Rayan Bourse Company
Rayan Bourse Company as a subsidiary of the Securities and Exchange Organization of Iran (SEO) provides the business IT solutions and services in order to enhance the accessibility of the reliable information and particularly the transparency of the capital market.
eXtensible Business Reporting Language (XBRL)
In order to use the core capabilities of the XBRL as the global standard which lets reporting information move between organizations rapidly, accurately, and digitally, the XBRL format of the published financial statements of different types of industries are also available along with other formats at the CODAL portal. The XBRL has the considerable impact on improving transparency in financial reporting, and it provides the opportunity for foreign investors to evaluate the financial statements of our local companies for their investments.
Rayan Bourse Company also holds different types of courses in order to train users to use the CODAL framework as well as the XBRL standard. These courses help issuers, audit institutes, and etc. to learn how to work with the system, how to fill and send their financial and non-financial data, how to use the XBRL format of the financial statements, and so on.