XBRL, annual returns and reporting support

Practical support for XBRL filing and annual financial statement compliance.

SSG Services assists qualifying entities with the filing of CIPC annual returns and the conversion of annual financial statements into XBRL using approved CIPC software.

Speak to us View services
Level 1 BBBEE status partnership
Led by experienced Chartered Accountants
Local and international experience
Abstract financial reporting illustration

What we do

Focused, efficient support for filing and reporting.

We support businesses that need accurate submission support, strong technical understanding and a clean, professional process.

01

XBRL conversion

Conversion of annual financial statements into XBRL format for qualifying entities using approved CIPC software.

02

CIPC annual return filing

Assistance with the filing of annual returns together with the required financial information and supporting process guidance.

03

Compliance-focused support

Practical guidance for finance teams and business owners who want a smoother, more reliable submission process.

Why XBRL

Digital reporting is now the standard for qualifying entities.

As of 1 July 2018, the CIPC mandated digital reporting for qualifying entities. This means annual financial statements for those entities must be submitted in XBRL format.

CIPC-driven Aligned to digital filing requirements
Structured Transparent and standardised format
Digital reporting concept graphic

Who are qualifying entities?

Entities that may need to submit AFS in XBRL with their annual returns.

In terms of section 33 of the Companies Act of 2008 read together with Regulations 28, 29 and 30 of the Companies Regulations of 2011, certain entities are required to submit annual financial statements in XBRL with their annual returns.

Audit required by founding documents

Entities whose MOI or Articles of Association require the auditing of their financial statements.

Fiduciary capacity > R5 million

Private or personal liability entities holding assets in a fiduciary capacity for unrelated persons exceeding R5 million during the financial year.

Internally compiled AFS

Private or personal liability entities compiling AFS internally with a public interest score of 100 or more.

Independently compiled AFS

Private or personal liability entities whose AFS are independently compiled and whose public interest score is 350 or more.

Independent review context

Private or personal liability entities not managed by their owners may be subject to an independent review depending on whether the AFS are internally or independently compiled and on the applicable public interest score range.

Effective from 1 July 2018

Qualifying entities from 1 July 2018 are required to have their AFS in XBRL format to submit annual returns to CIPC.

Sachin Govender
SG
Sachin Govender CA(SA)
Saveshin Govender
SG
Saveshin Govender CA(SA)

Who we are

A specialist team committed to excellence.

SSG Services is a Level 1 BBBEE status partnership. The team is headed by experienced Chartered Accountants with both local and international experience, supported by a dedicated staff complement committed to excellence.

  • Professional and responsive client support
  • Finance-led understanding of statutory reporting
  • Clean, modern and credible client-facing presentation

Contact us

Let’s discuss your filing requirements.

Use the details below to contact the team directly.