Newsfile to Host Webinar to Explain XBRL Requirements for IFRS

March 09, 2017 10:00 AM EST | Source: Newsfile

Toronto, Ontario and Vancouver, British Columbia--(Newsfile Corp. - March 9, 2017) - On March 1, 2017 the SEC published a taxonomy on its website to enable foreign private issuers that prepare their financial statements in accordance with International Financial Reporting Standards (IFRS) to tag those reports using XBRL.

Foreign private issuers that prepare their financial statements in accordance with IFRS as issued by the International Accounting Standards Board may begin immediately to submit their financial statements in XBRL. Otherwise, all such foreign private issuers must submit their financial statements in XBRL for fiscal periods ending on or after December 15, 2017.

As Canada's XBRL leader, Newsfile will be hosting a complimentary webinar on April 19, 2017 at 2pm EDT to familiarize affected companies with the new XBRL requirements.

To register for the webinar, please complete our registration page:

http://www.newsfilecorp.com/XBRL/ifrsXBRLWebinar.php

Once registered, you'll be added to our distribution list to receive your invitation to the upcoming webinar and receive a copy of our PDF guide to XBRL for IFRS.

About Newsfile

Trusted since 1997, Newsfile Corp. simplifies compliance for exempt market filers, public companies, and investment managers. Our culture of innovation has resulted in unique solutions for news distribution, filings via EDGAR and SEDAR, XBRL, insider filings, and financial printing.

Newsfile has developed proprietary XBRL software and has prepared and filed XBRL for hundreds of companies since 2013. We are ready to assist foreign private issuers with their upcoming IFRS XBRL filing requirements.

For further information contact:

Newsfile Corp.
Ian Tennant
Director
416-806-1750
office@newsfilecorp.com
www.newsfilecorp.com

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