If you have detected an error in your company’s past XBRL filings, you may either file a Notice of Error (NOE) with ACRA to rectify typographical or clerical errors, or file a Court Order to expunge the filed Annual Return and re-file a new Annual Return.

You should file the NOE as soon as possible – companies can face prosecution if the errors are found to be false or misleading.

NOE for Errors in XBRL filings in Annual Return filed before 3 Jan 2016

The company should file the PDF copy of the AGM financial statements as part of the NOE. It will not be necessary to file a rectified XBRL file.

NOE for Errors in XBRL filings in Annual Return filed on/after 3 Jan 2016

The company should prepare and file the amended XBRL financial statements in BizFinx, based on similar taxonomy version used for the original XBRL financial statements.

Current XBRL filing requirements (taxonomy version of v4.1 and earlier)

If the original XBRL financial statements filed for the Annual Return are prepared based on the current XBRL filing requirements, the amended XBRL financial statements should also be prepared based on the same current XBRL filing requirements. Use version 2.7 of BizFinx preparation tool to prepare the amended XBRL financial statements.

Revised XBRL filing requirements (taxonomy version 2020_v1.0)

If the original XBRL financial statements filed for the Annual Return are prepared based on the revised XBRL filing requirements, the amended XBRL financial statements should also be prepared based on the same revised XBRL filing requirements. Use version 3.2 of BizFinx preparation tool to prepare the amended XBRL financial statements.

To check on the taxonomy version, please refer to “Filing Information” tab in BizFinx preparation tool.

Click here to learn more on how to retrieve the XBRL financial statements that the company had earlier filed with ACRA.

Please refer to our e-guide to filing NOE(PDF, 0.98MB).

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