To prepare and submit your company’s financial statements in XBRL format, you can use the BizFinx preparation tool provided by ACRA as part of your annual returns and financial reports. This software program helps companies prepare and upload their financial statements. However, it should be noted that mistakes made on these reports can result in penalties from ACRA.

Alternatively, you can also engage the service of a corporate service provider like Allied Services to help your company prepare for XBRL conversion and filing.

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