XBRL Financial Reporting Application And Quality Analisis In China

XBRL is the application of XML in the field of financial report, it has changed the traditional way of presentation of the financial reporting and disclosure, can satisfy investors, regulators, and data analysts to the enterprise the timeliness, reliability of financial information is higher and higher requirements. For producers of financial report, the application of XBRL in accordance with the different submit request repeat input the plight of a large number of basic data. XBRL in computer readable markup language tag financial information, in different platform and system all can pass, implementation report input, repeated read at a time. At the same time, it can also according to different requirements, the automatic generation of different report, submit the work more convenient, accurate and standard. Information quality is the fundamental driving force of the development of the XBRL financial report. XBRL report has full implementation of listed companies in our country, so you need to analyze the XBRL report information disclosure status quo. If the original XBRL document data inaccuracies or other significant problems, the listed company will be in the middle of a discredited disadvantage, data users will lose faith in such data, exert a subtle influence on the initiative to abandon the XBRL reports. XBRL this research focus on the assessment of the shenzhen stock exchange listed company information service platform "submitted directly by the listed companies on the correctness of the XBRL reports with a disclaimer, thus forced to declare the correctness of the XBRL reports for the future make reasonable expectations.This paper main body includes the following: The first chapter is introduction. The paper mainly introduced the selected topic background and significance, research ideas and framework, research method, path analysis and innovation. The second chapter is literature review. In the perspective of technological innovation, the introduction of foreign literature is expounded the necessity of the XBRL technology, and the advantages of XBRL and XBRL’s impact on accounting and auditing. In the perspective of technology popularization and evelopment, reviews the domestic theory in XBRL research results and development challenges. The third chapter is theoretical basis of this article. This chapter mainly introduces the XBRL technology base. A comprehensive introduction and analysis of the XBRL technical specification and its specific manifestation XBRL taxonomy standard, XBRL instance documents.The fourth chapter introduces the status of the XBRL instance document, the shenzhen stock exchange currently used by the standard of classification, and the shenzhen stock exchange 40 listed companies for three consecutive years of XBRL instance document has carried on the statistical analysis, draw the corresponding data. The fifth chapter analysis of XBRL instance documents submitted to the existing problems and puts forward related Suggestions.Originally by XBRL instance document with PDF financial report than found that XBRL instance documents main error of accounts of two kinds of error and data errors, according to these errors, this paper puts forward the related Suggestions include: improve the XBRL application report submitted to the system, the standard of XBRL taxonomy, strengthen the education of the XBRL application ability of listed companies, realize the accounting information system and effective link of XBRL, at the same time also need to develop XBRL authentication business to further ensure the reliability of the XBRL reports.The deficiency of this paper lies in that the statistical sample size is insufficient, limit the comprehensive analysis. At the same time because they cannot obtain make XBRL instance document process details, so can’t clearly defined the responsibilities of the agencies in the process units, and then puts forward the more specific Suggestions.