRL..!!

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

BENEFITS OF XBRL !!

what Bar Code has done for Product Distribution, what Bar Code has done for Product Distribution, what Bar Code has done for Product Distribution, what Bar Code has done for Product Distribution, XBRL will do for Financial & Business Reporting XBRL will do for Financial & Business Reporting XBRL will do for Financial & Business Reporting XBRL will do for Financial & Business Reporting

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

BENEFITS OF XBRL !!

Cost Cost Cost Cost Savings, Savings, Savings, Savings, Greater Greater Greater Greater Efficiency Efficiency Efficiency Efficiency and and and and Improved Improved Improved Improved Accuracy Accuracy Accuracy Accuracy and and and and reliability reliability reliability reliability Enhanced Enhanced Enhanced Enhanced Comparability Comparability Comparability Comparability T T T To

• all

all all all those those those those who who who who create create create create, , , , transmit, transmit, transmit, transmit, use use use use

• r
• r
• r
• r

analyze analyze analyze analyze financial financial financial financial and and and and business business business business information information information information

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

BENEFITS OF XBRL !!

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

"Through Internet delivery, XBRL will also provide analysts and investors with extensible financial data to make informed decisions about the company. We see XBRL as not only the future standard for publishing, delivery and use of financial information over the Web, but also as a logical business choice.“

• John Connors, Chief Financial Officer, Microsoft

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

S o u r c e : S o u r c e : S o u r c e : S o u r c e : h t t p h t t p h t t p h t t p : / / v i e w e r p r o t o t y p e 1 . c o m / v i e w e r : / / v i e w e r p r o t o t y p e 1 . c o m / v i e w e r : / / v i e w e r p r o t o t y p e 1 . c o m / v i e w e r : / / v i e w e r p r o t o t y p e 1 . c o m / v i e w e r

XBRL is Complex & Difficult an Accounting Standard a Computer Program a Limited Chart of Accounts Proprietary Information Standard or software Reporting / Regulatory burden

XBRL XBRL XBRL XBRL MYTHS..!!

XBRL XBRL XBRL XBRL does not change what does not change what does not change what does not change what is Reported, only how it is is Reported, only how it is is Reported, only how it is is Reported, only how it is Reported…!! Reported…!! Reported…!! Reported…!!

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL EVERYWHERE!!

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

S o u r c e : S o u r c e : S o u r c e : S o u r c e : w w w . x b r l p l a n e t . o r g w w w . x b r l p l a n e t . o r g w w w . x b r l p l a n e t . o r g w w w . x b r l p l a n e t . o r g

XBRL WHERE?

XBRL IN INDIA

XBRL XBRL XBRL XBRL India India India India is the Indian Jurisdiction

• f

XBRL International. is a Company registered under Section 25 of Companies Act, 1956 is incorporated for managing the affairs of Indian Jurisdiction of XBRL International. Its main

• bjective

is to promote promote promote promote and and and and encourage encourage encourage encourage the the the the adoption adoption adoption adoption of

• f
• f
• f XBRL

XBRL XBRL XBRL in in in in India India India India as as as as the the the the standard standard standard standard for for for for electronic electronic electronic electronic business business business business reporting reporting reporting reporting in in in in India India India India. . . .

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL IN INDIA

XBRL XBRL XBRL XBRL India India India India is the Indian Jurisdiction

• f

XBRL International. is a Company registered under Section 25 of Companies Act, 1956 is incorporated for managing the affairs of Indian Jurisdiction of XBRL International. Its main

• bjective

is to promote promote promote promote and and and and encourage encourage encourage encourage the the the the adoption adoption adoption adoption of

• f
• f
• f XBRL

XBRL XBRL XBRL in in in in India India India India as as as as the the the the standard standard standard standard for for for for electronic electronic electronic electronic business business business business reporting reporting reporting reporting in in in in India India India India. . . .

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL IN INDIA

IMPLEMENTED Capital Adequacy Reporting by Banks as per Basell II Norms MANDATED e-Filing of Annual Reports for a class of Companies from April 1, 2011

XBRL will change the way we COMMUNICATE with REGULATORS in the coming years..!!

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL IN INDIA

UNDER DEVELOPMENT “SUPER-D” FILING for ALL LISTED COMPANIES / MUTUAL FUNDS UNDER DEVELOPMENT XBRL based REGULATORY INFORMATION MANAGEMENT SYSTEM (RIMS)

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

MCA MCA MCA MCA XBRL XBRL XBRL XBRL IMPLEMENTATION APPROACH IMPLEMENTATION APPROACH IMPLEMENTATION APPROACH IMPLEMENTATION APPROACH

PHASE I – 1/APRIL/2011 SELECT SELECT SELECT SELECT Class Class Class Class of

• f
• f
• f Companies

Companies Companies Companies All Listed Companies & their Subsidiaries Companies with Paid up Capital > 5 crores Companies with Turnover > 100 crores However, Banking, NBFC, Insurance & Power Sector companies are excluded. PHASE II – 1/APRIL/2012

• ALL

ALL ALL ALL COMPANIES COMPANIES COMPANIES COMPANIES (Including Banking, NBFC, Insurance & Power Sector Companies)

• Existing C

C C C & & & & I I I I (Commercial (Commercial (Commercial (Commercial & & & & Industrial) Industrial) Industrial) Industrial) Taxonomy to be UPDATED UPDATED UPDATED UPDATED & & & & MAINTAINED MAINTAINED MAINTAINED MAINTAINED to conform with REVISED REVISED REVISED REVISED SCHEDULE SCHEDULE SCHEDULE SCHEDULE VI VI VI VI. . . .

• New Taxonomy(ies) for Banking,

NBFC, Insurance & Power Sector Companies.

Source: http://xbrl.icai.org

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

MCA MCA MCA MCA XBRL XBRL XBRL XBRL IMPLEMENTATION APPROACH IMPLEMENTATION APPROACH IMPLEMENTATION APPROACH IMPLEMENTATION APPROACH

PHASE I – 1/APRIL/2011

Companies Companies Companies Companies WHICH WHICH WHICH WHICH ARE ARE ARE ARE

• 1. NOT Listed Companies or their Subsidiaries
• 2. Companies with Paid up Capital < 5 crores
• 3. Companies with Turnover < 100 crores
• 4. Banking, NBFC, Insurance & Power Sector

companies Are EXCLUDED.

V V V V O O O O L L L L U U U U N N N N T T T T A A A A R R R R Y Y Y Y

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

TAXONOMY

MCA21 MCA21 MCA21 MCA21 XBRL XBRL XBRL XBRL FILING PROCESS FILING PROCESS FILING PROCESS FILING PROCESS

FINANCIAL INFORMATION INSTANCE DOCUMENT TAGGING VALIDATION PRE-SCRUTINY FORM 23AC FORM 23ACA ATTACH

ON MCA ON MCA ON MCA ON MCA PORTAL PORTAL PORTAL PORTAL

OFFLINE OFFLINE OFFLINE OFFLINE ONLINE ONLINE ONLINE ONLINE

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

MCA21 MCA21 MCA21 MCA21 XBRL XBRL XBRL XBRL FILING PROCESS FILING PROCESS FILING PROCESS FILING PROCESS

Taxonomy Taxonomy Taxonomy Taxonomy EXTENSIONS EXTENSIONS EXTENSIONS EXTENSIONS are are are are NOT NOT NOT NOT ALLOWED ALLOWED ALLOWED ALLOWED SEPARATE SEPARATE SEPARATE SEPARATE INSTANCE INSTANCE INSTANCE INSTANCE DOCUMENTS DOCUMENTS DOCUMENTS DOCUMENTS FOR

BALANCE SHEET & PROFIT & LOSS ACCOUNT AND IF APPLICABLE : CONSOLIDATED BALANCE SHEET & CONSOLIDATED PROFIT & LOSS ACCOUNT

FORM 23AC BS FORM 23ACA PL

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL XBRL XBRL XBRL IN PLAIN ENGLISH IN PLAIN ENGLISH IN PLAIN ENGLISH IN PLAIN ENGLISH

How we submitted Financial Information How we submitted Financial Information How we submitted Financial Information How we submitted Financial Information till date..!! till date..!! till date..!! till date..!! Particulars Particulars Particulars Particulars

31/03/20 31/03/20 31/03/20 31/03/20 11 11 11 11 31/03/20 31/03/20 31/03/20 31/03/20 10 10 10 10

Cash and Cash Equivalents

20,000 15,000

How we will submit Financial Information How we will submit Financial Information How we will submit Financial Information How we will submit Financial Information in XBRL..!! in XBRL..!! in XBRL..!! in XBRL..!!

<in-gaap:CashCashEquivalents id="TAB TAB TAB TAB1 1 1 1" decimals="0 0" contextRef="I I I I2011 2011 2011 2011" unitRef="INR INR INR INR">20000 20000 20000 20000</in- gaap:CashCashEquivalents> <in-gaap:CashCashEquivalents id="TAB TAB TAB TAB2 2 2 2" decimals="0 0" contextRef="I I I I2010 2010 2010 2010" unitRef="INR INR INR INR">15000 15000 15000 15000</in- gaap:CashCashEquivalents>

MCA21 MCA21 MCA21 MCA21 XBRL XBRL XBRL XBRL

Decoding the XBRL Label / Tag Decoding the XBRL Label / Tag Decoding the XBRL Label / Tag Decoding the XBRL Label / Tag

<in-gaap:CashCashEquivalents id="TAB1 TAB1 TAB1 TAB1" decimals="0 0“ contextRef="I2011 I2011 I2011 I2011" unitRef="INR INR INR INR">20000 20000 20000 20000</in-gaap:CashCashEquivalents> TAG LABEL TAG LABEL TAG LABEL TAG LABEL TAG ID TAG ID TAG ID TAG ID DECIMALS DECIMALS DECIMALS DECIMALS CONTEXT CONTEXT CONTEXT CONTEXT UNIT UNIT UNIT UNIT VALUE VALUE VALUE VALUE TAG LABEL TAG LABEL TAG LABEL TAG LABEL

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

MCA21 MCA21 MCA21 MCA21 XBRL XBRL XBRL XBRL SCOPE SCOPE SCOPE SCOPE

BALANCE SHEET SCHEDULES RELATED TO BALANCE SHEET CASH FLOW STATEMENT NOTES ON ACCOUNTS DIRECTORS RESPONSIBILITY STATEMENT AUDITOR’S REPORT DIRECTOR’S REPORT GENERAL INFORMATION ABOUT THE COMPANY SIGNATORIES TO THE BALANCE SHEET PROFIT & LOSS ACCOUNT SCHEDULES RELATED TO PROFIT AND LOSS ACCOUNT FORM 23AC FORM 23AC FORM 23AC FORM 23AC – – – – BALANCE SHEET BALANCE SHEET BALANCE SHEET BALANCE SHEET FORM 23AC A FORM 23AC A FORM 23AC A FORM 23AC A– – – – P&L ACCOUNT P&L ACCOUNT P&L ACCOUNT P&L ACCOUNT

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

MCA21 MCA21 MCA21 MCA21 XBRL XBRL XBRL XBRL MUTUALLY EXCLUSIVE MUTUALLY EXCLUSIVE MUTUALLY EXCLUSIVE MUTUALLY EXCLUSIVE EXTENDED LINKS EXTENDED LINKS EXTENDED LINKS EXTENDED LINKS

BALANCE SHEET INCOME STATEMENT CASH FLOW STATEMENT

SOURCE & APPLICATION SOURCE & APPLICATION SOURCE & APPLICATION SOURCE & APPLICATION OF FUNDS (VERTICAL) OF FUNDS (VERTICAL) OF FUNDS (VERTICAL) OF FUNDS (VERTICAL) TOTAL ASSETS AND LIABILITIES TOTAL ASSETS AND LIABILITIES TOTAL ASSETS AND LIABILITIES TOTAL ASSETS AND LIABILITIES (HORIZONTAL) (HORIZONTAL) (HORIZONTAL) (HORIZONTAL) MAIN MAIN MAIN MAIN ALTERNATIVE ALTERNATIVE ALTERNATIVE ALTERNATIVE DIRECT METHOD DIRECT METHOD DIRECT METHOD DIRECT METHOD INDIRECT METHOD INDIRECT METHOD INDIRECT METHOD INDIRECT METHOD

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

MCA21 MCA21 MCA21 MCA21 XBRL XBRL XBRL XBRL

INSTANT (I) INSTANT (I) INSTANT (I) INSTANT (I) “AS AT” “AS AT” “AS AT” “AS AT” DURATION (D) DURATION (D) DURATION (D) DURATION (D) “FOR THE PERIOD ENDED ON” “FOR THE PERIOD ENDED ON” “FOR THE PERIOD ENDED ON” “FOR THE PERIOD ENDED ON” ABSTRACT ABSTRACT ABSTRACT ABSTRACT GROUP OF ELEMENTS GROUP OF ELEMENTS GROUP OF ELEMENTS GROUP OF ELEMENTS TUPLES TUPLES TUPLES TUPLES TABLE OF TABLE OF TABLE OF TABLE OF ELEMENTS ELEMENTS ELEMENTS ELEMENTS DETAILED TAGGING DETAILED TAGGING DETAILED TAGGING DETAILED TAGGING BLOCK BLOCK BLOCK BLOCK TEXT TAGGING TEXT TAGGING TEXT TAGGING TEXT TAGGING

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

The story so far..!! The story so far..!! The story so far..!! The story so far..!!

XBRL is all about tagging … but the tags are electronic A bit like a bar code … but for financial reporting concepts

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

A bit like a bar code … A bit like a bar code … A bit like a bar code … A bit like a bar code …

• But instead of

tagging a tin of beans

• … we’re tagging an

item in a set of accounts

HOW TO DO THE TAGGING? HOW TO DO THE TAGGING? HOW TO DO THE TAGGING? HOW TO DO THE TAGGING?

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

YEAR- END ACCOUNTS FILING

Bookkeeping Year-end accounts Filing

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

POST-PRODUCTION TAGGING

Bookkeeping Year-end accounts

NO CHANGE IN THE PRESENT PROCESS Extra process EXTRA PROCESS

Tagged accounts

Software adds XBRL Software adds XBRL Software adds XBRL Software adds XBRL tags tags tags tags

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

ACCOUNTS PRODUCTION SOFTWARE

Bookkeeping

Year-end accounts

+ other adjustments and inputs Software adds XBRL tags

Tagged accounts

INTEGRATED PROCESS

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

XBRL XBRL XBRL XBRL -

• AN OPPORTUNITY ..!!

AN OPPORTUNITY ..!! AN OPPORTUNITY ..!! AN OPPORTUNITY ..!!

COMPLIANCE WITH MCA REGULATORY ENVIRONMENT IMPACT ASSESSMENT OF XBRL ON MIS MAPPING / TAGGING OF LINE ELEMENTS IN MIS (ACCOUNTS MASTER) WITH XBRL TAXONOMY CONSIDERING THE NEED FOR EXTENSION TAXONOMY

P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : P r e s e n t e d B y : C A . C A . C A . C A . N i r m a l N i r m a l N i r m a l N i r m a l G h o r a w a t G h o r a w a t G h o r a w a t G h o r a w a t

• CA. NIRMAL GHORAWAT

C/o GHORAWAT & CO. (CA) 434, AJANTA SHOPPING CENTRE, RING ROAD, SURAT – 395 002 T: +91 - 261 – 23 27 434 E: nirmal.ghorawat@icai.org B: http://canirmalg.wordpress.com