Based On The Application Research Of XBRL Internet Financial Reporting

In today’s rapid development of network information technology, information technologyis more and more important in economic development, the enterprise every link fromproduction to management gradually realize the informatization and intellectualization,improved the production efficiency of enterprises. With the popularity of accountinginformationization, the enterprise also pay more attention to network financial report, so thenetwork financial report gradually replacing paper-based financial reporting has become anirreversible trend. However, due to the lack of unified information sharing platform,enterprises and between enterprises, between enterprise and various government departmentsis difficult to realize the transformation of the financial information and sharing. Enterprisesin order to meet the needs of different departments, must comply with the requirements foreach department of financial statements, this will increase the working intensity of enterprisefinancial personnel, at the same time increase the data transformation frequency increases thelikelihood of data errors. XBRL, it is in this context, it is based on XML the mark sexLanguage, set up a standardized platform between the enterprises, realize rapid conversion offinancial data and retrieve, preparation of financial statements in accordance with the differentneeds of users, can not only improve the transfer efficiency increases the reliability offinancial information.This paper mainly studies XBRL application condition in LT company, although as awhole, XBRL in the preparation of financial statements has certain advantages, but forenterprises still exist many problems in practical application, such as the classification criteriaof XBRL is imperfect, related software, lack of talent, etc., especially the enterprises in theapplication of XBRL network financial report to some actual problems existing in the processof data stream, etc. As a result of XBRL in our country started relatively late, so for the use ofthe new technology need to slowly to adapt to the process, but also for executives or financialpersonnel need not mastered the basic technology of XBRL. At the end of the paper throughthe application of XBRL in LT company study, analyzes the problems existing in the practicalapplication process, and puts forward some Suggestions of popularization and application inview of these questions.