Research Of The Application Of XBRL In The Value Chain Accounting

With the highly development of the technology, computer become more and more popularized, which indicate the coming of a phrase that take informationization as the main character. Meanwhile, the development stage of informationization of one country can be seen as a standard of its comprehensive strength. While the coding technology of accounting information staged from the original HTML to XML, the reporting module of internet financial reporting are transferring from PDF to XBRL.XBRL offers a standardized way to compile the financial report of a company. It can make it convenient for the financial information to exchange among different environment by giving these electronic information specific coding or identification mark. Given that the XBRL can provide reliable method for searching the financial information published in different forms and improves the efficiency of preparation of reports, the workload of employees can be greatly reduced. The accounts are in accordance with the requirements of the accounting standards by adding logo to each account which can be conductive to the collection of account data. Information input is completed in one time, which can avoid the error arised in the repeated input and make the format conversion be convenient. XBRL changed the communication between the enterprises, it is applied to improve the efficiency of compilation, analysis of report and information exchange.Most of our enterprises have not introduced the concept of value chain management, and the limitation of information technology implies that we are not qualified to implement this management module. Along with the process of global integration, the value chain management can be sure to get favor in the competition. This also brings challenges to the accounting theory and practice. In the view of the strict requirement of reliability and real-time for the financial information, we have reason to believe that XBRL can be the best route for the popularization of the value chain accounting. This article start from the basic concept of XBRL, outlined the advantage of XBRL and its technical framework and exploring its specific applications in the value chain accounting. Then pointed out the possible drawbacks and put forward some suggestions for improvement.This thesis includes five parts:The first part is the introduction. The research background and significance of topics, as well as the domestic and foreign study of XBRL on the literature review, it also introduces the research framework and methodology.The second part is the basic theory of XBRL. Mainly including technical framework, application advantage of XBRL and the basic meaning of value chain accounting.The third part pointed out one application field of XBRL in the value chain accounting. Analyze how XBRL in the value chain accounting processing and transmitting information. Establishing XBRL GL-REA semantic model to facilitate the information users. And quoting the Wacoal Company XBRL-GL application case to consider its possible value in value chain management accounting. Meanwhile summarized appropriate mode of how to achieve financial information processing.The fourth part points out problems put forward in the application process and put forward some practical suggestions.The fifth part is the conclusion, points out the problems in the study.This thesis mainly uses the standard analysis method, discussing that the XBRL as a new marker of language is the inevitable outcome of the network environment. And introduces its related theoretical basis, research focused on the application of XBRL in the value chain accounting management for information processing.Innovation:the value chain accounting and XBRL have recently begun to research in the accounting field. This thesis looks for the combination between the two, providing a feasible direction for the development of the two.