The Research On Differences Between XBRL Taxonomy And The Information Of Notes To The Listed Company’s Financial Reports

Since XBRL（Extensible Business Reporting Language） was applied to the financialfield, XBRL was booming on it’s own merits. In the global process of promoting thetechnology of XBRL, General Taxonomy plays a important role. In2010, the Ministry ofFinance issued 《CAS General Taxonomy》, which has generality for all enterprises. TheGeneral Taxonomy of our country is based on the enterprise accounting standards, rather thanthe disclosure of the business needs of enterprises, thus the problem of applicability occurred.The disclosure of accounting standards allows enterprises to carry out voluntary disclosure ofinformation, resulting in the difference between the standard and general classificationstandards. This paper analyzes the factors that cause the difference between corporatedisclosure practice and general classification standards, so as to provide the basis for thegeneral classification standards, so that it better adapt to the disclosure needs of enterprises.This paper selects179listing corporation as a research sample, does a comparison of thenotes information of the financial report and the notes information of General Taxonomy. Theresult showed that the total differences mainly concentrated on the notes of balance sheet andthe notes of accounting policies and explain, and the differences of new markers is the main isthe reason to cause the total differences and company. Then select large proportion ofshareholders, debt ratio, the proportion of independent directors, the proportion of intangibleassets, the company benefits, related indicators of operating capacity to do empirical research,through descriptive analysis and multiple linear regression analysis, the results show that thelarge proportion of shareholders and corporate disclosure information and General Taxonomyof information about the differences significant negative correlation, the proportion ofintangible assets and corporate disclosure information and General Taxonomy of informationabout the differences significant positive correlation, operating capacity and corporatedisclosure information and General Taxonomy of information about the differences significantpositive correlation. large proportion of shareholders and the proportion of intangible assetsand the company’s operating capacity are major factors for enterprise to extended GeneralTaxonomy.Following suggestions are given to improve to improve the General Taxonomy. We should extend some elements of information shared by some companies. we should improvetheir integrity and regulated the behavior of major shareholders and improve the level ofscience and technology and enhance the operational capability to promote the maturedevelopment of management system of the listing corporation. we should strengthened thecontinuing education of accounting practitioners, promote the application of XBRLtechnology in enterprises.