XBRL Filling - Applied Chartered Accountants

Filling of XBRL

Singapore incorporated companies are required to file financial statements with Accounting and Corporate Regulatory Authority (ACRA), in XBRL (eXtensible Business Reporting Language) in accordance with the revised XBRL filing requirements, to enhance the dissemination of comprehensive and useful business information to the business community through the implementation of BizFinx. 

The table below shows the filing requirements for the different types of companies. 

Type of Company

Format of Financial Statements

Public / Private companies (limited/unlimited by shares), except those under (a) and (b) below:

Full set of XBRL financial statements (Full XBRL)

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

(Note: Other companies regulated by MAS, are required to file a full set of XBRL financial statements.)

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 using the following options:

  • full set of XBRL financial statements or

  • FSH in XBRL format

Insolvent EPCs

Options of:

  • full set of XBRL financial statements; or

  • FSH in XBRL format + PDF copy of financial statements

Companies limited by guarantee

PDF copy of financial statements
(filing in XBRL format not required)

Foreign companies and their local branches

PDF copy of financial statements
(filing in XBRL format not required)

How can ACA support?    

Our team has been assisting companies in preparing XBRL FS since the inception of XBRL filing. We are happy to say that our clients are very satisfied with our services.

Our dedicated team of professionals are trained and committed to deliver exceptional services to you.

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