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BizFinx

BizFinx XBRL Conversion Services: Cost, Process & Benefits

With BizFinx now mandatory, businesses must convert financial data into XBRL format. This is time-consuming and technically complex to do in-house.

What Conversion Costs

Filing TypeStarting PriceTypical Turnaround
Key Financial Indicators (Simplified XBRL)S$3024 hours
Standalone Financial StatementsS$15024 hours
Consolidated Group StatementsS$300+24 hours

Why Firms Outsource Instead of Using BizFinx Conversion Tool Alone

ACRA's BizFinx Conversion Tool handles technical validation, but it doesn't tell you whether a tag matches the meaning of your statement -that judgment still requires a trained reviewer. Outsourcing combines BizFinx Conversion Tool-level validation with human review of every line and footnote, reducing rejection risk without adding to your team's workload.

Reviewer checking a converted statement

What's Included in Every Conversion

  • Full tagging to the latest ACRA taxonomy, including footnotes and disclosures
  • BizFinx Conversion Tool validation before delivery
  • Free amendments if ACRA raises a validation issue after submission

Get an exact quote for your conversion.

from S$30.

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