The Enterprise Risk Services (ERS) practice of Deloitte helps organisations build value by taking a risk-intelligent approach to manage financial, technological and business risks. This approach helps our clients to focus on key areas of increased risk, manage them in an effective manner and pursue not only risk mitigation, but also intelligent risk-acceptance as a means of value creation.
Deloitte offers a broad range of riskrelated solutions grouped into two service lines.
Business Risk professionals assess,analyse, and improve the effectiveness and efficiency of governance, financial and operational control processes, offer recommendations to improve operations, and assist clients with enterprise risk and compliance activities, through customised service offerings.
The Technology Risk professionals help the clients guard against information technology and security-related threats with the help of optimised systems design, processes and controls. Our team assesses checks and balances for work processes, computer applications and the ontrols to help manage and mitigate risks associated with the sensitivity of information. We help organisations to adopt effective IT governance structures to achieve and sustain appropriate levels of technology certification.
Deloitte has developed resources and in-depth technical knowledge and skills required to help address your questions and prepare your organization for XBRL reporting. We will work with you to develop a roadmap for XBRL reporting and support development of XBRL integration solutions for your organization.
As a multidisciplinary organization and one of the founding members of the XBRL International Consortium, Deloitte actively participates in XBRL development around the world. Our teams are experienced with a wide range of software tools and third-party service providers and understand their unique strengths and challenges.
Deloitte has structured and established methodologies to aid and fast track the XBRL adoption as per your organizational needs for XBRL adoption.
|XBRL - Essential features- eXtensible Business Reporting Language (XBRL) is an XML-based standard (eXtensible Markup Language) which has the potential to play an important role in the
generation and use of financial information.
|XBRL - The new world of reporting: XBRL, now more than a decade old, was developed to increase the effectiveness and efficiency of the information use. XBRL is a language that leverages Internet technologies for the communication of business information coupled to the metadata (data about data) associated with the information|
|XBRL Filing to Ministry of Corporate Affairs: The MCA introduced a mandate to file balance sheets and profit and loss account alongwith Director’s and Auditor’s Report for the year 2010-11 onwards by using eXtensible Business Reporting Language (XBRL) format.|
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