XBRL Preparation • LIONSWORLD
XBRL Preparation Services — Fast, Accurate, ACRA-Ready
We convert your financial statements into ACRA-compliant XBRL, validate against BizFinx, and prepare the final package for smooth submission.
What’s Included in XBRL Preparation:
- RConversion of Financial Statement to ACRA-compliant XBRL
- RBizFinx validation & error checks
- RAccurate mapping of line items & tags
- RFinal XBRL package ready for submission
- RLiaison support for ACRA queries
Perfect for SMEs required to file financials in XBRL format under ACRA guidelines.
Clear, Fixed Pricing
No hidden fees. Transparent pricing.
S$300 (excl. GST)
- ✓All core XBRL conversion tasks included
- ✓Submission-ready output
- ✓Responsive local support
Lionsworld vs DIY Software
| Criteria | Lionsworld | DIY Software |
|---|---|---|
| Expertise | Human review & accurate mapping | Steep learning curve |
| Support | ACRA/BizFinx validation checks | Risk of tagging errors |
| Assurance | Local support & quick fixes | No human check before submission |
Trusted by Singapore SMEs
“Lionsworld converted our FS to XBRL quickly. ACRA accepted it without issues.”
Marcus Y., SaaS SME
“Clear process, fast turnaround, and responsive support. Highly recommended.”
Elaine C., Retail SME
Why Choose Lionsworld
The Lionsworld Advantage
Over 40 years of serving Singapore SMEs with proven reliability.
Local XBRL Experts
Singapore team attuned to BizFinx and ACRA rules.
Verified Compliance
Reduce filing rejection risk with thorough validations.
Break Down the Investor Visibility Barrier
Be seen by investors actively searching for opportunities like yours
Turn Filing Into a One-Click Process
File once, reuse forever—save time on every subsequent filing
Escape the Manual Data Trap
Eliminate time-consuming, error-prone data extraction forever
Trusted Local Expertise
Over 40 years of serving Singapore SMEs with proven reliability.
FAQs — Annual Financial Statements
What is XBRL filing and why is it required?
Under Accounting and Corporate Regulatory Authority (ACRA) rules in Singapore, XBRL stands for eXtensible Business Reporting Language. It is an XML-based standard designed for electronic communication of business and financial data.
The requirement: since 1 November 2007, incorporated companies required to file financial statements with ACRA are mandated to submit them in XBRL format — either a full set of statements or, in certain cases, Financial Statement Highlights in XBRL format.
Why required? XBRL enables efficient, accurate and comparable submission of financial data. It enhances transparency, allows ACRA and other users to analyse data more readily, and improves the quality of regulatory reporting.
For more information, see ACRA’s official page: About XBRL
Who needs to file in XBRL?
Most incorporated companies in Singapore are required to file in XBRL. Exemptions may be applicable based on the company’s type and size.
How long does conversion take?
With a complete Financial Statement, conversion typically takes a few days, depending on complexity and required validations.
Can you help if my Financial Statement isn’t ready?
Yes. We can refer you to our Annual Financial Statements service to compile the FS before XBRL conversion.
Free Consultation — XBRL Filing Made Easy
Leave your FS to Lionsworld and let our team handle the conversion and ACRA validation.
Start Annual FilingCopyright – Lionsworld 2025
