Azebon Services has a dedicated team of skilled professionals and domain experts specializing in XBRL conversion services. Many reputed corporate organizations rely on Azebon Services for accurate conversion of their Financial Statements into XBRL format, strictly following the prescribed taxonomy and business rules.

Contrary to common perception, XBRL software contributes only 10–15% to the overall conversion process, while the remaining 80–85% depends on domain expertise in understanding Financial Statements, proper tagging, and accurate placement of notes in the correct sections. At Azebon Services, we ensure precision, compliance, and reliability throughout the conversion process.

A. Scope of Work

At Azebon Services, our scope of work includes converting Financial Statements into XBRL format as per the applicable taxonomy and business rules for the relevant financial year.

The following Financial Statement documents are included in our XBRL conversion services:

• Director’s Report along with related Annexures
• Auditor’s Report along with related Annexures
• Balance Sheet
• Profit and Loss Account
• Cash Flow Statement
• Notes to Accounts

B. Applicability of XBRL Compliance

The requirement for XBRL compliance applies only to selected companies in India, representing approximately 3% of the total registered companies (around 9 lakh companies).

The threshold criteria for XBRL compliance are as follows:

• Listed companies and their subsidiaries (excluding overseas subsidiaries), OR
• Unlisted companies having a paid-up capital of ₹5 Crore or more, OR
• Unlisted companies having an annual turnover of ₹100 Crore or more