Skip to main content

Mutual Fund firms - Are your prepared for SEBI XBRL filings?

By

Securities and Exchange Board of India (SEBI) has been actively working over the last 2-3 years to adopt XBRL based reporting for listed companies, Mutual Funds and other SEBI registered intermediaries. In 2012, SEBI started the XBRL Pilot Project for filing / reporting by Mutual Funds with SEBI. The XBRL filings are currently on a voluntary basis, and are in addition to filings under the current system. Already, over ten mutual fund firms have participated in the pilot filings.
While it is difficult to say at what stage SEBI will make XBRL filings mandatory, it is in the best interest of all mutual fund firms to prepare themselves from now, and avoid surprises later.
Beyondsquare has helped, and is helping top mutual fund companies in India with their pilot filings.
Beyondsquare is an AMFI approved vendor for SEBI filings.
Contact us to find out how you can participate in the pilot filing at no cost to you and no obligation to buy our product or service in future.

Phone: +91-80-41209058
Phone: +91-9741 353 438
Email: info@beyondsquare.com
Web: http://www.beyondsquare.com
Web: http://xbrl.beyondsquare.com
Linkedin: http://www.linkedin.com/company/beyond-square-solutions
Labels:

Comments

Post a Comment

Popular posts from this blog

Top 5 Financial KPIs for the CXO

By
Let’s say you got up this morning with a headache. You know from experience that it’s a small niggle, and it will go away on its own. But what if you got up tomorrow morning, and the headache got worse? If an aspirin doesn't help, you will surely go to a doctor, and most likely get some diagnostic checks done. A KPI (key performance indicators) dashboard is like a diagnostics report of various parameters that reflect the health of your business. KPI’s help you measure your business’s financial health. You can define KPIs for different areas of your business, from HR, Finance, Marketing to Operations. You can combine these KPIs to arrive at an overall health for your business. The Finance function is like the blood flowing through your body; it affects each part of it and keeps it healthy and oxygenated. Similarly, your company’s financial performance has a direct impact on every aspect of your business. Remember, that KPI’s and dashboards are not just for CFO’s...
Post a Comment
Read more

FinAlyzer, a flagship product of BeyondSquare Solutions, was featured on My Startup TV, India’s first channel for Startups.

By
We are glad to share that FinAlyzer, a flagship platform of BeyondSquare Solutions was selected by NASSCOM, among the Top 50 Startups and MSMEs for its first global virtual event NASTech 2020. Karthik Ganeshan, Director & Co-Founder of BeyondSquare Solutions featured in My Startup TV, India’s first channel for Startups. As stated by Karthik Ganeshan, he and his partners who are all ex-Infoscions had a deep desire to contribute to the Digital Transformation and thus co-founded BeyondSquare Solutions. FinAlyzer is a unified digital platform for Financial Consolidation, Close, Analytics, and Management Reporting. FinAlyzer is a key catalyst driving Digital Transformation for all the CFOs across industry segments. We are grateful to Major Sunil Shetty (My Startup TV) for hosting us on its media channel and the NASSCOM team who provided us a platform to showcase FinAlyzer.
Post a Comment
Read more

Top 3 Trends in Financial Planning, Analysis & Reporting

By
The main purpose of Financial Planning & Analysis (FP&A) teams is to drive execution of the organizational strategy. They start from where the accounting team stops. These teams focus on what may happen in the future, by using data from the past, make assumptions and explain variances to the forecast so that management can maximize value creation and take better decisions. The FP&A teams support the finance controllers by turning information into knowledge, and knowledge into actionable insights. They are less focused on day to day transaction processing and more focused on forward-looking analysis for the business. With the speed and complexity of businesses constantly increasing, the prominence of FP&A teams has vastly increased. Apart from doing the budget, FP&A answers strategic questions, forecasts for the future, ensures a timely accounting close, prepares board reporting packages, preps the executive team, divests a division, analyzes product line prof...
Post a Comment
Read more