ROI IFRS

Updated content releases will not work on previous versions of the Platform.

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ROI IFRS
Version 18 - platform build 6.30 onwards

The updates within version 18 include:

  • Update to the accounting policy disclosure of “material accounting policies” per IAS1 amendment.
  • New option to enter text within Directors Interest in Shares and Material Transactions disclosure.
  • Improvements to the final report after filing with the Revenue and corrected the filing issue which occurred as a result of the report containing empty cells.
  • Updated the 'Average number of employees' disclosure within Employee Information to allow zero as the number of employees.
  • Edit the wording of the items in the predefined list of the 'Tax reconciliation' disclosure within Income Tax for consistency with other templates and to ensure the option selected links to the correct tag within the report.
  • Edited the Banks disclosure to allow for more than 10 banks to be listed.
  • Further improvements to the template when used on the web.
Version 17 - platform build 6.30 onwards

The updates within version 17 include:

  • This template release includes a fix required to push and use the template on the web version of the application.
Version 16 - platform build 6.30 onwards

The updates within version 16 include:

  • The reports have been updated to use the 2023 taxonomy.
  • New mandatory tag “Principal currency used in business report” added to the reports.
  • New disclosure added within the Income Tax disclosure dialog for 'International tax reform - Pillar Two model rules'.
  • Option to enter a description added to the 'Deferred tax movement, assets and liabilities' disclosure within the Income Tax disclosure dialog.
  • All column headings within the ‘Statement of Changes in Equity’ now link to the description of the category used for that column in the table.
  • Visible link added to the reports to Edit Data on the Disclosure tab.
  • Further improvements to the template when used on the web.
  • Various fixes to issues with existing disclosures in order to improve the customer experience.
Version 15 - platform build 6.30 onwards

The updates within version 15 include:

  • Reports updated to use the 2022 taxonomy.
  • Hidden tag for "Equity" added to the existing hidden tags within the report to resolve the issue resulting from rounding when equity can appear to be zero.
  • Correct the Group hidden tags which incorrectly linked to company values.
  • Correct issue of values entered in the Discontinued Operations for FRS 101 Accounts disclosure dialog not appearing in the report.
  • Various fixes to issues with existing disclosures in order to improve the customer experience.
Version 14 - platform build 6.30 onwards

The updates within version 14 include:

  • Reports updated to use the 2022 taxonomy.
  • New report added named Category Summary – Rounding Variances to allow users to see how the rounding has been applied to each category value.
  • Added a “Reconciliation” to both 'iXBRL Detailed Profit and Loss Accounts' to highlight differences between values in this statement and the statutory statements..
  • Update the wording within the ‘Directors Responsibility Statement’ and ‘Responsibilities of directors’ paragraph found within the Independent Auditors Report.
  • Within the ‘Directors Report’, added new template ‘Financial KPI's to 2dp’ and provided an option to use this or the template which doesn’t disclose the values to two decimal places.
  • Amend the tagging within the ‘Independent Auditors Report’ on the section ‘Key audit matters’ and add tagging to the section ‘Basis for opinion’. Tagging also added to the section ‘Auditors Responsibilities'.
  • Correct issues/further improvements to disclosures which were preventing the template from pushing to the web.
  • Various fixes to issues with existing disclosures in order to improve the customer experience.
Version 13 - platform build 6.30 onwards

The updates within version 13 include:

  • Updated the 'Independent Auditors Report' per the updated and revised ISAs for Ireland.
  • New manual data entry tables to enter values for the following sections rather than post journals and use categories to analyse the movements:
  • New categories added for “trade and other receivables” as a non-current asset.
  • Improvements to the presentation of the 'Statement of Changes in Equity'.
  • Add new reports, based on the Category Summary report, named Category Summary - Format 1 (Function) and Category Summary – Format 2 (Nature).
  • Improve the presentation of the Category Summary report, including edits to the page header to correct the incorrect prior period date being used, and page footer so these link to the settings on the Summary tab.
  • Correct display conditions and update the disclosure 'FRS 101 Disclosure Exemptions'.
  • Updates per the amendments to IAS 16 with new categories added and included within the 'Statement of Comprehensive Income' and 'Income Tax' note.
  • New row for "transferred during the period" added to the note Share-Based Payments.
  • Improve the presentation of the Category Summary report with edits to the page header and footer, and separate Format 1 (Function) and Format 2 (Nature) depending on the presentation selected.
  • Reviewed the FRS 101 Accounts report and amended where necessary to provide consistency throughout the report with the use of the wording variables found on the Summary tab within the Report Wording Variables for FRS 101 Report dialog.
  • Warning added to the 'Cover Page' if the iXBRL Detailed Profit and Loss is not included in the final report or a different currency to Euros has been selected for filing purposes.
  • Correct issues/further improvements to disclosures which were preventing the template from pushing to the web.
  • Various fixes to issues with existing disclosures in order to improve the customer experience.
Version 12 - platform build 6.28 onwards

The updates within version 12 include:

Version 10 & 11 - platform build 6.28 onwards

The updates within version 10 & 11 include:

  • Template updated to allow this to be pushed to the web version of Accounts Production.
  • New category added for ‘Capital contribution reserve’.
  • Updated disclosure for ‘Disposal of a subsidiary’ which has been renamed to Disposalsand now allows for details of more than one disposal to be entered.
  • Auditors Report wording updated where a qualified opinion is provided and new ‘Key audit matters’ disclosure added, found in the Audit Opinion disclosure dialog, and ‘Going concern’ disclosure added, found in the Other (Audit) Disclosures disclosure dialog.
  • Warning added to all tables found on the Disclosure tab to warn of a blank row being created in error.
  • The 'change to landscape' and 'change to portrait' templates in the following locations have been made conditional to be used when a subsequent table can't be presented in portrait:
    • Income Statement
    • Statement of Changes in Equity
    • Intangible Fixed Assets note
    • Property, Plant and Equipment note
    • Income Tax note
    • Reconciliation of Liabilities Arising from Financing Activities note
  • Various fixes to issues with existing disclosures in order to improve the customer experience.
Version 9 - platform build 6.24 onwards

The updates within version 9 include:

  • New additional disclosures added named Non-Import Custom Disclosures.
  • New disclosures added to financial instruments for amendments relating to Interest Rate Benchmark Reform.
  • New disclosure within Accounting Polices, Basis of Preparation for the "impact from covid 19".
  • Updated the Trade and Other Payables note to provide separate tables per Companies Act and IAS within the FRS 101 report.
  • Various bug fixes.
Version 8 - platform build 6.24 onwards

The updates within version 8 include:

  • Updated the ignored words (spellings) list.
  • New Other Notes field added on the Summary tab to disclose notes on the entity that roll forward (are not period specific unlike the existing Period Notes which don't roll forward).
  • New disclosure ‘change of company name’ added to the Disclosure tab.
  • Various bug fixes.
Version 7 - platform build 6.24 onwards

The updates within version 7 include:

  • Reports updated to use the 2019 taxonomies.
  • Option added to import data from Excel on the Company Investments disclosure dialog for Investments in Subsidiaries, Joint Ventures and Associates. New table created to list all investments as an alternative method of adding this information.
  • New disclosure added for Authorised Share Capital with different currencies.
  • Edited the warnings to take into account the rounding and scaling settings and correctly highlight any differences.
  • Edited the tags found in the Statement of Changes in Equity and Balance Sheet to avoid tagging errors when a restatement is posted.
  • New accounting policy added to explain the changes resulting from adopting IFRS 9, IFRS 15 and IFRS 16.
  • Various bug fixes.
Version 6 - platform build 6.19 onwards

The updates within version 6 include:

  • Various bug fixes.
  • An option has been added to the Report Table Settings dialog enabling you to align the table column headers.
  • Legislative changes to the FRS 101 report per the Companies Act update, which include a wording change from "charges" to "expenses" and within the Balance Sheet adding separate rows for "profit or loss brought forward" and "profit or loss for the year".
  • Various disclosure updates per the requirements of IFRS 9 to support accounting periods starting on/after 1st January 2018.
  • Various disclosure updates per the requirements of IFRS 15 to support accounting periods starting on/after 1st January 2018.
  • Various disclosure updates per the requirements of IFRS 16 to support accounting periods starting on/after 1st January 2019. Early adoption is permitted by ticking the appropriate control on the Summary tab > General dialog, customers can confirm early application of this.
Version 5:

The updates within version 5 include:

  • Platform build 6.19 onwards
  • This version includes various bug fixes.
  • All reports updated with two new iXBRL tagged Detailed Profit and Loss statements using Format 1 (Function) and Format 2 (Nature) presentation. The previous version has been removed as has the category structure which has been replaced with two new structures (Format 1 and Format 2). These new category structures have been created based on the new Detailed Profit and Loss tags added to the updated taxonomy recently released by ROI Revenue. Customers using a platform version earlier than v6.23 will need to manually add the new taxonomy. To do this:

    • Save the zip file named ‘IE-FRS-IE-DPL-2017-09-01-V2.1’ locally and extract the files.

    • Within Accounts Production, go to Tools menu > Manage XBRL Taxonomies.

    • In this window, click Add then the Ellipses button for Location and navigate to where you saved the taxonomy files.

    • Drill down through ‘IE-FRS-IE-DPL-2017-09-01-V2.1’ > ‘Combined’ > ‘raw.githubusercontent.com’ > ‘revenue-ie’ > ‘dpl’ > ‘master’ > ‘schemas’ > ‘ct’ > ‘combined’ > ‘2017-09-01’ and select the file named ‘IE-EU-IFRS-IE-DPL-2017-09-01’ to use the ROI IFRS taxonomy.

    • Click OK to add the taxonomy and return to the Manage XBRL Taxonomies window.

    • Repeat the process for the ROI FRS101 taxonomy (file named ‘IE-FRS-101-IE-DPL-2017-09-01’).

When viewing the new Detailed Profit and Loss statements in Edit XBRL mode, a number of rows appear untagged such as Turnover, Gross Profit, Profit before tax. There are seven mandatory Detailed Profit and Loss tags and to ensure these are included even when the value is zero, these have been added to the Cover Page folder as hidden tags along with other mandatory tags to avoid filing rejections.

Version 4:
  • Platform build 6.19.8319 onwards
  • This version includes various bug fixes.
  • An option has been added to the Officers dialog to present report signatories either Vertically or Horizontally.
  • An Add a blank signatory tab has been added to the Officers dialog allowing reports to be sent for review with just a dotted line when the signatory is unknown.
  • A Date and Time option has been added to the Footer tab of the Report Settings dialog.
  • New Categories have been added for the following Current Liabilities: Corporation Tax, VAT, Social Security, Capital Gains Tax, Income Tax Payable on Emoluments, Other Income Tax and Other Taxes.
Version 5:
  • Platform build 6.19.8319 onwards
  • This version includes various bug fixes.
  • All reports updated with two new iXBRL tagged Detailed Profit and Loss statements using Format 1 (Function) and Format 2 (Nature) presentation. The previous version has been removed as has the category structure which has been replaced with two new structures (Format 1 and Format 2). These new category structures have been created based on the new Detailed Profit and Loss tags added to the updated taxonomy recently released by ROI Revenue. Customers using a platform version earlier than v6.23 will need to manually add the new taxonomy. To do this:

    • Save the zip file named ‘IE-FRS-IE-DPL-2017-09-01-V2.1’ locally and extract the files.

    • Within Accounts Production, go to Tools menu > Manage XBRL Taxonomies.

    • In this window, click Add then the Ellipses button for Location and navigate to where you saved the taxonomy files.

    • Drill down through ‘IE-FRS-IE-DPL-2017-09-01-V2.1’ > ‘Combined’ > ‘raw.githubusercontent.com’ > ‘revenue-ie’ > ‘dpl’ > ‘master’ > ‘schemas’ > ‘ct’ > ‘combined’ > ‘2017-09-01’ and select the file named ‘IE-EU-IFRS-IE-DPL-2017-09-01’ to use the ROI IFRS taxonomy.

    • Click OK to add the taxonomy and return to the Manage XBRL Taxonomies window.

    • Repeat the process for the ROI FRS101 taxonomy (file named ‘IE-FRS-101-IE-DPL-2017-09-01’).

When viewing the new Detailed Profit and Loss statements in Edit XBRL mode, a number of rows appear untagged such as Turnover, Gross Profit, Profit before tax. There are seven mandatory Detailed Profit and Loss tags and to ensure these are included even when the value is zero, these have been added to the Cover Page folder as hidden tags along with other mandatory tags to avoid filing rejections.

Version 4:
  • Platform build 6.19.8319 onwards
  • This version includes various bug fixes.
  • An option has been added to the Officers dialog to present report signatories either Vertically or Horizontally.
  • An Add a blank signatory tab has been added to the Officers dialog allowing reports to be sent for review with just a dotted line when the signatory is unknown.
  • A Date and Time option has been added to the Footer tab of the Report Settings dialog.
  • New Categories have been added for the following Current Liabilities: Corporation Tax, VAT, Social Security, Capital Gains Tax, Income Tax Payable on Emoluments, Other Income Tax and Other Taxes.
Version 3:
  • Platform build 6.17.8165 onwards
  • This version includes various bug fixes.
  • The existing audit report has been renamed as ‘Independent Auditor's Report pre June 2016’ and will be included if the accounting period commenced prior to 17 June 2016.
  • A new audit report has been added called ‘Independent Auditor's Report post June 2016’ and will be included if the accounting period commenced on or after 17 June 2016.
  • Updated categories to include a new structure for iXBRL Detailed P & L.
Version 2:
  • Platform build 6.10.7454 onwards
  • Presentation and Number and Date formatting have been moved from the Disclosure tab to a new Report Options section on the Summary tab.
Version 1: