Research On The Application Of XBRL Financial Reporting Of GEM Listing Company

Since the XBRL financial report in 1998 to produce,has been the promotion and use of more than 50 countries around the world.At the same time,each year to the rapid growth of the number of XBRL instance documents generated XBRL technology used in financial analysis,tax,securities regulation,data integration,and other fields,almost covers the whole process of economic activities.In late 1999,Chinese scholars began to concern of XBRL,the shenzhen stock exchange in 2003 and the Shanghai stock exchange are respectively selected listed companies to carry out the pilot to submit the XBRL financial report,and fully implementing before,during,and after 2009.The following year of XBRL in our country general classification standard,it can be said that 10 years XBRL technology has made great achievement in China,and has a good development prospects.The shenzhen stock exchange founded the gem is the beneficial supplement of capital markets,by the year 2015 has reached 4.47 trillion yuan,the size of the effective docking channels becoming a technology and capital.The development of the vc to more dynamic and unaware of high-tech enterprises constantly enrich the market leading innovation in China.XBRL financial report are listed state-owned large enterprises in the application and development of its application in the gem listed companies how to?Based on these problems,in this paper,the gem background and current situation of the application of XBRL financial reports of listed companies is studied.Followed by gem of Y company,for example,found that the current of the implementation of the XBRL financial report is still in its infancy,there are some problems:the application will not strong,lack of power,the application of XBRL financial report level is low,can be fully reflected in the XBRL platform company related information,etc.To solve these problems,this paper analyzes in detail the reason.Based on the problems found in this paper,this article put forward from the Angle of government,companies and regulators gem application of XBRL financial reports of listed companies development countermeasures.First,accelerate the construction of classification criteria.Second,improve the way of the XBRL financial report disclosure.Third,promote application of power.Fourth,improve the application level of XBRL financial reports and level,especially to strengthen the application of XBRL technology within the enterprise.Due to the gem listed companies in China at present the application of XBRL financial report a relatively short time,so the application level of ascension will also need a process.Owing to the great technical advantages of XBRL financial reports at the same time,especially the international uniform processing language and the way of rich information disclosure mode,believe in XBRL financial report in the future there will be more vast in the gem listed companies.