Fin-X Solutions

Fin-X Solutions is the UK trade name of IRIS Business Services Ltd., which provides XBRL/iXBRL report creation software and services through IRIS CARBON®.

[Fin-X Solutions @FinXSolutions]

🤔 Imagine harnessing the full potential of financial data for your industry.

📅 Join us at #PitchFest2023, hosted by Data Foundation for a crucial dialogue on "Unlocking the Vision of the Financial Data Transparency Act".

Register to join now: https://t.co/2CfzoQbFkT

[Fin-X Solutions @FinXSolutions]

As the financial world transitions to IFRS 17 'Insurance Contracts' since 1 January 2023, there's a change in accounting practices for insurance contracts. FRC notes key areas for improvement:

Learn how FinX can help: https://t.co/4yG8WmBczf

[Fin-X Solutions @FinXSolutions]

ESG has evolved from a mere checkbox to an imperative for long-term success. 𝐇𝐨𝐰 𝐚𝐫𝐞 𝐲𝐨𝐮 𝐬𝐭𝐞𝐞𝐫𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐭𝐡𝐢𝐬 𝐧𝐞𝐰 𝐭𝐞𝐫𝐫𝐚𝐢𝐧? Intrigued? https://t.co/lvlO3Gp5xn

#ESG #CFO #CorporateSustainability #TCFD

[Fin-X Solutions @FinXSolutions]

🧐 Tuesday Trivia Time!

The Financial Reporting Council (FRC) is vital. But funding such an endeavor is no small feat.

Which of the following is an actual source of funding for the FRC?

Choose your answer below!

[Fin-X Solutions @FinXSolutions]

From complex labeling to data accuracy, we've got you covered. Gain insights and strategies to streamline your reporting process.

Read our blog now
https://t.co/w0OUAVkH2w

#ESEFReporting #FinanceExecutives #FinancialDisclosure #Transparency #Compliance #BusinessSuccess

[Fin-X Solutions @FinXSolutions]

📢 New from the Financial Reporting Council: AI & ML revolutionizing UK actuarial practices! 🌟 General Insurance using AI/ML for pricing & forecasting. 🚀 Actuaries ramping up AI & ML use, noting models like ChatGPT. 🚫 Key concerns: transparency, data bias, privacy. ✨

[Fin-X Solutions @FinXSolutions]

Are you a LSE-listed company? With mandatory ESEF compliance approaching, it's crucial to select the perfect software solution.

Read our blog for a comprehensive 5-point checklist to choose the right ESEF software.

https://t.co/QkdAzddRsM

#ESEF #Compliance #FinancialReporting

[Fin-X Solutions @FinXSolutions]

📢 𝑩𝒓𝒆𝒂𝒌𝒊𝒏𝒈: FRC Enhances Auditor Standards

FRC strengthens audit standards with consultation to:

✅ Improve misstatement detection & reporting.
✅ Define auditor reporting to regulators.

Changes in ISA (UK) 250 A & B refine roles. Audits from 15 Dec 2024.

[Fin-X Solutions @FinXSolutions]

#MondayMystery: DIGITAL DISAPPEARANCE by Fin-X Solutions! 🔍

XYZ's vital e-communications vanish:

Collaboration emails? Erased 🤷‍♂️
Software update notes? MIA ❌
Market shift memos? Lost 🤔

Can you solve the riddle?

Vote & chance to win an e-book 🆓🌟

For entertainment only.

[Fin-X Solutions @FinXSolutions]

Unifying Global Finance with #IFRS

Imagine a world where every financial story speaks the same language - that's IFRS!

Trusted by 29,000+ companies, IFRS unites G20 titans and emerging markets, fostering financial clarity across 98% of the #globaleconomy. #FinancialReporting

[Fin-X Solutions @FinXSolutions]

#MondayMystery: TRICKY TRIAL BALANCE🔍 Ready?

📷 DeltaTech's financials show:

Missing documentation for entries.
High inventory amidst supply issues.
Unclear year-end deals.

Can you pinpoint the potential financial misdeed?
(Fictional scenario, no real-world reference)

[Fin-X Solutions @FinXSolutions]

Investors now feel company heartbeats via ESG metrics. 95% of firms are on the ESG journey!

🎙️ Oct 10: Dive in with Shambo Mitra on ESG & Neha Gajbhiye on IFRS-ISSB. CFO or CSO, join 'The ESG Revolution'. Ready for the next corporate reporting chapter? https://t.co/QHVyy9ZF7C

[Fin-X Solutions @FinXSolutions]

🚨 Spotting Tax Avoidance: Do You Know the Signs? 🚨

HMRC provides valuable insights on how to recognize potential tax avoidance schemes. Let's test your knowledge! 🤓

Which of the following is NOT a sign of a potential tax avoidance scheme as per the HMRC's guide?

[Fin-X Solutions @FinXSolutions]

🌟 #GandhiJayanti is here!🌟
"Be the change you wish to see." - Gandhi
Let's lead with truth & clarity as Gandhi Ji did. Wishing all an inspiring day! 🕊️

[Fin-X Solutions @FinXSolutions]

🇬🇧🇮🇪 UK & ROI: FRC's crafting new rules & YOUR voice is vital!

Dive into FRED 84 & spotlight supplier finance's effect on cash flow. Inspired by IASB's '23 guidelines, FRC's evolving FRS 102.

Target? Clarity by 1 Jan '25. Share your brilliance by 31 Dec '23!

#FRC #HMRC

[Fin-X Solutions @FinXSolutions]

Join the ESG Revolution webinar: Gain insights on ISSB, ESRS updates & transition to digital reporting.

Speakers: Shambo Mitra & Neha Gajbhiye.

Perfect for CFOs & forward-thinking leaders.

Reserve now! https://t.co/QHVyy9ZF7C

[Fin-X Solutions @FinXSolutions]

☕ Coffee fuels us, but #Sustainability shapes finance's future!

✅US ESG investments ⬆️ 42% since '18
✅72% of investors prioritize ESG
✅Europe at 31%

ESG boosts transparency, mitigates risks, & combats climate change. How's your org championing #ESG? Share below! ⬇️

[Fin-X Solutions @FinXSolutions]

Dive into the CT600 form essentials with our blog!

Understand its components from accounts to reports, and master your tax obligations to HMRC.

Read more: https://t.co/4sSZglIIJJ #CT600
#CorporationTax #HMRC #FinancialReporting

[Fin-X Solutions @FinXSolutions]

Navigating the stakeholder universe? Join the FRC's Stakeholder Insight Group:

🗣️ Discuss with diverse voices
🧠 Shape evolving governance
🌏 Impact ESG & Climate Reporting
🔍 Guide UK Governance & Stewardship Codes Be a thought leader.

Join SIG! #GovernanceMatters #ESG

[Fin-X Solutions @FinXSolutions]

The EU's game-changing transparency: Sustainable Finance Disclosure Regulation (SFDR)

🌱 Discloses sustainability info 📊 Informs investor choices 🌍 Assesses sustainability risks 💼 Attracts net-zero funding

Share views on SFDR & EU finance framework!
#SFDR #EU #sustainability