Upload your annual report in PDF format, tag the report with a taxonomy of your choice, and download the generated ESEF report ready to be published.
Regulatory
reporting
Facilitate regulatory reporting for ESEF and UKSEF compliance
Accelerate the time it takes to submit your annual report in XBRL format for ESEF or UKSEF compliance. CFOUR Comply allows you to fulfil your regulatory requirements by providing a cloud solution where you can convert your PDF annual reports to electronic XHTML, tag the report with XBRL concepts from your required taxonomy, extend the taxonomy, and produce a compliant XBRL submission
What is ESEF?
How will ESEF affect you?
As of 2020, the European Securities Markets and Authorities (ESMA) issued the ESEF standard which requires all issuers on EU regulated markets to prepare and file annual consolidated financial reports in Inline XBRL (iXBRL) format.
Due to the difficulties posted by the pandemic on both issuers and auditors, the ESEF requirements were postponed in most countries in Europe, by one year till 2021. This means that all annual financial reports beginning on or after 1st January 2021 must be submitted in iXBRL format to comply with the ESEF standard.
This means that if your company has securities listed on any EU stock exchange, you must comply with the ESEF standard.
Who?
All companies listed in EU and EEA regulated markets
When?
For all annual reports for fiscal years beginning 01/01/2021
How?
Convert your annual report to electronic iXBRL / XHTML format using specialized software
Workflow
A streamlined workflow towards ESEF reporting
With CFOUR Comply we focused on simplifying the process that you as the issuer need to follow to generate an ESEF submission which is ready to be published to your OAM (Officially Appointed Mechanism) as well as your website. Our cloud solution handles everything from precise conversions of your annual report in PDF format to HTML and providing with you with an intuitive interface to tag your financial statements within the report. After you tag your report and fix any validations issues you can download the XBRL generated by Comply and proceed with the submission.
Product Features
PDF to XHTML conversion
Accurate conversion from PDF to XHTML including complex graphics and fonts
Auditor review
Give permissions to your auditor to review the tagging on your annual report within the same solution
Tagging of financial statements
Accurate conversion from PDF to XHTML including complex graphics and fonts
Validation of tags
Validation of the tagged annual report with XBRL concepts based on the taxonomy ruleset
XBRL generation
Generation of the XBRL package to be submitted to the regulatory body and the iXBRL report that can be published on your website
Team collaboration
Give access to all your team members, assign roles and permission, and promote collaboration between all team members
Taxonomy extension
Add extension concepts to cater for entity specific disclosures and anchor to the base taxonomy
Single sign-on
Sign in to your Comply subscription using your Office 365 or Google Workspace account
Solutions
XHTML only
Need to be ESEF compliant but without having IFRS consolidated statements to tag?
We offer a solution to convert annual reports to XHTML without getting into the tagging process.
Self-managed
Want to have full control on the tagging process and benefit from all the features Comply offers?
With our self-managed solution, you have full access to a Comply subscription where you can benefit from all its features.
Hybrid
In a hurry to submit your XBRL package for this year’s annual report?
Our hybrid solution allows you to leverage from our expertise for the first year of your ESEF submission and gives you full control for the following years.
Fully outsourced
Don’t want to get your hands dirty with tagging your annual reports with XBRL? We offer outsourcing
services where you can leverage from our expertise in XBRL to tag your annual report and provide you with an ESEF compliant submission
Want to learn how your company can benefit from CFOUR Comply?
Request a live demo of CFOUR Comply and we would be happy to organize a demo showing how
the product works directly on your annual report!
