The Research Of Financial Report Model Under The Circumstances Of Information Technology

1. The background and significance of this researchWith the popularity of information technology and the development of internet economy, the traditional model of financial report is confronted with severe challenges among which comes first the change of that model. How to establish the model of financial report which suits information technology has become a hot issue in both the accounting theories and the practices.2. The structure and main content of this dissertationThis dissertation totally has four chapters, and its main content and basic viewpoints are illustrated as follows:This paper first has a review of the connotation and relevant theoretic basis about the model of financial report in its first chapter, analyzing the general factors that promote the evolution of the model, and then analyzes the effect of Information Technology on the model of financial report.In Chapter Two, the paper illustrates five key points which closely relate with the reform of that model under information technological circumstances. The five key points are to satisfy users'pluralistic demands, to realize online real-time and dynamic interaction, to pay equal attention to the reliability and relevance, and to realize the diversity of report content and its type.Before putting the new model of financial report forward, Chapter Three first sorts out the revolution of that model, and then analyzes and compares foreign studies with domestic ones under information technological circumstances. It further points out the application of the multi-dimensional model of financial report which has the concept of time and space.Closely continued from the preceding chapter, Chapter Four preliminarily discusses the multi-dimensional model of financial report mentioned above with a focus on further studies of the analysis and application of XBRL—an implement the new model relies on, and finally concludes plans for carrying out the multi-dimensional model of financial report based on XBRL in our country.3. The innovation and disadvantages of this paper, and its future research directions(1)The main innovation of this dissertation lies in that firstly, by concluding different theories and practices in the model of internet financial report at home and abroad, it compares their advantages and disadvantages, their logical relations and their progress in practice and it further analyses their feasibility and applicability. Secondly, on the basis of conclusion, comparison, and analysis mentioned above, this paper tries to propose a new model of internet financial report which can provide multi-dimensional information with a number of advantages. This new model will become the information report carrier in the concept of time and space under the premise, in which it does not conflict with current financial accounting theories and practices. Last but not the least, this paper attempts to make a preliminary discussion about the multi-dimensional model of internet financial report.(2) The disadvantages of this paper and its future research directions: XBRL——the financial report language the new report model relies on is currently applied only in main developed countries, so the domestic literature for reference is seldom available, besides there is a lack in broad investigation basis. For all the limitations mentioned above, this paper mainly uses normative and descriptive research methods. However, with the strengthened trend of internationally accounting harmonization in China, I do believe that the new internet report model and its financial report language must be in widespread application in the near future, when we can not only rely on the traditional research methods but also use positive research ways such as archive method, questionnaire method and case study method to explore multi-angle and multi-level research in this hot issue.