Home Advice How the CIPC’s Move to XBRL will affect your business

How the CIPC’s Move to XBRL will affect your business

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XBRL stands for eXtensible Business Reporting Language, which essentially is a global web-based computer language designed for business reporting. It is being adopted by regulatory bodies around the world and South Africa is following suit, starting with the Companies and Intellectual Property Commission of South Africa (CIPC).