Ranked as one of top ten technologies for accounting and auditing professionals, eXtensible Business Reporting Language (XBRL) is a freely available, open, and global standard language for exchanging business financial information digitally. XBRL holds the greatest promise for building a global standard that is pledged to enhance the accuracy, reliability, efficiency, accessibility and availabi...

XBRL (eXtensible Business Reporting Language) facilitates the efficient processing/interpreting of corporate financial information by investors. This paper examines market reactions to financial statement filings in China in the period before and after the XBRL mandate in China to assess the extent to which XBRL may impact the processing of financial information. It finds that absolute price re...

This paper is about high level modeling of XBRL and some of the problems and opportunities it exposes. Recently, XBRL International, Inc. (XII), proposed six strategic initiatives which will set the course of XBRL development for the next few years. The first of the new initiatives is the Abstract Modeling Task Force. Its output will be a Unified Modeling Language (UML) abstract model of the XB...

As an open standard for electronic communication of business and financial data, XBRL has the potential of improving the efficiency of the business data supply chain. A number of jurisdictions have developed different XBRL taxonomies as their data standards. Semantic heterogeneity exists in these taxonomies, the corresponding instances, and the internal systems that store the original data. Con...

Extensible Business Reporting Language (XBRL) has developed rapidly since its birth as one of accounting information processing standards and the latest technology. The governmental departments (including finance, taxation, business and other institutions), listed companies, famous software companies, academic institutions and other professions are paying more and more attention to the research...

XBRL is a computer language add-on that facilitates the rendering of financial information. Its development has been accompanied by claims that XBRL will, among other things, lead to continuous reporting and eliminate financial reporting differences including differences between jurisdictional GAAP. These discussions have largely ignored the literature on voluntary disclosures and earnings mana...

a r t i c l e i n f o Keywords: XBRL Information asymmetry Corporate disclosure Firm size Korean stock market This paper examines whether or not XBRL (eXtensible Business Reporting Language) adoption reduces information asymmetry in a stock market context. Student t-tests and multiple regression analysis were employed to examine the effect of XBRL adoption on information asymmetry in the capita...

The objective of this paper is to identify the factors that could have led North-American companies to voluntarily submit their information in XBRL (eXtensible Business Reporting Language) under the XBRL Voluntary Financial Reporting Program (2005-2008). The motivation that led us to carry out this analysis was the fact that, despite the many benefits attributed to XBRL, only 137 companies (out...

As a standard for the exchange, transmission, and reporting of accounting and financial data, XRBL goes a long way toward standardization. However, as the extent of contemporary financial markets is now global, XBRL reporting must transcend or accommodate differences in reporting standards. While XBRL has been of great help in standardizing the presentation of the U.S. GAAP and IASB standards, ...

Business is reliant on Information Technology to process and share financial data. Proprietary formats often hinder the sharing of financial data as stakeholders can not uniformly read or access the data. As a result, XBRL (The eXtensible Business Reporting Language) was developed to address the information sharing issue, and is rapidly becoming the standard format for financial data. XBRL does...