The Application Of Listed Companies To XBRL Network Report

In today's society,the application of big data is more and more revealing his advantages and occupying more and more areas.Financial,e-commerce,O2 O,logistics and distribution,various fields that utilize the development of big data are assisting enter prises Constantly develop new business,innovative business model.Faced with the massive data brought by the big data era,financial reports in the form of PDF,EXCEL and other formats generated by the traditional financial models of the enterprises can no longer meet the requirements of the internal and external users in the financial reports for timeliness and low cost of information.At the same time,the rapid development of Internet and computer technologies has led to the production of XBRL technology based on XML language and used to solve the problem of the limitation of traditional financial statements.The XML language is a next-generation network context standard that describes the transmission language that the US-China document types follow,derived from the standard common markup language.It provides metadata rules by separating the presentation of the document from the logical content and adding elemental data to represent the logical structure.The application of XML in the accounting industry to expand,upgrade to XBRL.Therefore,XBRL not only inherits the advantages of XML,but also has its own unique advantages.The data produced by it is characterized by promptness,accuracy and traceability.This makes XBRL technology did not take long,it has been promoted and applied in our country.At the same time,our country is also the first country in the world that mandates publicly-traded companies to submit financial reports in XBRL format.Since 2002,XBRL related technology has been used in our country for more than 10 years.Listed companies have also submitted reports from the XBRL network only to the stage of applying the XBRL network report to help enterprises conduct internal management.This paper selects the S group which is the forerunner of XBRL technology application in domestic listed companies as the case representative and analyzes the XBRL network report quality and application effectiveness.It finds that there are some problems such as the in-house staff is not proficient in technology and the related taxonomy is not perfect enough,And put forward some suggestions on how to improve the reporting quality and decision value of XBRL network,and how to establish a financial early-warning system based on XBRL network report.It is hoped that it can contribute to the application of XBRL technology by Chinese listed companies.