XBRL - How Deloitte can support your business |
The XBRL-related services we provide in Deloitte Ireland include the following:
XBRL Tagging, Assurance and Quality Control of Filings
- Perform full tagging of financial statements to comply with HMRC or SEC requirements
- Conduct an independent review (agreed upon procedures) on accuracy, consistency, completeness and validity of XBRL instance documents and extension taxonomy
Training and Awareness
- Organise and conduct an XBRL impact assessment workshop for your organisation
- Share XBRL best practices on taxonomy design, process design and implementation
- Training on how to understand and extend XBRL taxonomies like US GAAP, IFRS and FINREP/COREP
- Evaluate implementation scenarios including tool selection
- Provide latest updates on local and global regulatory reporting requirements
Implementation services
- Vendor selection (software or service)
- Extending and mapping of taxonomies to financial statement items
- Deployment of XBRL reporting and filing solutions
- Development and maintenance of XBRL taxonomies
- Align charts of accounts and reporting packs to XBRL filing requirements
- Implement XBRL enhanced accounting manuals
Disclosure management – streamlining the last mile in finance
- Build the broader business case for both the external and internal use of XBRL for business reporting
- Conduct a business and financial reporting impact assessment
- Design a phased implementation roadmap for the disclosure management process
Key contacts
| Harry Goddard, Partner T +353 1 417 2589 |
Simon Murphy, Director T +353 1 417 3868 |
John McCarroll, Partner, Audit T +353 1 417 2533 |
