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IJSTR >> Volume 5 - Issue 4, April 2016 Edition



International Journal of Scientific & Technology Research  
International Journal of Scientific & Technology Research

Website: http://www.ijstr.org

ISSN 2277-8616



XBRL, How It Implies The Audit Process?

[Full Text]

 

AUTHOR(S)

Sepky Mardian

 

KEYWORDS

XBRL, financial reporting, audit process, real-time, interactive data.

 

ABSTRACT

This article aimed to know what is XBRL, how it works and it implies to audit process. XBRL as a new tool was expected to produce a timelines, reliable, and credible financial reporting. With its real-time and interactive data, XBRL will help the investor, and other stakeholder in receiving, storing, analyzing the information quickly. While in audit profession, XBRL will speed up the audit process, save the audit cost and increase the revenue. However, in fact, XBRL will make it happen if it was implemented and integrated to an information system owned by data/information provider.

 

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