ESEF reporting

We are an official implementation and consulting partner for iXBRL tagging tools for businesses and auditors

Managed service provider for iXBRL projects on behalf of the client
iXBRL review tool provider for Auditors
Conversion of sustainability report to XHTML format
Consultations on the ESEF requirements and iXBRL tagging process of annual reports
Audit according to ESEF requirements for Annual Reports in XHTML format
Consulting and iXBRL tagging of the sustainability report according to the ESG taxonomy (currently with the IFRS-approved SASB taxonomy)
XBRL certified software's provider for ESEF-compliant reporting
Audit according to ESEF requirements for consolidated Annual Reports in XHTML format with Inline XBRL tagging

Orients Audit & Finance is a leader in the field of ESEF reporting services in Latvia. We provide iXBRL project implementation, managed service on behalf of the client and/or consultations for listed companies.

According to ESEF (European Single Electronic Format) reporting requirements starting from year 2021 – all listed companies need to report in XHTML.

IFRS consolidated financial statements are required to be tagged using Inline XBRL (iXBRL) format that shall be embedded in the XHTML document version. According to ESEF it is required to tag main financial statements and ~ 230 text blocks of all financial information notes. For tagging IFRS taxonomy should be used. Tagging process should be done using a specialized XBRL International-certified tool.

Orients Audit & Finance is Corefiling partner in Baltics and Scandinavia. We offer:

XHTML requirements can be met by converting from:

  • MS Word format
  • Excel format
  • InDesign format.


Corefiling is a UK based global software and services company that specialises in data efficiency, particularly in the area of external reporting and use of XBRL technology. Corefiling's software and services cover the entire reporting ecosystem including data standards definition, filing preparation, assurance and data collection. 

Orients Audit & Finance in cooperation with CoreFiling have created the first publicly available digital sustainability report template in Europe. To tag the report, the project of the International Sustainability Standards Board (ISSB) taxonomy was used. Check it here. 

Reviews for ESEF projects

"Orients was an invaluable cooperation partner in tagging our annual report according to ESEF requirements. We highly appreciate the Orients team's ability to fit in within short deadlines, as well as their independence in performing work and communicating with our auditors." ARTURS ROZE, Finance Manager at IPAS “INDEXO

“We appreciate the service provided by Orients Audit & Finance. Our cooperation was characterized by accuracy, quality and inline with the required timelines.” KASPARS GIBEIKO, Head of Accounting Department at “Attīstības finanšu institūcija Altum” AS

"Thank you Orients Audit & Finance team for the productive cooperation within iXBRL tagging of the annual report in compliance with ESEF format. The cooperation was constructive, the attitude was kind and helpful. I highly appreciate the involvement of Orients Audit & Finance in the communication with Nasdaq in settling the overall issue, as well as the effective communication with the auditors. Thank you for the prompt answers to the questions and timely explanations!" ZANE JOZEPA, CFO at “SAF Tehnika” AS