Items tagged with "South Africa"

XBRL in South Africa: An Update

This is a guest post from The South African Companies and Intellectual Property Commission. For a number of regulatory bodies around the world, the monitoring and oversight roles they play are made more complex by the changing context in which they function. The Companies and Intellectual Property Commission is one such body (a South African […]

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CIPC to Implement iXBRL Project’s Second Stage

South Africa’s Companies and Intellectual Property Commission (CIPC) became the first regulator in Africa to roll out full scale implementation of Inline XBRL a year ago, in July 2018. After successful completion of the project’s first stage, they are ready to move on to stage two: enforcement and taxonomy updates. Last year the CIPC mandated […]

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JSE Counts Hours to Ensure More Integrity and Transparency

Companies listed on the Johannesburg Stock Exchange (JSE) will soon be required to submit their annual financial results using Inline XBRL – a change that will begin on July 1st. The single new mandate will replace a number of potentially conflicting filing arrangements used in the past. Read more from Rob Davies, Minister of Trade […]

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Digital Business Reporting in Africa

South Africa is just a few weeks away from starting to cut over to Inline XBRL filing for its private and public companies. In a new video explaining the background and vision for the project, as well as the details of the upcoming changes, the CIPC summarises what’s happening in that country. Well worth the 5 […]

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Why South Africa’s CIPC Decided to Mandate XBRL

Guest Post from Hennie Viljoen, XBRL Project Manager at the CIPC At present the Companies and Intellectual Property Commission of South Africa (CIPC) receives all Annual Financial Statements (AFSs) in PDF format, which is obviously an unstructured format. This means analysis of AFS documents has to be done one-by-one by a human analyst. Humans have to […]

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XBRL on the way for South Africa

Business Regulator aims to improve efficiency, effectiveness and quality of financial reporting, and pave the way for other regulators in South Africa to adopt XBRL.

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South Africa – Update on Integrated Reporting

Read a series of articles from South Africa’s Business Day Live on the state of Integrated Reporting in that country, including XBRL, the use of which Tiani Annandale, senior consultant at Cortell Corporate Performance Management, sees as essential for any multi-national in South Africa. Read the Articles. http://www.istockphoto.com/photo/two-businessmen-shaking-hands-with-flag-of-south-africa-38225294?st=bf8fcdf

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