XBRL Impact On The Quality Of Financial Reporting Information

The social and economic development into the information age. Scalable business reporting language XBRL is the United States Charles hoffman, certified public accountants to use this technology in many countries today have to submit the financial report. China’s A shares enterprise comprehensive promotion using these classification criteria. XBRL technology has used for years in our country. From the Angle of financial reporter and users, the XBRL is influential to the enterprise accounting information quality is very meaningful.First of all, this article summarizes the XBRL, financial reporting information quality and the earnings management related theory, based on reliability, understandability, comparability, relevance, importance, and timely analysis of caution XBRL financial report on the quality of the accounting information. Then, according to the situation about popularizing of XBRL technology in our country put forward the research hypothesis, selection of 2007-2014 a-share listed companies as research samples, the degree of earnings management are calculated by use of A modified Jones model as the substitution variable of accounting information quality is as explained variable, chooses whether XBRL implementation of virtual variables XBRL and listed companies exchange virtual variable EXC as explanatory variables, multiple regression model, the empirical results show that the proposed hypothesis, namely the use of XBRL general classification standard is helpful to restrain the earnings management behavior of listed companies, the Shanghai stock exchange listed companies implement XBRL technology compared to the Shenzhen stock exchange listed companies is more beneficial to the improvement of the quality of accounting information, the Shanghai stock exchange enterprise compared to the Shenzhen stock exchange for earnings management behavior is by inhibition of even more significant. According to the theoretical results suggest to implement XBRL and general classification standards, including:(1)to fully tap the enthusiasm of enterprise application XBRL; (2) the government and related departments to increase the propaganda, popularization of XBRL and talent training; (3) improve the corporate governance structure; (4) to establish a comprehensive multi-level system of information security.