As of 2021, all issuers whose securities are traded on a regulated market within the EU are required to file their IFRS consolidated financial statement for the fiscal year as of January 1, 2021.
As ESEF is based on iXBRL no other format will be accepted by the authorities.
The ESEF service of EQS Group eases the process of filing your financial statements:
- You send us your annual report in Word or PDF
- We will convert your document into the ESEF format and will file the converted document
No further adjustments are required.
No need for an expensive and complicated software
No need for additional IFRS and IT experts
No need for dealing with complex XBRL tagging
ESEF is based on the so called inline eXtensible Business Reporting Language (iXBRL). The data standard displays the content of your financial report on web browsers and, at the same time, it is the best solution to identify, analyze and to use the tagged data in no time. At the end iXBRL should ease the work of investors, analysts and auditors with an appropriate analysis software.
We are experts in converting and filing financial reports for over 10 years now. Since then our clients save time and money: 5,000+ companies rely on our service every year.