When submitting XBRL filings in Singapore, seeing the message “Validation Passed” can feel like a huge relief. For many SMEs, it sounds like confirmation that everything is complete, correct, and fully approved.
In reality, “Validation Passed” is an important milestone — but it doesn’t mean what many people think it means.
At its core, validation checks whether your XBRL file meets ACRA’s automated rules.
“Validation Passed” means:
It confirms that the data makes sense structurally to the system.
This status does not mean:
Validation checks logic and structure — not business judgment.
Even with validation passed:
ACRA may still request clarification if something looks inconsistent or unclear.
Think of validation as an entry checkpoint.
It ensures:
But it doesn’t replace:
SMEs often equate validation with approval because:
Understanding the limits of validation prevents false confidence.
Smart SMEs use validation as:
They still:
Passing validation is much easier when data is clean and structured from the start.
Platforms like ccMonet support accountants by generating structured Unaudited Financial Statements (UFS) from validated bookkeeping data, helping ensure that what passes validation also stands up to scrutiny later.
Understanding what validation really means helps SMEs avoid complacency and prepare more confidently.
When financial data is accurate, traceable, and well-structured, validation becomes a confirmation — not a false sense of completion.
👉 Learn how structured, AI-assisted financial workflows support confident XBRL filing at https://www.ccmonet.ai/
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