The European Commission's Regulation requiring issuers whose securities are admitted to trading on a regulated market to make public their annual financial reports in XHTML format is already in force with no further delay expected.

In this regard, Balkan Services provides its new service for converting individual financial statements into XHTML format.

Under the ESEF, all legally required documents (i.e. annual financial statements, management report, non-financial statement, corporate governance statement, remuneration statement, declaration by responsible persons, etc.) shall be combined into a single machine-readable document.

Issuers are required to prepare and disclose their individual annual financial reports in Extensible Hypertext Markup Language (XHTML) format. It is the most widely used document creation language on the web and allows access to documents through any browser.

Conversion of an individual annual financial report to XHTML format is only done with a certified XBRL tool.

With our new service, companies receive their individual annual financial reports in the required XHTML format with no need to purchase any certified software solution.

 

For more information contact us here >>