Filing of accounts in XBRL begins in UK

Filing of accounts in XBRL begins in UK

February 1, 2006

Companies House, the official body which receives company financial statements in the UK, has started receiving accounts in XBRL. Its new system is handling statements for audit exempt companies. After gaining experience of XBRL with this project for small company filing, both Companies House and the UK Revenue and Customs are looking to expand the use of filing in XBRL over the next year.