Twinfield blog

“Getting data in” efficiently still seems to be the primary focus for many practices and it’s a good place to start because the technology to automate data acquisition is proven and practices are attracted by the efficiency gains, particularly if they’re responding to client demands for fixed- and value-based pricing rather than traditional hours-based billing. [...]

During my daily meetings with our clients (i.e. accountants) about Twinfield’s vision on the iXBRL introduction, I notice that everyone is willing to make the necessary preparations. I often notice that people are looking beyond the possibility of generating a digital report for the requesting party. For many people, it is an excellent time to [...]

Slowly but surely it’s becoming clear that Twinfield is going to show the public its iXBRL solution during the National Accountancy day for the first time. The ‘iXBRL scene’ is starting to take note, which we in turn are noticing through all of our interactive channels of communication. More and more questions are being asked [...]

Twinfield, pioneer and market leader in the field of online accounting, announced today the launch of its iXBRL strategy. This strategy has been developed based on the new international standard for the exchange of financial reports, a standard that is being adopted in several of the countries that Twinfield serves.  In the UK, iXBRL forms [...]

The National Accountancy Survey (about which more later) makes it clear that the majority of accountants’ offices have placed the implementation of online services higher on the agenda than the subject of iXBRL. Whenever the subject of iXBRL comes up for discussion, it is mainly understood to be a way to evaluate all administrative work [...]