FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2599600521> ?p ?o ?g. }

• W2599600521 abstract "The main objective of this study is to find out how XBRL will affect big audit companies. Purpose is to find out first of all, why audit companies are involved in developing XBRL and secondly, what are the main outcomes of XBRL for these companies. Also, the value-added of XBRL for other information process participants from audit companies’ perspective is discussed. The specific point of view of audit companies in relation to XBRL is little researched in the past and thus, there is no ready-made theory to be tested. Instead, theoretical part presents previous research that suggests and helps to understand potential implications of XBRL for audit companies. In addition, theory about effective capital markets and information efficiency is utilized. The study is exploratory in nature as audit companies’ point of view in relation to XBRL has not received much attention in the literature so far. Qualitative data was gathered through semistructured interviews with professionals from audit companies that represent different countries and knowledge areas. Interviewees’ answers to the first research question, what are the underlying reasons for audit companies to be involved in developing XBRL, revealed that audit companies are involved in developing XBRL because of the reputational gains. They also need to understand XBRL well in order to be able to provide assurance on XBRL documents and consulting services for their clients. As XBRL is predicted to change financial reporting practices, it is perceived to be natural for audit companies to be involved in its development. To be involved in innovations was also considered important. Related to the second research question, to whom is XBRL mainly developed for and its value-added for information process participants, the interviewees saw that XBRL benefits mostly authorities and users of financial information such as analysts. Answering the third research question, what are the main outcomes of XBRL for audit companies, requires that four background factors are taken into account. First factor is whether reporting in XBRL is made mandatory or not in a given country. Without a mandate, XBRL is not likely to have great implications for any function. Second, for what purposes XBRL is used (for example filing financial statements, tax filings or supervisory reporting) determines which functions are affected by it. For example, banks use XBRL and they may need consulting and risk services offered by audit companies. Third, the history and structure of audit firms differ which means that same aspects of XBRL are dealt with in different functions. Lastly, the characteristics of the reporting firm have to be considered. If companies choose to implement XBRL deeper into their accounting systems, then they must have effective internal controls and it also enables more effective way to analyze information." @default.
• W2599600521 created "2017-04-07" @default.
• W2599600521 creator A5013193384 @default.
• W2599600521 date "2013-01-01" @default.
• W2599600521 modified "2023-09-27" @default.
• W2599600521 title "XBRL from audit companies' perspective" @default.
• W2599600521 cites W1853189926 @default.
• W2599600521 cites W1939266606 @default.
• W2599600521 cites W1966540427 @default.
• W2599600521 cites W1972195228 @default.
• W2599600521 cites W1974762913 @default.
• W2599600521 cites W1981840825 @default.
• W2599600521 cites W1983507110 @default.
• W2599600521 cites W1986667842 @default.
• W2599600521 cites W1987718081 @default.
• W2599600521 cites W1988057346 @default.
• W2599600521 cites W1990317644 @default.
• W2599600521 cites W1991874307 @default.
• W2599600521 cites W1994515073 @default.
• W2599600521 cites W1999338703 @default.
• W2599600521 cites W2000117884 @default.
• W2599600521 cites W2010243185 @default.
• W2599600521 cites W2010370161 @default.
• W2599600521 cites W2012494203 @default.
• W2599600521 cites W2016689008 @default.
• W2599600521 cites W2025566405 @default.
• W2599600521 cites W2030753054 @default.
• W2599600521 cites W2035804107 @default.
• W2599600521 cites W2037616037 @default.
• W2599600521 cites W2038155080 @default.
• W2599600521 cites W2041019617 @default.
• W2599600521 cites W2043298609 @default.
• W2599600521 cites W2043464706 @default.
• W2599600521 cites W2044854242 @default.
• W2599600521 cites W2046522380 @default.
• W2599600521 cites W2046661151 @default.
• W2599600521 cites W2052781236 @default.
• W2599600521 cites W2056002708 @default.
• W2599600521 cites W2063346237 @default.
• W2599600521 cites W2064324130 @default.
• W2599600521 cites W207106122 @default.
• W2599600521 cites W2072213053 @default.
• W2599600521 cites W2086384857 @default.
• W2599600521 cites W2101969981 @default.
• W2599600521 cites W2110321237 @default.
• W2599600521 cites W2110510421 @default.
• W2599600521 cites W2117786560 @default.
• W2599600521 cites W2131773668 @default.
• W2599600521 cites W2133604390 @default.
• W2599600521 cites W2136082883 @default.
• W2599600521 cites W2137787530 @default.
• W2599600521 cites W2143225159 @default.
• W2599600521 cites W2144686572 @default.
• W2599600521 cites W2151488976 @default.
• W2599600521 cites W2162453114 @default.
• W2599600521 cites W2227034509 @default.
• W2599600521 cites W2255975527 @default.
• W2599600521 cites W2296349719 @default.
• W2599600521 cites W2567382765 @default.
• W2599600521 cites W2582377764 @default.
• W2599600521 cites W3121227176 @default.
• W2599600521 cites W3121682012 @default.
• W2599600521 cites W3122550826 @default.
• W2599600521 cites W3123250782 @default.
• W2599600521 cites W3125500680 @default.
• W2599600521 cites W3125729824 @default.
• W2599600521 cites W58746682 @default.
• W2599600521 hasPublicationYear "2013" @default.
• W2599600521 type Work @default.
• W2599600521 sameAs 2599600521 @default.
• W2599600521 citedByCount "0" @default.
• W2599600521 crossrefType "journal-article" @default.
• W2599600521 hasAuthorship W2599600521A5013193384 @default.
• W2599600521 hasConcept C121955636 @default.
• W2599600521 hasConcept C144133560 @default.
• W2599600521 hasConcept C199521495 @default.
• W2599600521 hasConcept C2777264242 @default.
• W2599600521 hasConcept C2779146283 @default.
• W2599600521 hasConceptScore W2599600521C121955636 @default.
• W2599600521 hasConceptScore W2599600521C144133560 @default.
• W2599600521 hasConceptScore W2599600521C199521495 @default.
• W2599600521 hasConceptScore W2599600521C2777264242 @default.
• W2599600521 hasConceptScore W2599600521C2779146283 @default.
• W2599600521 hasLocation W25996005211 @default.
• W2599600521 hasOpenAccess W2599600521 @default.
• W2599600521 hasPrimaryLocation W25996005211 @default.
• W2599600521 hasRelatedWork W1509920715 @default.
• W2599600521 hasRelatedWork W1575567632 @default.
• W2599600521 hasRelatedWork W2135754712 @default.
• W2599600521 hasRelatedWork W2185893723 @default.
• W2599600521 hasRelatedWork W2308111725 @default.
• W2599600521 hasRelatedWork W2781692257 @default.
• W2599600521 hasRelatedWork W2785138479 @default.
• W2599600521 hasRelatedWork W286129139 @default.
• W2599600521 hasRelatedWork W2905744088 @default.
• W2599600521 hasRelatedWork W2906119578 @default.
• W2599600521 hasRelatedWork W2906993495 @default.
• W2599600521 hasRelatedWork W2907114202 @default.
• W2599600521 hasRelatedWork W2922846017 @default.
• W2599600521 hasRelatedWork W2924387563 @default.

• next