ESEF reporting made easy
ESEF – European Single Electronic Format for listed companies starting with financial statements for 2021.
With Clausion ESEF Reporting Tool, meeting the ESEF reporting requirements is as easy as saving an Excel file. In case you want to fully outsource your ESEF reporting, we are here to help you!
No added workload
Prepare your group financial statements in the required ESEF format. Mapping for taxonomies is a one-time task – Clausion ESEF Reporting Tool does the rest.
Easy to use
Clausion ESEF Reporting Tool is an easy to use cloud service. Publishing your report only takes a couple of clicks.
Work in Excel
Publishing an Annual Financial Report can be done from an Excel. You don’t need to learn a new tool to create ESEF reports.
3 simple steps to create an ESEF-compliant financial report
- Tag your data according to the ESEF taxonomies. With customer-specific taxonomies, Clausion guides you to the correct mappings when needed.
- Use Clausion iXBRL Viewer to check the tagging in a web browser.
- You can also add text and images in your report. When ready, publish your report in xHTML format.
What is XBRL?
XBRL (Extensible Business Reporting Language) is an XML-based markup language used for digital business reporting. With the XBRL standard, creating and handling financial statements and other business documents can be automated.
The XBRL standard itself does not restrict what kind of data can be reported. XBRL definitions, called taxonomies, can be created freely. Financial regulators and other authorities define taxonomies based on their needs.