The eXtensible Business Reporting Language (XBRL) has been developed to standardize financial reporting. It could also improve internal business processes. Yet there is no scientific research to substantiate this claim. In this paper we use discrete-event simulation to determine the impact of XBRL on internal business processes. Simulation models of the existing and possible new situation are d...

XBRL has the ability to provide financial statements with improved data information quality (DIQ). Contextual and representational DIQ are relevant to perceptual and decision factors of nonprofessional investors when they interact with XBRL-based financial statements and make investment decisions. The author posits that XBRL-based financial statements with improved contextual and representation...

The paper discusses several critical points of the whole concept of Business Intelligence (BI) approach to environmental reporting powered by XBRL. First, and most important, is the usage of structured data delivered via XBRL. The main profit on usage of XBRL is the optimization of the Extract, Transform and Load (ETL) process and its combination commonly used best practices on data warehouse m...

Article history: Received 15 November 2010 Received in revised form 9 February 2012 Accepted 15 February 2012 Information professionals performing business activity related investigative analysis must routinely associate data from a diverse range of Web based general-interest business and financial information sources. XBRL has become an integral part of the financial data landscape. At the sam...

eXtensible Business Reporting Language (XBRL) presents new opportunities for integrating information flow within communities of diverse organisations thereby significantly enhancing the business information supply chain. Vital to XBRL success, its standardization is proving to be challenging. This paper investigates the phenomena that occur when heterogeneous actors interact in attempts to stan...

Nowadays, there is an important development in XML and Data Warehouse (DW) applications. Moreover, companies and financial institutions need more accounting information. In addition, this information must be reliable and on time. XBRL (eXtensible Business Reporting Language) is a global de facto standard, based on XML. XBRL consists of a set of taxonomies, which define different accounting regu...

This paper presents an approach to analyze XBRL documents using semantic web technologies. The system takes an XBRL document and converts its information into RDF files. The obtained files are merged with an OWL ontology describing financial information domain. The system enables the formulation of SPARQL queries over the generated data which facilitate the analysis of the financial information...

Only 13 years ago in April 1998 Charles Hoffman, a CPA investigated how XML could be used for the reporting of business and financial information. By now many researchers are dealing with this topic. The high (practical) relevance of XBRL is emphasized by several laws and a large number of regulatory requirements stipulating the use of XBRL for business and financial reporting. Giving an overvi...

XHTML and XBRL are the standard languages for creating a database for the purpose of displaying financial statements on web applications. Today, XBRL is one of the most popular languages for business reporting. A large number of countries in the world recognize the role of XBRL language for financial reporting and the benefits that the reporting format provides in the collection, analysis, prep...

Article history: Received 2 February 2007 Received in revised form 22 October 2008 Accepted 23 October 2008 XBRL is a language based on XML for the electronic communication of business information. It is designed to improve the exchange, aggregation and analysis of corporate data requiring disclosure, through a unique tagging structure that provides interoperability. But, the proliferation of a...