For many Singapore SMEs, one of the most frustrating moments in the compliance cycle is having to rework XBRL filings after receiving auditor feedback. By that point, financial statements feel “final,” deadlines are close, and any changes trigger a ripple effect across multiple reports.
While some revisions are unavoidable, much of this rework can be reduced — or avoided entirely — with better preparation earlier in the process.
Auditors don’t review XBRL in isolation. Their feedback usually reflects deeper issues in the financial data.
Common triggers include:
When these changes are made late, XBRL mapping and validation must be redone.
One of the biggest causes of rework is starting XBRL too early — before financial data is stable.
To reduce rework:
Stability matters more than speed.
Certain areas are more likely to attract auditor attention.
SMEs can reduce rework by reviewing:
Proactively reviewing these areas reduces late changes.
After audit feedback, some SMEs make quick manual fixes just to satisfy comments.
These patches can:
It’s better to update data systematically at the source.
Auditor-driven changes should be easy to trace.
This means:
Clear traceability reduces confusion and rework.
Modern systems make post-audit changes less disruptive.
When financial statements are generated from structured data, updates flow through automatically. Platforms like ccMonet support accountants by generating Unaudited Financial Statements (UFS) from validated bookkeeping data, reducing the need to remap XBRL after auditor feedback.
Separating audit and XBRL as two unrelated steps increases rework.
When both are built on the same clean data foundation:
Reworking XBRL after auditor feedback is often a sign that data wasn’t ready when mapping began.
For SMEs, investing in data quality and process discipline upfront saves far more time than fixing issues later.
👉 Learn how structured, AI-assisted financial workflows help reduce post-audit XBRL rework at https://www.ccmonet.ai/
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