JICPA announces "Change in the financial statements preparation process by the XBRL introduction to EDINET and matters to be considered by the auditors".
July 28, 2008
JICPA announced, on May 20, 2008,"Change of the financial statements preparation process by the XBRL introduction to EDINET and matters to be considered the auditors". Companies are required to submit financial statements in the XBRL format to the EDINET from fiscal year beginning on or after April 1, 2008. This report sets out recommendations compiled mainly by the IT Committee that indicate changes in the process to prepare financial statements arising from the introduction of XBRL to the EDINET, and matters to be considered by auditors.This document is available in Japanese only.