XBRL / iXBRL Reporting

About Us

Manasmita & Co, an Audit/Consulting firm registered under the Indian Cost and Management Accountant of India, bearing Membership No. 50593 [Mrs. Manasmita Dalei], with the registered office in the capital city of India – New Delhi, provides best quality professional services in financial and non-financial professional and compliance-driven XBRL & iXBRL reporting services to corporates, accounting firms, and global clients. We ensure accurate tagging, validation, and submission-ready reporting as per regulatory standards.

Regarding XBRL / iXBRL Reporting

XBRL (eXtensible Business Reporting Language) is a globally accepted digital reporting format used for structured financial reporting. It enables regulators, investors, and stakeholders to analyze financial statements quickly and accurately. iXBRL (Inline XBRL) is an advanced format where XBRL tags are embedded directly into a human-readable financial report (HTML/PDF-style). It allows the same document to be readable for both humans and regulatory systems.

Why XBRL / iXBRL is Required?

• SEC filings in the USA (US GAAP taxonomy)
• Companies House & HMRC filings in the UK (iXBRL)
• MCA filings in India (Ind-AS / Indian GAAP taxonomy)
• IFRS-based reporting for global entities

Benefits of XBRL / iXBRL Reporting

• ✔ Faster regulatory compliance
• ✔ Better financial data accuracy
• ✔ Easy comparison of financial performance
• ✔ Improved transparency and reporting credibility
• ✔ Reduced risk of filing errors and penalties

Our Expertise in XBRL / iXBRL

At Manasmita & Co, we provide complete XBRL/iXBRL services including:

• Financial statement tagging
• Notes & disclosures tagging
• Taxonomy mapping (US GAAP / IFRS / Ind-AS)
• Validation & error resolution
• Submission-ready XBRL/iXBRL report preparation

Suggested Professional Tagline

• ✅ “Accurate XBRL/iXBRL Reporting. Global Compliance. On-Time Delivery.”
• ✅ “Your Trusted Partner for SEC, MCA & IFRS, XBRL/iXBRL Filing.”
• ✅ “Simplifying XBRL/iXBRL Reporting for US, UK and International Businesses.”

Our XBRL / iXBRL Service Offerings

1. XBRL & iXBRL Preparation
   • Financial Statements tagging & mapping
   • Notes & disclosures tagging
   • Inline XBRL (iXBRL) conversion
   • Final instance document preparation
2. US GAAP XBRL Reporting (SEC Support)
   • SEC taxonomy mapping
   • Extension tag support
   • Calculation & consistency validation
   • Filing-ready XBRL package creation
3. IFRS XBRL Reporting
   • IFRS taxonomy tagging
   • Consolidated reporting support
   • Disclosure compliance review
4. Indian GAAP / Ind-AS XBRL Reporting (MCA Filing)
   • MCA taxonomy mapping & tagging
   • Pre-scrutiny validation & error resolution
   • Submission-ready file generation
5. UK iXBRL Filing Support
   • iXBRL conversion for HMRC / Companies House
   • UK compliance formatting and validation

Why Choose Manasmita & Co?

• ✅ Expert taxonomy mapping (US GAAP / IFRS / Ind-AS)
• ✅ High accuracy & strict quality control
• ✅ Fast turnaround with urgent support options
• ✅ SEC / MCA / UK compliance readiness
• ✅ Secure & confidential document handling
• ✅ Cost-effective global service delivery

Software & Tools Expertise

We work with leading XBRL tools including:

• Arelle Validator
• GoFiler iXBRL tool
• MCA XBRL Validation Tools

Deliverables We Provide

Every XBRL project includes:

• ✅ XBRL / iXBRL Instance Document
• ✅ Validation Report (Errors & Fix Log)
• ✅ Final Filing-ready Package

Taxonomy Coverage

US GAAP Taxonomy

• US GAAP (SEC Taxonomy)
• SEC Filing-ready tagging
• Extension tag creation support

UK Taxonomy / IFRS

• UK FRS 102 / UK GAAP support (as required)
• IFRS taxonomy tagging
• HMRC & Companies House iXBRL preparation

Indian GAAP / Ind-AS Taxonomy

• MCA XBRL compliance
• Ind-AS / AS-based financial reporting

Our XBRL Reporting Process (Step-by-Step)

1. Data Collection
   • Client shares:
   • Financial statements (PDF/Excel/Word)
   • Notes & disclosures
2. Taxonomy Mapping

   We map each line item with the correct taxonomy tag.

3. Tagging & iXBRL Preparation

   Accurate tagging of:

   • Primary statements
   • Notes, disclosures, policies
4. Validation & Error Resolution

   We run multiple validation tests to ensure:

   • calculation accuracy
   • tag correctness
   • taxonomy compliance
   • consistency of values
5. Final Delivery & Filing Support

   Client receives final compliant file for submission after running SEC Test report.

Turnaround Time

📌 Standard Delivery: Within 10 Working Days

📌 Urgent Delivery: 8 Hours (subject to volume)