Compliance & Analytics Solutions FOR
- Business Registry
- Central Bank
- Government / Regulator
- Stock Exchange / Security Commission
SIMPLIFIED REPORTING EMPOWERED ENTERPRISE
Powerful solutions for in-house and external reporting for the enterprise.
Though it is still in the testing phase, IRIS in India, is making the most spectacular XBRL-driven analytical platform I have seen. It is the most powerful piece of software I have ever seen for financial professionals
The iDEAL application is simple and intuitive to use for all business users. With automated reporting system set in place, our Bank is well positioned to adhere to the XBRL reporting mandate for future requirements
IRIS Business Services Ltd was appointed by Reserve Bank of India in 2009 to develop and implement the XBRL data submission system in phases. IRIS has delivered the project to the satisfaction of Reserve Bank of India and the efficiency of the team is commendable.
IRIS delivered the work in satisfaction to Reserve Bank of India and the efficiency of the team is commendable.
iFile Lite is a good interface and user friendly.
We worked with IRIS for 2 years and have had an excellent experience. All our queries and suggestions were well accepted. Keep it going.
AfrAsia Bank becomes first Mauritian Bank to adopt Automated Data Flow approach for Data Collection and Regulatory Reporting. Read the detailed case study here to know how the Bank gained efficiency and transparency by using IRIS iDEAL.
HMRC UK’s Revised Filing Requirements
Posted on:25 05 2016
Under the Foreign Account Tax Compliance Act (FATCA), the U.S Internal Revenue Services (IRS) mandates Foreign Financial Institutions (FFIs) to report all foreign financial accounts held by U.S. domestic taxpayers or else be liable to pay withholding penalties. Are You Ready?
Posted on:17 05 2016
Other Comprehensive Income is a better way to build a more accurate picture of financial performance. An IRIS Study found out that for years 2014 and 2015, if the OCI transactions were to be actually realized, these could have potentially affected the Net Profits of the respective years by as much as 15%. Read to find more.
More Blog Posts
The Ministry of Corporate Affairs (MCA) mandated submission of XBRL in 2011.
According to the new Companies Act 2013, all listed and unlisted companies
IRIS In the News
Maharashtra became the first state in the country to leverage the power of nextgen technology, XBRL, for the maintenance of its crime records. In the first phase of the project, the technology has been deployed by Maharashtra CID to generate its annual “Crime in Maharashtra” publication on a timely basis. It is envisaged that with this move, Maharashtra can show the rest of India, how to move away from the world of older, paper based reports with more useful, more effective and more accurate digital versions of the same, making it easy for the analysis of such data.
Maha 1st State to go Hitech for Crime Record Upkeep 11 Jan 2016
India today started complying with FATCA where more than a dozen Indian entities including banks, insurance companies and mutual funds filed their returns with the Income Tax department using IRIS’s software.
IRIS Business Press Release on FATCA Reporting 11 Sep 2015
IRIS Business Services #XBRL’s popularity is due to its ability to define business logic & validation rules, thus making the data cleaner. https://t.co/zwtJK9qOiG 26 May 2016
IRIS Business Services Governments all around the world are increasingly adopting #XBRL Global Ledger. Read about the advantages. https://t.co/aH8nv8HqP6 26 May 2016