XBRL in the Chinese Financial Ecosystem

Author

Li Jimei ; Hu Yuzhou ; Du Meijie

Author_Institution

Beijing Language & Culture Univ., Beijing, China

Volume

15

Issue

6

fYear

2013

fDate

Nov.-Dec. 2013

Firstpage

36

Lastpage

42

Abstract

The eXtensible Business Reporting Language (XBRL) is one of the most popular formats of business reports. It has been adopted by many countries and regions across the world, including China. This article examines XBRL in China and answers the following questions: What is XBRL technology? How has it been implemented in the financial ecosystem of Mainland China? What are the differences between three major Chinese XBRL taxonomies? It also highlights the challenges and opportunities of carrying out XBRL-based business analysis using the growing big data. This article is part of a special issue on leveraging big data and business analytics.

Keywords

XML; data analysis; financial data processing; Chinese XBRL taxonomies; Chinese financial ecosystem; XBRL technology; XBRL-based business analysis; big data; extensible business reporting language; Business; China; Competitive intelligence; Computer languages; Ecosystems; Finance; XBRL; big data; business analysis; financial report; information technology;

fLanguage

English

Journal_Title

IT Professional

Publisher

ieee

ISSN

1520-9202

Type

jour

DOI

10.1109/MITP.2013.59

Filename

6559963