Study On The Application Of XBRL Internet Financial Report In China

The2006-2020national informatization development strategy is published, whichputs forward comprehensively promoting the construction of informatization requirementsfor every department and every region in our country and which is planned orderlyimplementation. Realizing the accounting informatization, the popularization andapplication of the XBRL is the indispensable means. China officially group’s foundingXBRL and XBRL enterprise general classification standards of our country, respectivelyprovide the organizational safeguard and the technical supportion for our country. With thisopportunity, this paper closely focus on XBRL financial reporting system developmenttrends of our country, and based on the results of the domestic and foreign relevant study,this paper is research on the XBRL’s technical architecture, CAS taxonomy, the analyse ofthe status on XBRL’s application, the effect of enterprise general classification’simplemention and the elements which effect on the construction of the XBRL-based IFRsystem, and which gives some suggestions about it. The main research work of this paperis as follows:（1） XBRL is forced to be applied into the listed companies. In this background, bythe way of questionnaire survey we find our private company has already have the XBRLcognitive basis, and we propose some suggestions on the construction of the XBRL-basedIFR system in China.（2）This paper from the three aspects of our country’s XBRL how to comply withthe series of the national XBRL technology taxonomy, how to comply with the generalclassification standard, and the quantity and expansion of general classification standards,analies the implementation of the first use of the XBRL general classification standard’senterprise statistically and accumulates the experience of the promotion for XBRL.（3）The core value of XBRL is to improve the enterprise’s accounting informationquality, and in further we analy which how to influence the investors’ decision. This paperfrom the theoretical perspective narratives how XBRL influences the accountinginformation quality. On the basis of theoretical analysis, we put forward some relevant hypothesis, and verify XBRL how to improve the accounting information quality throughthe empirical test.