XBRL Filing Services
“Transform financial compliance into clarity—automate, standardize, and simplify reporting with XBRL.”
In today’s regulatory landscape, financial reporting demands accuracy, efficiency, and transparency. Extensible Business Reporting Language (XBRL) has revolutionized corporate financial disclosures by enabling structured, machine-readable financial reporting that enhances data accuracy and accessibility.
At BlueRock Advisors LLP, we offer end-to-end XBRL solutions, ensuring seamless compliance with the Ministry of Corporate Affairs (MCA), SEBI, and other regulatory bodies. Our team of XBRL experts ensures that your financial statements are converted, validated, and filed correctly, eliminating the risk of errors and penalties.
Who Needs to File XBRL?
XBRL filing is mandatory for certain classes of companies under the Companies Act, 2013. If your company falls under any of the following categories, you must file your financial statements in XBRL format:
✅ Listed Companies – All companies listed on stock exchanges in India
✅ Large Capital Companies – Companies with a paid-up capital of ₹5 crore or more
✅ High Turnover Companies – Companies with an annual turnover of ₹100 crore or more
✅ IND AS Compliant Companies – Entities required to prepare financial statements as per Indian Accounting Standards (IND AS)
✅ Other Notified Companies – Entities specified under the Companies (Filing of Documents and Forms in XBRL) Rules, 2011
Even if XBRL filing is not mandatory for your company, adopting XBRL-based reporting can enhance financial transparency and simplify regulatory compliance.
Our XBRL Filing Services
At BlueRock Advisors LLP, we provide comprehensive XBRL solutions to streamline financial compliance. Our services include:
📌 1. XBRL Conversion & Tagging
✅ Conversion of financial statements (Balance Sheet, Profit & Loss Account, Cash Flow Statement) into XBRL format
✅ Mapping of financial data as per MCA’s prescribed taxonomy
✅ Automated data tagging & validation to ensure compliance with IND AS & GAAP
📌 2. XBRL Validation & Quality Check
✅ Ensuring accurate mapping of financial figures to avoid errors
✅ Running pre-submission validation checks using MCA’s XBRL validation tool
✅ Identifying & rectifying formatting or logical errors in data tagging
📌 3. XBRL Filing & Submission
✅ Preparation & filing of AOC-4 (XBRL) with MCA
✅ Handling resubmissions or rectifications (if required)
✅ Ensuring timely submission to avoid penalties & maintain compliance status
📌 4. XBRL Vetting & Review
✅ Cross-verification of XBRL reports with audited financial statements
✅ Ensuring consistency in financial disclosures across multiple regulatory filings
✅ Assisting auditors & finance teams in reconciling XBRL reports
📌 5. XBRL Training & Advisory
✅ Training finance teams on XBRL best practices & compliance guidelines
✅ Guidance on integrating XBRL reporting with existing ERP/accounting software
✅ Advisory on future regulatory updates & compliance changes
Why Choose BlueRock Advisors LLP?
✅ XBRL Expertise – Our team specializes in MCA-compliant XBRL reporting.
✅ Accurate & Error-Free Filing – We ensure complete compliance and prevent rejections.
✅ Timely Submission – Avoid late filing penalties with our proactive approach.
✅ End-to-End Support – From conversion to final submission, we manage the entire process.
✅ Advisory Beyond Compliance – We help companies adopt best practices in digital reporting.