XBRL Financial Report

XBRL Financial Report

Since 1 November 2007, companies required to file financial statements with ACRA, are filing financial statements in XBRL. With effect from 3 March 2014, the revised XBRL filing requirements under the BizFinx system apply. The revised XBRL filing requirements including detailed information on the following:

Type of Companies

Filing of Financial Statement

Public/Private Companies (limited/unlimited by shares), expect those under (a) and (b)

Full set of XBRL financial statement

a. Specific companies regulated by MAS, i.e., commercial banks, merchant banks, licensed insurers, finance companies regulated by MAS

Financial statements highlights (FSH) in XBRL format + PDF copy of financial statements.

b. Companies allowed by law to prepare accounts in accordance with accounting standards other than SFRS, SFRS for small entities and IFRS

FSH in XBRL format + PDF copy of financial statements

Solvent  exempt private companies (EPCs)

Exempted from filing financial statements, but are encouraged to file with following options:
1)Full set of XBRL financial statements or
2)FSH in XBRL format

Insolvent EPCs

Options of :
1)Full set of XBRL financial statements or
2)FSH in XBRL format + PDF copy of financial statements

Companies limited by guarantee

PDF copy of financial statements

Foreign companies and their local branches

PDF copy of financial statements