Foreign Filers Reporting in IFRS Can Rely on Issuer Direct for all of Their SEC Reporting Requirements
MORRISVILLE, NC / ACCESSWIRE / September 29, 2017 / Issuer Direct Corporation (NYSE American: ISDR), an industry-leading communications and compliance company, today announced that its Cloud-based Platform id. disclosure system has been upgraded to include not only Inline XBRL but also all of the necessary regulatory taxonomies for foreign filers using International Financial Reporting Standards ("IFRS").
Foreign filers with fiscal years ended on or after December 15, 2017 are required to begin reporting their financials in XBRL with the Securities and Exchange Commission ("SEC") in early 2018. Issuer Direct's Platform id. has adopted the new IFRS taxonomy into and with its new disclosure upgrade for Inline XBRL.
"Customer success is our number one priority at Issuer Direct, and to prepare for the upcoming SEC IFRS deadline, we are announcing that we have successfully on-boarded our first group of foreign filers utilizing our IFRS Inline XBRL tagging system," said Brian Balbirnie, Chief Executive Officer for Issuer Direct. "We are fully prepared to handle our foreign reporting customers' needs with our upgraded Inline XBRL system."
For more information about the new IFRS rules for foreign filers, please click here.
Foreign filers that are reporting in IFRS that wish to take advantage of a special offer from Issuer Direct should contact us today to take our platform for a test drive. (http://info.issuerdirect.com/foreign-filers)
About Issuer Direct Corporation
Issuer Direct® is an industry-leading communications and compliance company focusing on the needs of corporate issuers. Issuer Direct's principal platform, Platform id., empowers users by thoughtfully integrating the most relevant tools, technologies and services, thus eliminating the complexity associated with producing and distributing financial and business communications. Headquartered in RTP, NC, Issuer Direct serves more than 2,000 public and private companies in more than 18 countries. For more information, please visit www.issuerdirect.com.
Brian R. Balbirnie
Issuer Direct Corporation
SOURCE: Issuer Direct Corporation