The Research On Development Model Of XBRL Taxonomy

Since the outbreak of the global financial crisis,the quality of financial reporting issues once again attracted the world's Government and the community's attention.How to improve the effectiveness of financial reporting has always been and will continue to be a topic of common global concern. XBRL(eXtensible Business Reporting Language)is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world.It provides major benefits in the preparation,analysis and communication of business information.It offers cost savings,greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data.And its good extensibility makes it possible for enterprises to disclose their financial information timely in the network environment. XBRL's technical advantages, brought new opportunities for Financial Reporting Supply Proces reengineering.The new quality characteristics of XBRL Financial Reporting offers the possibility to improve the effectiveness of financial reporting.But, construction of high-quality XBRL taxonomy system is the precondition to improve the effectiveness of financial reporting.Based on this background, in this paper, using a standardized methodology to make research round the central issue of how to construction of high-quality XBRL taxonomy system.Focuses on analysis of the development of China's XBRL taxonomy and the problems faced.By comparing the learning experience in the international mainstream, to make recommendations for China to build high-quality, international convergence of the XBRL taxonomy system.Full text is divided into four parts, the first part introduce XBRL's technical advantages and the new quality characteristics of XBRL Financial Reporting offers the possibility to improve the effectiveness of Financial Reporting; The second part introduced the development process of China's XBRL taxonomy, analysis the problems faced;The third part compare and learn from the mainstream mode of construction of XBRL taxonomy in international:IFRS XBRL taxonomy and US GAAP XBRL taxonomy;The forth part through the above analysis,advise to the construction of our national XBRL taxonomy.In this paper, start from the the practical reality facing the urgent need to address problem of how to ensure the effectiveness of the XBRL Internet Financial Reporting to improve the quality of financial information,to study the construction of XBRL taxonomy, is of great practical significance. In this paper,with a global, forward-looking manner to closely track the perspective of the the developmen of international XBRL taxonomy t and the application of dynamic, to combined with the actual situation in China, made not only based on China's national conditions, and can fully focus on convergence with the international classification of XBRL standards mode.