The Application Evaluation Research Of XBRL In Agricultural Listed Companies

With the continuous development of technology, for most people, the demand of information is no longer satisfied with the simple passive acceptance of information. As the subject of information provider and demander, listed companies have their own requirements. On the one hand, listed companies hope that they can provide external information accurately and timely. On the other hand, they want to get high-quality information and then they can process data based on this information. Therefore, XBRL emerged as the times require. XBRL is a generally accepted international report language, and it is also the application of XML. XBRL enables companies to search, analyze and compare information. Since1998, XBRL has experienced rapid development. With the continuous comprehension of XBRL, it has been applied and popularized around the world.After summarizing relevant reference, the author found that the study of XBRL was limited to background, classification and current application. As for the influence of its application in the company, there were few scholars studied. Therefore, the paper will focus on examining agricultural listed companies and build a comprehensive application effect framework and evaluation model. The paper id designed to provide guidance for the application in other listed companies, through the evaluation of XBRL in these specific agricultural listed companies.The paper will concentrate on two issues. To be specific, the first one is how to design the indicator of evaluating XBRL application effect. The second one is how to evaluate. The paper is based on date and materials from200companies. Starting from the emergence and development of XBRL, the paper studies the basic theories (techniques, regulation, classification, case files), advantages and the influence upon financial information users, based on the foreign XBRL theories and experience. The paper also analyze the current application of XBRL, from the viewpoint of Treasury Department, Stock Exchange, and corporate. Meanwhile, after comparing a varieties of methods, we select the IT balanced scorecard as the best evaluation method, building the framework from four dimensions: customers satisfaction, enterprise value contribution, enterprise process and learning and revolution. In the end, we come up with the factors affecting the development of XBRL in China:the lack of government communication, the lack of suitable software, and the lack of application platform. The paper also explains how to make improvements in the future. The specific advices are increasing the publicity, developing software, and improving the classification of XBRL...