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FAQs

EcoActive – Financial Disclosure Management

EcoActive uses accounting standards such as IFRS and US GAAP — along with their corresponding XBRL taxonomies — as the structural backbone of the disclosure process. Rather than drafting reports in isolation, financial statements and related narratives are developed within a standards-aligned framework that ensures consistency, completeness, and traceability.

Yes. EcoActive aligns disclosures with IFRS and US GAAP requirements and incorporates their respective XBRL taxonomies to structure financial data and related narratives. This ensures that reporting is anchored in authoritative accounting standards from the outset.

XBRL taxonomies provide a standardized structure for financial concepts. EcoActive uses this structured layer not just for filing purposes, but to guide the preparation of financial disclosures. This enables consistent mapping between source data, financial statements, and accompanying narratives — reducing misalignment and manual reconciliation.

Yes. The platform can integrate with a variety of data sources, including ERP systems, consolidation platforms, spreadsheets, and structured data repositories. By linking directly to source data, EcoActive minimizes manual re-entry and ensures financial disclosures remain synchronized with underlying numbers.

EcoActive adopts a data-centric approach. Structured financial data aligned to accounting standards drives the generation and validation of narrative disclosures such as management discussion, notes, and risk commentary. This ensures that narrative content remains consistent with the financial statements and underlying data.

Because disclosures are built on structured, standards-based data from the beginning, changes flow through related sections automatically. This reduces late-stage inconsistencies between tables, notes, and commentary — a common source of “pencils down” stress in reporting cycles.

EcoActive bridges structured reporting (XBRL/iXBRL) and human-readable financial reports within a single workflow. Financial data structured under IFRS or US GAAP taxonomies supports both regulatory filings and traditional report formats, maintaining consistency across outputs.

Yes. By anchoring disclosures to recognized accounting standards and maintaining traceable links between source data, financial statements, and narrative explanations, EcoActive strengthens governance and audit defensibility.

Financial + ESG Convergence

EcoActive recognizes that many ESG metrics have financial implications — such as climate-related risks, provisions, asset impairments, or regulatory exposures. By managing both financial and ESG disclosures within the same standards-based environment, the platform ensures consistency and avoids contradictory reporting.

Yes. The platform identifies shared data elements across financial statements and ESG disclosures, ensuring updates are synchronized across reports. This reduces duplication and enhances transparency in integrated reporting.

Absolutely. Because EcoActive leverages accounting standards, ESG frameworks, and structured taxonomies within one architecture, it provides a natural foundation for integrated reporting — where financial and sustainability performance are presented cohesively.

Traditional tools focus on document assembly. EcoActive is standards-driven and data-centric. It leverages IFRS, US GAAP, and XBRL taxonomies to structure disclosures from the ground up — connecting source data, financial statements, ESG metrics, and narrative reporting within a single governed platform. EcoActive does not treat XBRL as a compliance afterthought.
It uses accounting standards and taxonomies as the architectural framework for disclosure management itself.