Most Singapore companies filing annual returns need their financial statements converted into XBRL format for ACRA. The conversion looks mechanical, but classification decisions which line item maps to which XBRL taxonomy element require judgment that automated conversion tools often get wrong, leading to rejected filings or the need to refile.
What’s included
- Mapping your financial statement line items to the correct XBRL taxonomy elements (Full XBRL or Simplified XBRL, depending on your filing requirement)
- Cross-checking classifications against your actual financial statements, not a generic auto-mapped template
- Filing directly with ACRA once statements are finalized
- Corrections and resubmission support if a filing is queried or rejected
Who this is for
Companies preparing their own financial statements (or using another provider) who need accurate XBRL conversion and filing as a distinct final step or companies that have had a previous XBRL filing rejected or queried by ACRA and need it corrected.
How this fits with our other services
If we’re already preparing your unaudited financial statements, XBRL classification is built into that process from the start rather than handled separately. This page is for cases where XBRL conversion is needed as a standalone service for example, if your statements are already prepared elsewhere.