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iXBRL services

Most companies have now completed their first year iXBRL filing - so how was it for you? Since 1 April 2011, HMRC reported over 250,000 iXBRL filing failures so for many companies, iXBRL tagging has been a hellish process. 

Or, did you file early to defer the iXBRL mandate and are still undecided which supplier to go with for your iXBRL services? Almost a year into iXBRL filing and with still nearly one in five iXBRL filings failing you need to get it right first time. HMRC admit that "Deficient tagging will increase the potential for post submission contact from HMRC" - so don't take any risks with the iXBRL service and provider you choose.

Guaranteed iXBRL compliance

BDO are experts in iXBRL with well established specialist tagging and dedicated quality assurance teams, with a 100% success rate in iXBRL tagging HMRC Gateway compliant accounts. 

The secret of our success? Not only do we have the best team (2011 winners of both the LexisNexis Taxation Best Tax Team and the British Accountancy Tax Award of the Year), but our CoreFiling iXBRL software is the gold standard. It's also used by HMRC, sealing our guarantee to you on iXBRL compliance.

Our iXBRL services

With BDO you can choose from:

  • A fully managed iXBRL conversion service to convert your accounts from any format, including unlimited post-tagging support.
  • The option to 'self-tag' using our best-in-class iXBRL conversion software, with training and support from our iXBRL specialists.
  • Expert advice and support to transition to accounts preparation software - from TB to iXBRL, taking in statutory accounts preparation along the way.

So if you're still undecided over which iXBRL provider to choose to convert your financial statements for the first time, or have just battled through year one of iXBRL filing, let BDO take the 'hell' - and the risk - out of iXBRL. 

For more information on our cost-effective iXBRL services, click here to request a free meeting. Alternatively please contact Tony Spillett, Head of Client iXBRL Services, or your usual BDO adviser.

Accountants and Business Advisers © 2012 BDO LLP. All rights reserved. BDO LLP, a UK limited liability partnership registered in England and Wales under number OC305127, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. A list of members' names is open to inspection at our registered office, 55 Baker Street, London W1U 7EU. BDO LLP is authorised and regulated by the Financial Services Authority to conduct investment business. BDO is the brand name for the BDO network and for each of the BDO Member Firms.