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XBRL reporter your ideal solution in the process of preparing financial statements in XBRL format from the first of January 2020 all companies listed on the european union public markets are obligated to mark up their annual consolidated financial statements with XBRL tax and report them to the local regulators in an electronic format for Polish companies it means sharing the statements with the Polish Financial Supervision Authority by a dedicated validation gauging reporting system for companies traded publicly the use of the XBRL format will enable quicker aggregation of the reported data and making them accessible to investors analysts and regulators for comprehensive analyses what does introduction of ESF mean for companies firstly including in their reporting processes one additional step of mapping financial statement items to the ESF taxonomy secondly implementing a tool or service to generate financial statements in XBRL format thirdly providing staff with appropriate
