A Research On The Quality Of Xbrl Internet Financial Reporting

Internet Financial Reporting's development relies on the innovation of the Internet service which will be improved along with innovation of the internet technology. As a technological innovation of internet financial reporting, XBRL is the key for the breakthrough of the quality of internet financial reporting, for the occurrence of XBRL lets real-time financial reporting, which can't be implemented in the classical reporting pattern, become possible. So, a study on the quality of XBRL technology used in internet financial reporting has theoretical and realistic significance.XBRL reporting platform,which descloses information effectivly and has navigation of website, is the fundation of high-quality XBRL internet financial reporting. First and formost, Reporting platforms of Shanghai Stock Exchange, Shenzhen Stock Exchange, Taiwan Stock Exchange, Israel Stock Exchange and American Stock Exchange are chosed as samples to analysis the performance of world-round financial reporting.Secondly, based on"disclosure equity"principle, the comparison between semantic elements defined in XBRL taxonomy and financial reporting in PDF version of listed companies in financial and insurance industry are made from technical aspect. And then, the paper focus on the match degree between XBRL taxonomy and accounting information disclosure regulations, the integrity and the level detail of taxonomy.Moreover, the paper concludes the problems occurring in performance of reporting platform and contents of XBRL taxonomy. Finally, it proposes several suggestions to improve XBRL internet financial reporting for futher research.