期刊名称：Asian Journal of Economics, Business and Accounting
印刷版ISSN：2456-639X
出版年度：2018
卷号：9
期号：2
页码：1-8
DOI：10.9734/AJEBA/2018/45843
语种：English
出版社：Sciencedomain International
摘要：The main duty of every corporate house is to disclose its business affairs to various stakeholders. Stakeholders are the group of people having direct or indirect interest on the business performance and its positional aspects. To disclose information related to the firm performance and its position it must rely upon a particular mode. In the earlier days the business information was circulated through clay, paper and other unstructured formats such as word, PDF, html etc., these reports are only readable by human but not by machine. This leads to an increase in dependency on the manual process which results in high costs and inefficiency of reports. So there is a necessity to have a structured format of financial reports which are readable by both human and machines. This can be done only through the digital form of the reporting system. One of the available tools to report the corporate information which is readable by both machine and human is XBRL. The present study analysed the benefits of XBRL to various stakeholders and also examined the efficiency in disclosing the integrated corporate information. For this purpose data was collected through primary and secondary sources and collected data were analysed with the help of descriptive and t-t test and found that the XBRL financial reporting is most efficient than traditional reporting and gives wider benefits to all classes of stakeholders.
关键词：XBRL;integrated reporting;stake holders;efficiency of financial reports
