IFS already in use

The IFS is now in use! For an example, see the Reuters preliminary results. In addition, this break-through technology is used in Business Wire's unique EarningsDirect product

Data integrity preserved with IFS

By using CoreFiling’s Intelligent Financial Statement™ you can preserve the integrity of your important financial data in a format that can be instantly used by those inside your organisation, as well at the media, investors, analysts and third party data services without re-keying, re-parsing or manual manipulation of any sort. 

A single document combines XBRL with PDF

The IFS is a combination of XBRL and PDF, in a single document, which can be easily transmitted and viewed. It looks like a set of financials – tables setting out familiar information like a balance sheet, income statement and cash flow, but it also tells you how the information has been marked up, or tagged, in XBRL. This shows the context of the data item, such as 'Revenue', its currency, the periods to which it relates, and the reporting or legal entity concerned. If you move your mouse over the numbers in the document, this information will be displayed in a TagTip™.

The Intelligent Financial Statement™ is designed to look like your company’s traditional paper or PDF statement, with the same layout and high quality graphics but with the added benefit of XBRL instance data embedded inside the PDF, easily accessible from within Adobe Acrobat Reader. Like other PDF documents, an Intelligent Financial Statement™ can be signed to authenticate its content and origin, and can be encrypted or access-controlled.

Data is communicated instantly and in a usable format

By publishing internal and external performance reports as an IFS, financial controllers and CFO gain total control over the way in which their important financial performance information is communicated to their target users, ensuring that there is no need for re-keying or "translating" data.  Information transfer is streamlined, accurate and unambiguous.

Financial journalists, analysts, investors and other data users all benefit from instant access to the accurate figures they need for real time reporting, modeling and decision making.

The IFS is easy to use and understand, making it the perfect solution for those wanting to publish or receive financial data.