To encourage and promote XBRL, ICAI has recently established XBRL India, i.e., the local jurisdiction of XBRL. XBRL, i.e., eXtensible Business Reporting Language is a novel platform for electronic communication of financial and business data. Developed by an international not-for-profit consortium, XBRL provides several benefits to those dealing with financial data such as chartered accountants, regulators, financial analysts, etc.
To create awareness about XBRL by developing a pool of knowledge and sharing it, ICAI invites articles on XBRL from members and others with knowledge/experience in XBRL for publishing in the Chartered Accountant Journal.
Articles may pertain to relevant topics such as the basics of XBRL; its benefits and uses to various users such as chartered accountants, banks, income-tax department, financial analysts, and others; challenges in implementing XBRL; etc.
The articles submitted should not exceed 5,000 words and every article should have an executive summary of about 150 words; authors brief profile, e-mail ID, postal address and contact numbers along with a passport size photograph (scanned for e-mail). Authors may note that they are also required to send a declaration about the originality of the article, without which the article will not be considered by the Editorial Board of ICAI. The final decision on publication of the content is taken by the Editorial Board and Rs. 5,000 shall be paid as honorarium for an article published. The authors are advised to refer to the Guidelines for the Authors of the Chartered Accountant Journal which are available at ICAI website. The articles can be sent by e-mail at firstname.lastname@example.org