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Revenue IBXRL thresholds for CT1

  • 09-07-2017 9:24am
    #1
    Heisenburg81
    Closed Accounts Posts: 322 ✭✭


    Hi folks,
    Apologies for misspelling in post title - iXBRL is what I am referring to.
    Is my understanding of this correct;
    Turnover > €8.8M
    Balance Sheet Total > €4.4M
    Employees > 50
    Is it the case that if ANY of the above totals are exceeded accounts must be filed in iXBRL format?
    Balance Sheet total - from reading guidance - appears this is the Net Assets/Shareholders Funds total?
    This would contradict with Companies Act criteria for small companies which takes Total Gross Assets into account.


Comments

  • #2
    CIARAN_BOYLE
    Registered Users, Registered Users 2 Posts: 14,599 ✭✭✭✭CIARAN_BOYLE


    Heisenburg81 wrote: »
    Hi folks,
    Apologies for misspelling in post title - iXBRL is what I am referring to.
    Is my understanding of this correct;
    Turnover > €8.8M
    Balance Sheet Total > €4.4M
    Employees > 50
    Is it the case that if ANY of the above totals are exceeded accounts must be filed in iXBRL format?
    Balance Sheet total - from reading guidance - appears this is the Net Assets/Shareholders Funds total?
    This would contradict with Companies Act criteria for small companies which takes Total Gross Assets into account.

    Yeah 1 of 3 which is in line with the company acts requirements when ixbrl was written into legislation.


  • #3
    Heisenburg81
    Closed Accounts Posts: 322 ✭✭Heisenburg81


    CIARAN_BOYLE wrote: »
    Yeah 1 of 3 which is in line with the company acts requirements when ixbrl was written into legislation.

    And is it Net assets/shareholders funds?


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