ACRA has revised the filing requirements and data elements in XBRL format for companies as part of efforts to streamline the filing of financial statements.
Companies required to file financial statements in XBRL format will have to apply the revised XBRL filing requirements and data elements starting from 1 May 2021.
There are four templates to be used by companies to meet the revised filing requirements and data elements:
- Full XBRL template
- Simplified XBRL template
- XBRL FSH (Banks) template
- XBRL FSH (Insurance) template
For more information, please visit ACRA’s website.