Research On The Application Of XBRL In Y Group

Since Hoffman proposed the concept of XBRL(expandable business reporting language)in 1998,the whole world has formed an atmosphere of integration into industry and finance.The original intention of XBRL is to make the relevant data as detailed as possible and improve the efficiency of accounting information processing..The birth of XBRL alleviated the pressure of information conversion between units and solved the problem that financial reports caused by non-standardized data could not meet diverse needs.XBRL can provide technical advantages for processing standardized and structured data,help establish a standardized platform,and can meet various personalized needs of different information users.With one report,you can extract financial data according to the specific needs of different financial statements.Even the function of the analysis.Greatly improve the efficiency and quality of information transmission,and is conducive to corporate decision-making.However,China is still in the initial stage of XBRL application.There are still many problems in the application of enterprises and regulatory agencies.The imperfections of theory and system and the lack of practical application experience have all added XBRL in China.Obstruction.Only by constantly using and thinking can we better solve the problems existing at present and contribute to the development of XBRL in our country.Based on the above background,based on the research of XBRL concept and related theories,this paper sorts out the development history and application status of XBRL in China,and takes Y Group as the research object,from technical environment,cost risk,internal environment and application benefit.The specific indicators were selected to construct the current status evaluation system of XBRL.Through the evaluation of the application status of Y Group,it was found that the group had problems such as low application level of production mode,lagging construction of classification standards,and inefficient integration of information systems,and the reasons for the problems occurred.Make specific improvement suggestions and safeguards.The main conclusions of this paper are as follows: Firstly,the application of AHP can solve the problem that the application status of complex fuzzy can not be quantitatively evaluated,which helps the enterprise to understand the situation intuitively and solve the application problem in a targeted manner.Secondly,the degree of construction of taxonomy affects the application level of XBRL from the root cause.Finally,the government's safeguard policy can protect the promotion of XBRL in the enterprise.It is also the source of XBRL in China's development process.If China wants to be at the forefront of XBRL research,it will inevitably be inseparable from the government's efforts,and its key position in promoting China's informationization process cannot be shaken.This research can not only improve the application of XBRL in Y Group,but also provide some reference for other enterprises that apply XBRL.