The Research On Model Of Continuous Auditing Based On XBRL

With the development of information technology, the enterprise can use computer torealize the overall flow of information shared, improve the efficiency of managers toobtain information. Due to the advantages of computer technology, enterprise dependdeeply on computers, and large companies prefer to using Management InformationSystem. However, the company focused on information technology beneficial side, butignored the negative effects of information technology brought.At present, the company listed on the Shanghai stock exchange has been the basicrealization of XBRL Instance disclosed financial statements. XBRL owns openness,accuracy, efficiency and versatility, therefore, enterprise application of XBRL technologycan effectively improve the efficiency of financial information processed, reduce risk, savetime and labor costs. These advantages of XBRL, however, has brought serious challengesto the auditing, such as increase the auditing risk and cost, expand the scope of the auditing,etc. In the light of the XBRL advantages and limitations of the auditing, XBRL andauditing is attract public attention. This article is research the Continuous Auditing basedon XBRL in such environment, in order to build the real-time, intelligent continuousauditing model, to undertake the important task of independent outside supervision, andprovide high quality and reliable decision support to users.Firstly, this article introduces the related theory on XBRL and Continuous Auditing,analysis of XBRL technology architecture, advantages, disadvantages and the currentrelatively popular auditing models; Secondly, the author from the perspective ofcost-benefit analysis the feasibility of the Continuous Auditing based on XBRL; Finally,through the analysis of XBRL and Continuous Auditing, comprehensive consider theContinuous Auditing based on XBRL is faced with a variety of risk factors, we will build anew model of Continuous Auditing based on XBRL and applies the model to the H.T.E co.