Business Development Company Xbrl

The company headquartered in mumbai india with international offices in united states singapore united kingdom and the uae.

Business development company xbrl. A global full service xbrl software services and solutions provider iris business services limited is one of the first provider of full professional xbrl products and solutions to organizations globally. Our purpose is to improve the accountability and transparency of business performance globally by providing the open data exchange standard for business reporting. Xbrl international is a global not for profit operating in the public interest.

Our purpose is to improve the accountability and transparency of business performance globally by providing the open data exchange standard for business reporting. In 2019 the commission required the cover pages of certain operating company filings to be tagged in inline xbrl. Business development companies also would be required to submit financial statement information using inline xbrl as operating companies currently do.

For the small entity compliance guide related to inline xbrl filing requirements for. The term does not however include any investment company that is registered under the investment company act any business development company as defined in section 2 a 48 of that act or any entity that reports under the exchange act and prepares its financial statements using article 6 of regulation s x. In 2020 the commission adopted rules that added inline xbrl requirements with varying compliance periods for certain disclosures submitted by registered variable annuity and life insurance separate accounts registered closed end funds and business development companies.

It is based upon the xml syntax but goes further by capturing the definition of individual reporting concepts as well as the relationships between them and other semantic meaning such as formulas. Funds that file form 24f 2 in connection with paying their registration fees including mutual funds and exchange traded funds as well as interval funds under the proposed amendments would be required to submit the form in xml format. Xbrl extensible business reporting language is the global standard for exchanging business information.