Our FRCS Software earns XBRL re-certification
We are pleased to announce the re-certification of our flagship software, FRCS – Financial Reporter Compliance Suite, under the XBRL (eXtensible Business Reporting Language) standards. This re-certification ensures that
FRCS continues to meet the rigorous requirements set by global financial regulators, maintaining its position as a trusted solution for financial reporting. We are committed to providing up-to-date, compliant, and reliable tools for financial reporting.
Our CEO, Elias Afxentiou, commented, "The re-certification of our FRCS software reaffirms our commitment to regulatory excellence. As regulations and standards evolve, it's essential for businesses to have tools that are not only compliant but adaptable. Our clients can confidently rely on FRCS to simplify their financial reporting processes."
We are proud to be the only company in Cyprus offering software that holds XBRL certification. This recognition highlights our leading role in providing effective business solutions in a fast-evolving regulatory environment.
The XBRL re-certification confirms that FRCS continues to deliver precision and accuracy in financial data reporting, ensuring compliance with the highest regulatory standards. It also supports businesses in meeting both local and international reporting requirements, streamlining processes, and reducing the time and costs associated with manual data processing. As a globally recognized standard, XBRL ensures that FRCS integrates smoothly with other XBRL-compliant systems, making it an ideal solution for companies operating across borders.